New Delhi, Oct. 8 -- TCS share price rose almost 3% in morning deals on the BSE on Thursday, 8 October, ahead of the IT major's September quarter (Q2FY27) results. TCS shares started the day at Rs.2,098.80 against their previous close of Rs.2,084 and climbed 2.8% to an intraday high of Rs.2,142.

According to brokerage firm Motilal Oswal Financial Services, TCS may report 0.5% quarter-on-quarter (QoQ) constant currency (CC) revenue growth, as steady execution in BFSI and 'technology and services' is likely to be offset by softness in the consumer vertical.

Motilal expects TCS's EBIT margin to expand nearly 100 bps QoQ to nearly 25%, largely due to the reversal of the annual wage hike impact. However, Motilal believes continued investment...