Mumbai/IBNS, April 9 -- Shares of Tata Consultancy Services Ltd. rose over 1% on Thursday, recovering from the day's low ahead of its March quarter earnings announcement, according to media reports.

The company is scheduled to release its Q4 results after market hours.

Constant currency growth is estimated at around 1%, with projections ranging between 0.6% and 1.4% sequentially, the report said.

Among other expectations, EBIT margins may expand by 20 basis points, while net profit is likely to jump 29% quarter-on-quarter to Rs.13,727.6 crore.

Published by HT Digital Content Services with permission from India Blooms....