Tata Consultancy Services shares declined as the company prepares to announce its first-quarter results. Analysts anticipate modest profit growth and weak revenue momentum for the IT bellwether. Demand for IT services remains soft due to economic uncertainty and client spending caution. Large deal ramp-ups and AI-led spending may offer some support to growth. The company’s stock has experienced significant declines throughout the current year.
ideaForge shares jump 7% as firm swings to profit in Q2, revenue soars 124% YoY
ideaForge shares surged over 7% after the company reported a turnaround to a Q2 FY27 net profit of Rs 6.46 crore, while revenue jumped 124%