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Stocks to watch out as Q1 earnings season kicks off next week
Sat, Jul 07, 2012 at 12:21
TCS EARNINGS ON JULY 12
Motilal Oswal expects TCS to continue outperforming peers in 1QFY13, with USD revenue growth of 3% QoQ to USD 2,744 m; and volume growth of 4.1% QoQ, offset by cross-currency headwinds. PAT estimate stands at Rs 32.1 bn, +9.4% QoQ. Watch out for commentary around BFSI, margin performance and hiring guidance