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Results preview | In Q2 earnings momentum is likely to continue

Fundamentals are narrowing the gap with high valuations, and September quarter results are expected to back this up

Results preview | In Q2 earnings momentum is likely to continue

The September quarter results season has started with a bang, with the top three IT companies reporting strong numbers. Though the market reacted with a kneejerk reaction to TCS’s numbers, the damage to its stock price did not last for more than a day. With the way Indian markets are moving, one gets the impression that quarterly numbers can bring in positive surprises. Most broking firms expect earnings momentum to pick up in the second quarter with a better outlook...

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