Technology

Tata Consultancy Services is the IT products arm of the Tata Group. It provides consulting-led integrated portfolio of information technology (IT) and IT-enabled services delivered through a network of delivery centers around the globe.The company is absolutely debt free and delivers a whopping 48% RoCE. It currently trades at 24.3x of its earnings and this is at a lower side in the last one year. ITCS pays attractive dividends averaging 35%. Hence Buy.

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