TCS’s valuation premium over peers has eroded, with its forward multiples now near Wipro levels amid sector weakness triggered by Accenture’s outlook cut. The Nifty IT index remains the worst-performing sectoral index, down 28% this year.
TCS’s valuation premium over peers has eroded, with its forward multiples now near Wipro levels amid sector weakness triggered by Accenture’s outlook cut. The Nifty IT index remains the worst-performing sectoral index, down 28% this year.