IT and FY09 Guidance

The results of Biggies in IT are out and Market reacted positively after Infosys announced its quarter numbers and lifted the whole Market with it. But then TCS come out with the numbers and exact opposite thing happened as it dragged IT index by more than 5% .

Here is the quick comparison for you, which clearly states Infosys and Satyam as hot favorites for IT sector in the coming quarters

Company FY09e EPS P/E
Infosys 95.20 17.3x
TCS 60.90 16.3x
Satyam 30.40 15.1x
Wipro 26.90 16.8x
HCL 21.70 12.6x

 

P/E - Price/Earnings ratio

FY09e EPS - FY09 expected earnings per share

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