Sudip Bandyopadhyay on 4 stocks to be bullish on from hospitality sector
«The other interesting thing which I found in the management commentary is that the AI portion, it has scaled up to 1.5 billion from about 800-900 million, that is quite interesting because that is the way forward,» says Sudip Bandyopadhyay, Group Chairman, Inditrade Capital.
We are at least mesmerized by the move in IT. Did you anticipate such a strong reaction to a largely in-line set of numbers from TCS?
Sudip Bandyopadhyay: Well, the reaction definitely is beyond expectation, but the numbers have been pretty good. It is, of course, the way expectations being built, but it is better than that.
Every segment in which they operate, the performance has been better. BFSI, particularly where they have been suffering for a very long time, finally they have turned it around.
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The other interesting thing which I found in the management commentary is that the AI portion, it has scaled up to 1.5 billion from about 800-900 million, that is quite interesting because that is the way forward.
So, these small-small things which in isolation may look small, but in totality it does create the picture of a very-very fast-growing opportunity going forward. So, yes, under these circumstances, the market is giving it a big thumbs up and TCS being the largest, every other IT stock is also
