In addition, the current quarter is really a lot more about outlook commentary (leading indicators) rather than results (backward-looking), the analyst says.
On Wednesday, the company reported a 'mid-single-digit growth' in the Indian market in the July-September quarter.
Deal pipeline in telecommunication & enterprise segment, opportunities in 5G, are some of the key monitorables.
Above-industry loan growth, flattish net interest margin (NIM), stable asset quality, and fewer provisions are the other elements that may mark the quarter under review
Analysts at IDBI Capital forecast revenue growth of 3.9 per cent QoQ in constant currency.
Edelweiss Securities expects revenue to grow 3.9 per cent QoQ in constant currency terms and 5.4 per cent QoQ in US dollar terms.
Key focus areas include commentary on verticals such as healthcare and retail and an update from the new management on the company's growth strategy.
Nifty50 firms' combined net profit likely to jump 24%, against 50% contraction in Q1
According to analysts, the IT sector witnessed a good pick-up in demand for digital solutions resulting in improvement in the growth outlook for most of the companies.
The Sep quarter earnings season has already kicked in with commodities conglomerate Vedanta posting a 23.5 per cent drop in profit as one of the world's strictest lockdowns hit production and demand
TCS rallied 5 per cent to hit a record high of Rs 2,650 on the NSE after the company said it will consider a buyback on Wednesday, October 7.
NBCC's sales for the quarter declined 64.10 per cent to Rs 676.95 crore.
Markets have run ahead of fundamentals, but this has been a broad global trend, says Venugopal Garre
For the quarter under review, LIC Housing Finance's profit before tax (PBT) rose 21 per cent year-on-year (YoY) to Rs 1,017.67 crore.
Total revenue during the quarter came in at Rs 4,951.95 crore, down 43 per cent YoY.
It had posted a net profit of Rs 176.41 crore in the corresponding quarter of the previous fiscal.
Analysts have cut the 12-month average profit estimates for Nifty members by 20% since January on concerns about a patchy recovery and climbing virus numbers
All the 10 constituents of the Nifty Pharma index were trading in the green.
Revenue from India operations stood at Rs9,145 crore, down 42 per cent from same period last year.
The company had posted a consolidated net profit of Rs 714.03 crore during the same period a year ago, Tata Steel said in a BSE filing