HomeNewsBusinessStocksPrefer TCS over Wipro: Sharmila Joshi

Prefer TCS over Wipro: Sharmila Joshi

Sharmila Joshi of sharmilajoshi.com is of the view that one may prefer Tata Consultancy Services over Wipro.

July 19, 2016 / 16:38 IST
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Sharmila Joshi of sharmilajoshi.com told CNBC-TV18, "The earnings season hasnt gotten off to the best start with Tata Consultancy ServicesInfosys and Mindtree though Mindtree in a sense is a little different than the other two companies. The points to be noted in Mindtree's numbers especially the management take is that they are the first management who I have heard come out and said that Brexit has a negative impact on their growth story.""As it is within the IT pack, within the four large majors, Wipro is my least favourite stock. So I would say that since the negative is already in the price of TCS or Infosys, it makes sense to switch out from Wipro and get into a TCS at this point in time rather than continue staying invested in Wipro," she added.

first published: Jul 19, 2016 04:38 pm

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