TCS Q2 earnings on Thursday; here’s what to expect
On a year-to-date basis, shares of TCS have rallied more than 55 per cent.
By ETMarkets.com | Updated:
Software giant TCS is expected to announce its September quarter earnings on Thursday. A majority of the brokerages expect EBIT margin of the company to improve in Q2 FY19 on account of rupee depreciation and lack of impact of salary hike in Q1.
On a year-to-date basis, shares of TCS have rallied more than 55 per cent to Rs 2,080.10 on October 8 whereas the BSE Sensex gained just 2 per cent during the same period.
TCS Q2 results: Top 10 takeaways from September quarter earnings
