MARKET EYE-India's TCS shares gain; management retains forecast

Tue Dec 18, 2012 10:36am IST

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* Tata Consultancy Services gains 0.4 percent after its
management reiterates its positive forecast for fiscal years
2013 and 2014 in a meeting with analysts on Monday.
* Barclays says TCS management indicated volume growth slowdown
was not alarming and said the company's performance will
continue to lead peers.
* Jefferies says TCS' current share price offers a "good entry
point" and management believes that year is panning out as per
expectations.
* TCS shares have fallen 8.3 percent so far this month as of
Monday's close.

 (manoj.dharra@thomsonreuters.com/abhishek.vishnoi@thomsonreuter
s.com/; aradhana.aravindan@thomsonreuters.com)
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