TCS falls ahead of analyst meeting

Dec 17 2012, 15:31 IST
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Dealers cite market interest on TCS' outlook, given recent concerns over rival Infosys' outlook for fiscal 2013. (Reuters) Dealers cite market interest on TCS' outlook, given recent concerns over rival Infosys' outlook for fiscal 2013. (Reuters)
SummaryDealers cite market interest on TCS' outlook, given recent concerns over rival Infosys' outlook for fiscal 2013.

Tata Consultancy Services falls 2.3 percent ahead of a scheduled meeting between the management and analysts later in the day, amid concerns the software services provider will deliver a downcast view on the sector.

Dealers cite market interest on TCS' outlook, given recent concerns over rival Infosys' outlook for fiscal 2013.

Infosys' dollar revenue growth outlook of 5 pct for the year ending March 2013 could be under threat, Chief Executive S.D. Shibulal was cited as saying by UBS in an investor meeting.

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