Whalesbook
Kya hua hai Nashik office mein?
Reports ke mutabik, TCS ke Nashik centre par 8 mahilaon ne assault, harassment aur religious coercion ke allegations lagaye hain. Ye mamle lagbhag 4 saal purane hain. Ab police investigation chal rahi hai aur 7 logo ko arrest bhi kiya gaya hai. Sabse badi baat ye hai ki company ka HR department Prevention of Sexual Harassment (POSH) Act, 2013 ko theek se follow nahi kar raha tha. Aisa lag raha hai ki internal complaints ko sirf verbal warnings dekar chhod diya gaya, jo ki rules ke khilaaf hai. Isiliye ab market mein bhi chinta badh gayi hai.
Stock Price ka kya scene hai?
Stock market mein toh hamesha hi upar-neeche chalta rehta hai, par TCS ka share pichhle 1 saal mein lagbhag 22-24% neeche gir chuka hai, ab ₹2,500-₹2,555 ke aas-paas trade kar raha hai. Ye jo governance wala scandl hai, usne is weakness ko aur badha diya hai. Investors ko lagta hai ki company ki performance mein kuch basic problems hain.
Competitors se comparison
TCS market mein kaafi bada player hai, iski market cap lagbhag ₹9.25 lakh crore hai. Lekin competition bhi tough hai. Infosys ki market cap ₹5.17-₹5.29 lakh crore ke beech hai aur HCL Technologies ki ₹3.88 lakh crore. Wipro toh aur chhota hai ₹2.20 lakh crore market cap ke saath. TCS ka P/E ratio around 17.6-19.4 hai, jo HCL Technologies aur Infosys ke muqable thoda kam hai. Ye dikhata hai ki investors TCS ke growth ko lekar thoda cautious hain, aur ye naya scandal is cautiousness ko aur badha sakta hai.
Governance aur Talent par risk
Ye pura incident TCS ke internal control systems par bade sawaal utha raha hai, especially harassment complaints ko handle karne ke tareeke par. Agar HR complaints ko seriously nahi lega toh employees ko safe environment nahi milega, aur talent loss ho sakta hai. Dusri IT companies mein aise mamlon ko sambhalne ka system behtar lagta hai. Kuch analysts toh TCS ko overvalued bhi mante hain aur kai log 'Underperform' ya 'Sell' rating de rahe hain. Agar NITES Ministry of Labour and Employment se pura sector ka POSH audit karwane ki petition kare, toh TCS par regulatory action ka bhi risk hai.
Analysts kya bol rahe hain?
Analysts ki rai thodi mili-juli hai. Lagbhag 72% analysts abhi bhi 'Buy' rating de rahe hain aur unka average target price ₹4,500 hai. Lekin competitors ke muqable growth mein kami aur ab ye governance issues, kuch analysts ne apne price targets ko neeche revise bhi kiya hai. Ab sabki nazar TCS par hai ki woh kaise is compliance issue ko solve karte hain, apne ESG ratings ko kaise sudharte hain, aur apne employees ke liye ek safe workplace banate hain.