Expect no massive swing in TCS stock price in tomorrow’s trade: Ankit Pandey, IT Quant Broking

In a chat with ET Now, Ankit Pandey, Analyst – IT, Quant Broking Pvt Ltd, shares his views on the TCS earnings.

ET Now: Do you think that these numbers will not nudge the needle much for the stock tomorrow? What is your first take on TCS numbers?

Ankit Pandey: If one has to look at the overall expectations from TCS, they were quite sombre. A month ago, they had toned down the expectations a bit, and the stock corrected quite a bit from its peak — in excess of 10% or in that range.

I believe the expectations have muted. So the numbers would not indicate any particular reaction other than maybe a couple of percentage points gain.

I would not expect any massive swing in the stock prices tomorrow based on the numbers that have come out.