Madhusudan Rao

Which IT Outsourcing Stock is the Best?

Thanks for your feedback. I beg to differ on the basic premise that the intrinsic value of a stock is calculated based on P/E ratio. The intrinsic value should be calculated based on the future cash flows to equity (FCFE) discounted at an appropriate rate. My article was an attempt to make an assessment of the Indian IT Stocks as an investment idea, taking into consideration the fact that IBM had performed well in the past one year, whereas Infy and TCS had not.
A deeper analysis is definitely a great idea.