Tata Consultancy Services Net Profit and Futures

One of the India’s largest software concern Tata Consultancy Services (TCS) reported revenues at US$ 1686 m. This is approximately +17.7% Year of Year lower than expectations because of the head count rise of 11000 employees. When we are looking into the over all performance and profit, TCS has achieved really well. The revenue generated from financial domain is very less compared to the other domains. I guess TCS might have seen some form of market share loss in key financial services account during the quarter.
Tata Consultancy Services (TCS), plans to hire about 38,000 personnel in order to improve efficiencies and generate better returns, a top company official said.
"We are hiring a total of around 38,000 people out of which 20,000 would be trainees and 10,000 laterals," TCS' Global Human Resources Head and Vice-President, Ajoy Mukherjee, said on Tuesday.
Name: Tata Consultancy Services Ltd.
Script code: 532540
Listed in: Both BSE/NSE
Current Market Price: 789.60
As of now they are doing well, so start accumulating these stocks. Surely it will reach Rs 860 to 875