TCS may register 4-5% sequential growth in dollar revenue for Q1 in 2016

Tata Consultancy Services (TCS) stocks have gained over 8% in the last half year six as compared to the 5% gain in the benchmark. Over half of the stock gain happened in the past three weeks. This was in expectation of a strong quarterly performance in the June 2015 quarter.

TCS will report its quarterly numbers on July 9, 2015. It will be a crucial quarter for the company after the stunted revenue growth reported in the previous two quarters.

This time there is a reason for investors to hope for a better performance since other IT companies have usually shown greater revenue traction during the first two quarters of the fiscal the year, i.e. the June quarter and the September quarter.

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