Highlights Surprise resignation of TCS CEO Internal candidate to take over Seasoned professional with depth and breadth of experience We see little disruption owing to the management change TCS set to gain market share in a difficult macro environment The stock has underperformed, good time to add In a rather unexpected development, India’s largest software service firm TCS (CMP: Rs 3,174 Market Cap: Rs 11,61,913 crore) has announced the exit of its Chief Executive Officer and Managing Director Rajesh Gopinathan. The resignation will be effective from...
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