He points out that TDCX is growing its existing client revenues in scale and scope, increasing the number of contracts and headcount under each client as well as cross-selling additional services.
PhillipCapital has initiated “buy” on TCDX with a target price of US$22 ($30), which offers a potential upside of 58.3%.
In his April 19 note, PhillipCapital research analyst Jonathan Woo says the Singapore-based, New York Stock Exchange-listed digital customer experience (CX) solutions provider is a proxy for high-growth new economy companies.
