 "TCS trades firm ahead of Q2 results")
Tata Consultancy Services (TCS) was trading 2% higher at Rs 2,510 on the BSE in an otherwise subdued market ahead of July-September quarter (Q2FY18) results on Thursday, October 12, 2017.
Since July 13, 2017, post April-June (Q1FY18) results, the stock was marginally up by 0.63% against 0.35% decline in the benchmark S&P BSE Sensex till Tuesday.
Brokerage firms expect TCS to report revenue growth of around 2% on constant currency (CC) terms for Q2FY18 over Q1FY18, while EBIT (earnings before interest and tax) margin is likely to improve on account of absence of wage hike, visa cost and
Since July 13, 2017, post April-June (Q1FY18) results, the stock was marginally up by 0.63% against 0.35% decline in the benchmark S&P BSE Sensex till Tuesday.
Brokerage firms expect TCS to report revenue growth of around 2% on constant currency (CC) terms for Q2FY18 over Q1FY18, while EBIT (earnings before interest and tax) margin is likely to improve on account of absence of wage hike, visa cost and
