TCS share price jumps 4% after Q1 results 2026: Should you buy, sell or hold the IT stock post earnings?

TCS share price jumped 4.11% to an intra-day high of Rs 2,132 on BSE after the company reported its Q1 FY27 results. Consolidated net profit rose 5% year-on-year to Rs 13,349 crore, while revenue grew 14% YoY to Rs 72,275 crore, though net profit declined 3% sequentially. The board declared an interim dividend of Rs 12 per share with a record date of July 15, 2026, and reported a strong order book of $9.5 billion including an AI-led deal with SKF. Brokerages remained divided, with Centrum retaining a Buy rating and a target of Rs 3,480, while 360 ONE maintained a Hold with a target of Rs 2,290.