Analysts express cautious optimism on TCS’ growth trajectory

Analysts express cautious optimism on TCS’ growth trajectoryIntro: BSNL deal ramp-up generated revenue but key verticals remain weak Padmini DhruvarajBengaluru, July 12After a better-than-expected quarter one performance by Tata Consultancy Services, analysts broadly expressed optimism about the company’s future performance. However, they also cautioned about the long-term sustainability of this growth. The reservation was on due to the fact that growth was driven by the BSNL deal ramp-up, with verticals in key markets such as communications and retail continuing to remain weak

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