What is your view on investment in TCS shares

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What is your view on investment in TCS shares, Is it good time to make entry?


CY18 - A memorable year for TCS denoting its 50th birthday celebration and as the first Indian organization to cross the $100 bn mark. Despite the fact that TCS turned 51 on Apr 1 2019, it's as yet youthful enough to be a youngster, with the stamina of a long distance runner.
For quite a while, Infosys was viewed as the bellwether of the IT segment, a dear of the establishments/financial specialists and, the outcomes season consistently started with its quarterly outcomes. In any case, the tide changed for TCS two or three years prior, practically matching with the start of the advertiser - the executives spat at Infosys.
From that point forward, TCS has assumed control over the mantle, with no advertiser intercession/interruption and keeps on producing amazing quarterly outcomes, while keeping up the high edges. Considering the reality the most IT organizations have been confronting numerous difficulties, TCS's accomplishment is surprising and it altogether has the right to shape the club of organizations with > $100 bn advertise capitalization (Reliance simply went along with it).
The as of late reported Q1 FY19 results have been phenomenal, and considerably more in this way, when contrasting and the 'restored' Infosys. The features of the TCS quarterly outcomes are as per the following:
In such a challenging environment, the organization has been keeping up its sound edges
All business verticals showed growth prospects, with a big boost from retail, BFSI on a q-o-q basis.
Europe including U.K. helped the income development even with a level money rate, while MEA locale saw de-development. The America's showed not too bad execution helped by the +5.15% money development (USD versus INR).
highlights:
Two new customers included the $100 million or more band successively.
13 customers included the $5 million or more band.
Weakening rate at 10.9%.
Board proclaims between time profit of Rs 4 for each offer.
The organization had as of late reported its second Rs 16,000 crore buyback[4] in two years, post the reward issue in May 2018.
Indeed, even while the organization has been compensating the investors through reward issue and buyback issues, the capital thankfulness has been fair, clearly supported by astounding financials.
Financial and source credits: Company presentation on Q1FY19 results, Bloomberg Quint article, Rediff, Moneycontrol, NDTV Profit websites.
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