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Tuesday, April 24, 2012
Stay invested in TCS
Thunuguntla told CNBC-TV18, "One can easily keep TCS. I am sure one thing is going to happen is big hands and who have interest into Infosys earlier, I am sure they would like to re-change their portfolio into the TCS. I think it is appearing that from the posted image of IT industry of India Infosys will be giving it up to TCS. I think TCS will be clear beneficiary, you can easily stay invested."
The company's trailing 12-month (TTM) EPS was at Rs 38.68 per share. (Mar, 2012). The stock's price-to-earnings (P/E) ratio was 30.82. The latest book value of the company is Rs 155.61 per share. At current value, the price-to-book value of the company was 7.66. The dividend yield of the company was 1.17%.
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