TCS vs DXC: What Is the 7 Yr Legal Battle About, and How Does It Impact TCS?
India, June 17 -- The shares of this large cap company majorly engaged in providing IT services, consulting and business solutions while offering consulting-led, cognitive powered, integrated portfolio of business, technology and engineering services, were in focus after its legal battle nears end post supreme court rejects its appeal.
With the market capitalization of Rs. 803,396 Crores, the shares of Tata Consultancy Services Ltd were trading at around Rs. 2218 per share which is 37 percent discount from its 52 week high of Rs. 3539 per share and is trading at a P/E of 15.1 whereas industry P/E stands at 21.2
How the Dispute Started?
The roots of the case go back several years and involve allegations made by DXC Technology's predeces...
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