At the bourses, TCS has underperformed the market by slipping nearly 6 per cent as against 2.67 per cent decline in the Nifty50 index
For the quarter under review, TCS is likely to post revenue growth of 2.8 per cent - 3 per cent in constant currency (CC) terms on quarter-on-quarter (QoQ) basis.
On a year-to-date basis, the stock has rallied around 17% and has outperformed the Nifty IT index that gained over 12% during this period