TCS has started to manage market expectations quite well: Anand Tandon, Independent Analyst

In a chat with ET Now, Anand Tandon, Independent Analyst, shares his views on TCS’ earnings numbers. Excerpts:

ET Now: What do you think these numbers will do to the stock tomorrow?

Anand Tandon: The TCS management has started to do what Infosys did earlier, which is to manage expectations quite well.

While they did indicate that it would be a little softer than was earlier thought, the market will pretty much take it in its stride.

The general mood is buoyant. So, while IT may not be leading the pack, it is not likely to underperform too. Most of these companies have quality balance sheets.