Global brokerage CLSA CLSA warned that while TCS and Infosys currently trade at valuations comparable to Accenture, they risk trading at a marked discount if market share erosion persists into FY28, compounded by a lack of rupee depreciation support to cushion operating margins.
Global brokerage CLSA CLSA warned that while TCS and Infosys currently trade at valuations comparable to Accenture, they risk trading at a marked discount if market share erosion persists into FY28, compounded by a lack of rupee depreciation support to cushion operating margins.
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