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TCS Q1 Results on July 9: AI Strategy, Dividend, Margins — Key things to watch from IT major's earnings
As TCS kicks off FY27 earnings on July 9, attention will focus on its quarterly numbers and outlook amid a changing IT landscape. Investors will assess AI strategies, deal wins, and the impact of external factors on client spending and hiring practices as industry dynamics evolve.
Tata Motors PV targets 10x volume growth by FY30; Chairman N Chandrasekaran aims for 20% market share
Tata Motors Passenger Vehicles aims for ten-fold volume growth by FY30. The company targets over 1.2 million vehicle sales and 20 percent market share. Significant investments in digital technologies and AI are planned across the value chain. Collaboration with Jaguar Land Rover leverages complementary strengths in manufacturing and technology. The company is committed to electric vehicle transition and future mobility.
TCS Q1 Preview: Can the IT bellwether earnings give hope to investors holding the battered stock?
TCS is expected to post modest Q1FY27 profit growth with flat sequential revenue as weak client spending, wage hikes and AI-driven pricing pressure weigh on performance. Investors will closely track management commentary on demand recovery, BFSI growth, deal wins, margins and AI strategy after the stock’s sharp correction this year.
Auto sector Q1 results preview: Margin pressure looms despite strong demand; Hyundai, Tata Motors PV among top picks
The automobile sector is projected to see strong revenue growth in Q1FY27, fueled by high demand across various vehicle categories. However, profitability may be constrained by rising commodity costs due to the West Asia conflict, impacting margins despite expected revenue increases.
TCS Q1 Results Preview: Here are five important factors to keep your eyes on
TCS' EBIT margins may decline sequentially by 120 basis points due to wage hikes, which could be partially offset by a weaker rupee which could provide a 40-50 basis points buffer.
Power transmission offers biggest long-term opportunity; textiles near bottom: Nepean Capital
Gautam Trivedi, Co-Founder of Nepean Capital discusses AI's impact on IT, opportunities in data centres, why textile exporters may be nearing a bottom, and shares his views on stocks including TD Power Systems, Power Grid Corporation of India, KEC International, Hitachi Energy India, Transformers and Rectifiers (India), Yash Highvoltage and Varun Beverages.
3i Infotech gains as arm bags Rs 46-cr IT consulting contract from UAE
3i Infotech rose 3.03% to Rs 18 after its subsidiary, 3i Infotech Software Solutions L.L.C., has secured an IT consulting services contract worth AED 17.65 million (about Rs 45.85 crore), from UAE-based Vedant Consultancy FZ LLC.
PC Jeweller climbed after repaying debt to two consortium banks
PC Jeweller surged 4.57% to Rs 9.84 after the company announced that it has cleared all outstanding debt under the settlement agreement dated 30 September 2024 with two of its 14 consortium banks.
Kusumgar IPO GMP In Focus As Mainboard Issue Opens For Subscription; Here's All You Need To Know
Kusumgar specialises in engineered fabrics for military and demanding environments, holding a National Award for NBC warfare clothing development.
Swiggy's foreign shareholding falls below 50%: What it means for investors
Swiggy's foreign shareholding now stands below fifty percent, meeting a key regulatory requirement. This change allows the company to pursue Indian-Owned-and-Controlled Company status under FEMA rules. However, full qualification is not expected until March 2027, after governance changes. Reducing foreign ownership further may impact index weightage for Swiggy. JM Financial maintains a 'Reduce' rating with an unchanged target price.
TCS Q1 preview: CEO Krithivasan's toughest earnings test yet
TCS reported its first revenue decline last fiscal year and three quarterly revenue contractions over the past eight quarters, amid mounting concerns over AI-led disruption and slowing client spending.
Infosys, Tech Mahindra, Mphasis Among Anand Rathi's Top Picks Amid The IT Sector's 'Double Whammy'
Despite the near-term challenges, Anand Rathi remains positive on select names and among large caps, it has identified Infosys, LTI Mindtree and Tech Mahindra as its preferred picks.