Shares of Tata Consultancy Services (TCS), a leading IT services company in India, dropped by 2.03% to ₹2,536.40 after the company announced its Q4 FY26 results. The quarter saw a 5.4% increase in revenue to ₹70,698 crore, surpassing estimates, while net profit surged by 29% to ₹13,718 crore. Despite these positive figures, the stock's reaction was muted due to mixed sentiments among analysts regarding the sustainability of growth and margins. While brokerages like CLSA, JPMorgan, Nomura, and Goldman Sachs maintained positive ratings, highlighting strong deal wins and a promising demand outlook, others like HSBC and Jefferies expressed caution. Jefferies pointed to weak trends in the banking, financial services, and insurance (BFSI) sector and potential margin pressures from AI-related investments. Over the past year, TCS shares have underperformed the Nifty 50 index, which has gained approximately 4.2%, reflecting ongoing concerns about growth visibility in the IT sector.