AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Tata Consultancy Services (TCS) has seen its valuation slip below that of Infosys and HCL Technologies after a 14-year dominance. TCS is now trading at a trailing P/E multiple of 22.5X, lower than Infosys' 22.9X and HCL Tech's 25.1X. The decline in valuation is attributed to slower profit growth and margin pressure, marking a reversal for the country's largest IT services exporter.

Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet