Shares of Tata Consultancy Services (TCS) rose as much as 2.57% in morning trade on October 8, ahead of the company's July-September quarter results, which are due after market hours today.
The stock was trading at Rs 2,133.70 on the NSE, up 2.57%, at 9:24 am.
India's largest software exporter is set to kick off the Q2 IT earnings season. Brokerages expect muted sequential growth for TCS in an otherwise seasonally strong quarter, as AI-led deflationary pressures weigh on growth prospects.
During the quarter, TCS won a $1.45 billion mega deal, acquired Porsche's IT arm MHP and announced a Rs 70,000 crore data centre project in Hyderabad. Its parent, Tata Sons, is also navigating an internal leadership rift.
Here are five key themes to watch in the company's management commentary: