TCS share price prediction post Q2: Tata Consultancy Services marginally beat the street estimates after the IT bellwether reported its second quarter result for the financial year 2026-27 on Thursday, October 8. The Tata Group’s flagship IT software services provider reported a slightly higher-than-expected September-quarter revenue. With TCS Q2 result out today, all eyes are on how the IT stock will perform in the next trading session, i.e. on Friday, October 9.
TCS share price is unlikely to see a sharp result rally on Friday, and the stock can see a slightly positive opening followed by range-bound movement throughout the day, according to Tushar Badjate, Director, Badjate Wealth1 Pvt. Ltd.
For Friday, Tushar Badjate is “not expecting fireworks”. He believes that the stock may see flat to slightly positive opening.
“Technically, ₹2,000 is the level I'm watching. The stock found support there after the August fall. If it holds, ₹2,250 to 2,300 is possible over the next few months. For Friday, I'd expect it to trade somewhere between ₹2,080 and ₹2,200,” he explained.
TCS Q2 profit came in better than what the street was expecting, Badjate, who mentioned the company’s order book as one of the key highlights. The IT heavyweight has signed $9.6 billion of deals in a quarter where the West Asia situation had clients holding back.