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TCS
stock traded sideways today and closed near yesterday’s level, ahead of its Q1FY26 results announcement. However, after market hours, Tata Consultancy Services reported a 6% year-on-year rise in net profit to ₹12,760 crore, beating analyst estimates. Revenue from operations grew just 1.3% YoY to ₹63,437 crore, which came in below expectations, reflecting subdued demand. CEO K. Krithivasan attributed the tepid revenue growth to "continued global macro-economic and geo-political uncertainties causing a demand contraction." The stock prices closed in the red for the fourth straight session, indicating cautious investor sentiment. With a mixed bag of earnings, how do you think the market will react in the upcoming session? Comment below with your views.
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