The star in the IT pack

HCL Technologies - long an upstart to India's Big Three, TCS, Infosys and Wipro - has broken into the big league with a performance that beat its bigger brothers. Here's an interesting fact: HCL Tech beat out the top three in stock returns on a ten-year basis, with gains of 632 per cent (excluding dividends) as compared to TCS' 616 per cent, Wipro's 151 per cent and Infosys' 30 per cent. The infrastructure management services (IMS) vertical has been the biggest driver of HCL Tech's revenues and its re-rating. The company has beaten its peers in aggressively bidding in the infrastructure space, which has deals with estimated worth of $124

This article was originally published on December 04, 2015.