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Stay invested in TCS: Avinnash Gorakssakar

Avinnash Gorakssakar, Market Expert is of the view that one may stay invested in TCS.

August 18, 2017 / 16:10 IST
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Avinnash Gorakssakar, Market Expert told CNBC-TV18, "Clearly Tata Consultancy Services (TCS) would continue to show more stability and at least from the management stand point of view, it is definitely well positioned as compared to Infosys. So I would suggest to hold on. Rather than buying fresh, holding on would make more sense."

"At least for the longer term, I am quite positive that over the next 2-3 years, TCS could definitely do well and reward its stakeholders. So all-in-all, maybe upside may not great in the near-term, but overall I think the next 2-3 years, it should definitely give good results."

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"I would prefer within the larger IT pack, something like HCL Technologies, Wipro, Infosys and TCS. These would be the top picks the investor should focus on. The larger ones I think are more important. The smaller ones probably would not have these kind of management issues, but in the near-term, I think it is better to stick to these front-line IT companies," he added.

first published: Aug 18, 2017 03:50 pm

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