Systematix Institutional Equities has named TCS as their top stock pick in the IT sector ahead of Q1 results due to consistent execution and favorable risk-reward.
Large-cap IT companies are expected to have USD revenue growth ranging from -1.4% to +2.5% QoQ for Q1 FY26, with Infosys projected to lead in deal ramp-ups.
Margin gains for these companies may be limited because of low utilization and lack of operating leverage.