TCS share price falls after Q2 results. Should you buy or sell the large-cap IT stock?
TCS share price: Shares of IT major Tata Consultancy Services (TCS) fell over 1% in early trade on Friday after it reported its Q2 results. TCS shares declined as much as 1.53% to ₹3015.00 apiece on the BSE.
TCS, the largest IT services exporter in India, reported a net profit of ₹12,075 crore in Q1FY26, registering a fall of 3.8% from ₹12,760 crore in the previous quarter. The company’s revenue rose 3.7% QoQ to ₹65,799 crore, with CC revenue growth at 0.8%.
At the operational level, EBIT increased 6.8% to ₹16,565 crore, while EBIT margin improved by 70 bps to 25.2%, QoQ.
TCS board of directors declared a dividend of ₹11 per share.
The IT major also…
