IT sector Q2 FY27 preview: TCS, Infosys to HCL Tech, Tech M— Kotak sees muted quarter for Indian IT giants
Tata Consultancy is in focus in a quarterly results development for Q2 FY27.
· LiveMint Markets
Brokerage firm Kotak Institutional Equities believes that demand conditions have neither improved nor deteriorated since the June 2026 quarter and therefore another muted quarter for large companies is expected.
Key facts
- Period
- Q2 FY27
The analysis
Against that, the stock is -0.2% on the day at ₹2,077.00, and has returned +2.1% over three months. It sits 38% below its 52-week high, which means a good deal of bad news was already in the price. The it sector has moved +1.1% over the same period, so Tata Consultancy is running 1.0 points ahead of its peers.
With Tata Consultancy, Infosys and HCL Technologies all implicated, this reads as a IT-level move rather than a company-specific one, which is the more durable kind of signal.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Market context
- It touches several names at once (TCS, INFY, HCLTECH), which points to a sector-level rather than company-specific driver.
- Sector exposure: IT.
In this story
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