Pricing and buys may help Infosys pip TCS in growth

Infosys is likely to grow faster than larger rival TCS this fiscal year, analysts said, on the back of its acquisitions and competitive pricing strategy. Over the past two years, the software services provider has been investing in an aggressive sales and marketing team and to attract digital- tech-focused deals.

The company decided to build long-term relationships with strategic clients, including telecom major Verizon and hired deal directors to chase large deals. This has given Infosys an edge over TCS, they said.

“This year (financial year 2019-20) Infosys will grow faster than TCS. While TCS is likely to see 8-8.5% growth in constant currency terms, Infosys should grow over 9% on an organic basis, excluding Stater,” said Kuldeep Koul, lead IT analyst at ICICI Securities.