Hitesh Shah, IT analyst at IDFC Securities is of the view that TCS may outperform with a 12 months price target of Rs 3000.
IDFC Securties' IT & Telecom Analyst, Hitesh Shah says Tech Mahindra's acquisition of Lightbridge Communications Corporation (LCC) will doube its addressable market in telecom space. He also likes Midcap IT company KPIT Tech.
Hitesh Shah, IT Analyst at IDFC Securities says Indian IT services will see a convergence of growth going forward.
Hitesh Shah, IT Analyst at IDFC Securities is of the view that Tata Consultancy Services may go upto Rs 2700.
Hitesh Shah, IT Analyst at IDFC Securities is of the view that Infosys may touch Rs 3500.
Hitesh Shah, IT Analyst, IDFC Securities sees FY14 Infosys growth at 0.1%, implying about 12 percent dollar revenue growth for full year. With rupee staying where it is, it should be able to do closer to Rs 190 on recurring earnings per share (EPS) for full year.
Hitesh Shah, Director, IDFC Securities says the company's guidance of 2-4% (consolidated) for Q2 is weak given the fact that September is the seasonally strong quarter.
Hitesh Shah, Director of IDFC Securities spoke to CNBC-TV18 about Infosys' first quarterly earnings and whether it was inline with his expectations.