scorecardresearchTCS Q1 Results: Analysts expect mixed numbers; impact of macro headwinds key

TCS Q1 Results: Analysts expect mixed numbers; impact of macro headwinds key

Updated: 07 Jul 2022, 02:33 PM IST
TL;DR.
  • Owing to a sharp rise in inflation and rate hikes, the risk of a recession has increased and most brokerage firms and analysts believe IT companies may see their demand scenario shrinking.
Brokerage firm Kotak Securities expects investors to focus on the impact of macro events on demand and the nature of programs that will stay and programs that will be shelved in case of recession. Photo: Pixabay

Brokerage firm Kotak Securities expects investors to focus on the impact of macro events on demand and the nature of programs that will stay and programs that will be shelved in case of recession. Photo: Pixabay