Thursday, March 15, 2007

IT Sector : TCS, Tata Elxsi, NIIT Tech, Hexaware look attractive

TCS seems a better bet than Infosys bacause of lesser exposure to business risk associated with the US markets and will outperform the latter in the medium term. Tata Elxsi & NIIT Tech have stood very strong in the recent swings. Good fundamentals, strong pedigree and excellent future prospects will deliver good returns. Hexaware's management has confidently projected the bottom-line to double in the next 24-30 months making it a strong candidate to lock-in gains along with the fact that it is available at an attractive PE.

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