TCS shares in focus as IT major set to announce Q1 earnings today. What to expect?

TCS is set to announce Q1 FY27 earnings, with analysts expecting 13 percent year-on-year revenue growth and 4 percent YoY profit rise based on six brokerages' average estimates. Sequential growth is likely to be nearly flat, with EBIT margins expected to decline 98 basis points QoQ due to wage hikes and AI investments. The stock has fallen about 36 to 39 percent over the past year, trading at a fresh 52-week low of Rs 1,977 with a P/E of about 15x and market cap of Rs 7.45 lakh crore.