Buy Tata Consultancy Services: Saurabh Mukherjea

Saurabh Mukherjea - CEO, Institutional Equities at Ambit Capital told CNBC-TV18, "Tata Consultancy Services (TCS) remains a buy. We like TCS but as the quarters go by and as growth from outsourcing becomes harder to generate or the erstwhile levels of growth from outsourcing becomes harder to generate, I think other IT firms will also follow Infosys’ copy book.""My reckoning is that we will see couple of large Indian IT companies do well in the years ahead. If I had to choose today, I would choose TCS and HCL Tech as my stars of the future but what Infosys has shown everybody is that you have to change the copy book if you want to succeed in what is a very weak global environment," he said.