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03:32 PM
TCS Q2 Results Live Updates: Nomura Price Target At Rs 3,300
Revenue is expected to decline 0.5% sequentially in constant currency, mainly due to a smaller contribution from BSNL.
Developed markets are expected to see modest growth.
EBIT margin is expected to remain largely flat, partly offset by the effect of salary hikes.
Deal wins are projected between $7 billion and $9 billion, excluding mega deals.
Analysts are monitoring restructuring impact, discretionary spending, and cost takeout projects.
02:38 PM
TCS Q2 Results Live Updates: InCred Price Target At Rs 3,818
Constant-currency revenue could remain flat sequentially, supported by growth in energy, utilities, hi-tech and financial servic