October 16, 2006
Indian IT stocks creep incredible heights amidst tight competition!
-- By Priya Venkatesh, Staff Writer
Do you get involved in the stock market? Did you have a look at the results of the third quarter? Here are the details of outperforming stocks of the stock market as on date!
Share prices of the IT vendors, Wipro, Satyam, Infosys & TCS have crept incredible heights very recently! While the European and American counterparts struggle hard to sustain the high value of their stock prices & are at 100.4 & 98.3, Indian IT companies have gone up to 117 recently.
Sourcingmag.com accounts this to the gain that the companies have incurred in bagging larger contracts from overseas. Shares of CTS seem to outperform its Indian peers since the share value of the company has crept up by 50% this year.
Read one of our previous post on 'Build infrastructure to sharpen outsourcing edge, says the Indian P.M' to know more about the initiatives taken by the Indian government to encourage outsourcing!
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