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TCS sees strong post earnings traction as institutional buyers accumulate on Q2 beat
TCS gained 4 percent after Q2 earnings beat expectations as institutional flows, deal momentum and margin discipline boosted investor conviction heading into the next demand cycle.
TCS witnessed renewed accumulation momentum in the equity market following its Q2 print, where revenue growth performance, operating margin discipline and consistency of order book traction supported broad investor confidence across large cap IT. Following results, shares gained around 4 percent and market analysts highlighted that enterprise deal commentary aligned with a progressive multi quarter transformation cycle already visible across global clients. Brokerage commentary continues signaling improved visibility of fresher tech spend pockets emerging in US enterprise digitisation and cloud linked pipeline conversions, positioning the stock better for sector relative returns ahead.