TCS shares jump over 3% after Q1 results. What are Morgan Stanley, Citi and other brokerages saying?
- Posted on July 10, 2026
- By Business News Today
- 0 Views
- 1 min read
TCS shares jump over 3% after Q1 results. What are Morgan Stanley, Citi and other brokerages saying?
TCS shares climbed 3.5% after the IT major reported a 5% year-on-year rise in Q1FY27 net profit to Rs 13,349 crore and a 14% increase in revenue. While most brokerages retained their ratings, views remained mixed on the outlook, with optimism over AI-led growth offset by concerns around weak discretionary spending, margins and global macro uncertainty.
