Shares of Tata Consultancy Services (TCS) gained on Thursday ahead of its second-quarter (Q2 FY26) financial results scheduled for later today. The stock opened higher at Rs 3,035 on the BSE compared to its previous close of Rs 3,026.85, before rising 0.75% to Rs 3,049.70 in early trade.
At the current price, TCS commands a market capitalization of around Rs 11 lakh crore. The rise reflects investor optimism as the IT giant kicks off India Inc.’s September quarter earnings season. Market participants are closely watching for commentary on large deal wins, client spending patterns, and management’s guidance for FY26.
Besides TCS, Tata Elxsi and GM Breweries are also set to report their quarterly results later today, marking the start of the Q2 earnings cycle. According to the BSE filing list, other companies declaring results today include Evoq Remedies, Eimco Elecon (India), Aris International, Ashiana Ispat, Avasara Finance, and Triton Corp.
The street will focus on whether TCS can maintain its growth momentum amid a cautious IT spending environment and currency headwinds, as well as its outlook on margins and hiring trends for the second half of FY26.
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