TCS, Infosys, HCL Tech, Wipro: Lessons for IT investors from AI’s iPhone moment

During the previous phase of tech disruption that played out between 2015 and 2017 TCS, Infosys, Wipro and HCL Tech bottomed at a trailing PE of 16.3, 13.9, 12.5 and 13.1 times respectively. Today the disruption and threat are significantly more