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Prefer TCS, HCL Technologies: Sagar Rastogi

Sagar Rastogi of Ambit Capital prefers Tata Consultancy Services and HCL Technologies.

September 16, 2014 / 10:54 AM IST
 
 
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Sagar Rastogi of Ambit Capital told CNBC-TV18, "Infosys has so far been the least acquisitive among all of them – that might change with the new CEO coming in. We will have to wait till October 10 when we spell out his philosophy. Wipro has been doing small acquisition so far. I do not see that changing too quickly."

He further added, "Tata Consultancy Services (TCS) on the other hand has shown in the past an ability to take big bets. It acquired Diligenta many years ago, a similar platform, BPO kind of operation which it has ramped up successfully. It also wrote a cheque for USD 500 billion plus for Citi’s BPO operation. So, TCS among the three will be best positioned. I like TCS and HCL Technologies," he added.

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