TCS Q2 results: Ready for the big move? Here’s how to trade the IT stock on results day
Tata Group’s IT services arm Tata Consultancy Services (TCS) is set to announce its September-quarter results on October 8, with analysts expecting modest sequential revenue growth but stronger year-on-year numbers. The board is also expected to consider a second interim dividend.
According to the average of seven brokerages, TCS revenue is expected to grow around 13% year-on-year, while profit is likely to rise about 9%. On a sequential basis, constant-currency revenue growth is expected at around 0.5-0.6%.
