TCS signals recovery in Q2 amid washed out Q1

It would be a tough call to make for investors tracking the June quarter numbers of Tata Consultancy Services (TCS). At one end, it was a quarter botched up by the widespread pandemic with a higher than expected decline in revenue and operating margin, and pressure on majority of the verticals. But at the other end, it was the hope and optimism that the worst might be behind, bolstered by relatively strong new order bookings and the management’s