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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