Q2 results on October 13
DSIJ Intelligence / 12 Oct 2016

IT biggie TCS to post its second quarter earnings along with Cyient and Cera Sanitaryware on Thursday.
IT biggie TCS to post its second quarter earnings along with Cyient and Cera Sanitaryware on Thursday.
TCS- India’s largest software company comes out with its second quarter numbers on Thursday post market hours. Earnings are widely expected to be on the lower side, as the management has already toned down expectations owing to slowing BFSI verticals and cost pressures.
Reliance Industrial Infrastructure- Mukesh Ambani owned RIIL is set to post its quarterly results on Thursday as expectations aren’t buoyed on the performance. However, management commentary would be keenly watched.
Cyient- Mid– tier IT company will present its Q2. Company is expected to post another quarter of tepid performance. Operational results will be key along with client addition and segment performance.
Gallantt Ispat- Iron and steel company is expected to come up with a strong quarterly performance as pricing improves further and anti-dumping duty levied by the government is also likely to help the numbers.
Cera Sanitaryware- Maker of bathroom products Cera is likely to post yet another round of strong quarter results boosted by both the tiles and sanitary ware segment which has shown good traction in the past months.
Shares of all the results affected stocks are likely to hog the limelight in trade when market opens for trading on Thursday, October 13, 2016.
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