Tata Consultancy Will See Outsized Move on Results, Options Show

Tata Consultancy Services Ltd. shares are likely to see a large post-earnings swing amid concern that artificial intelligence will dent its growth prospects, options show.

The derivatives are implying a potential one-day move of about 3.6% following the results due Thursday — which would be the biggest in 15 months — versus an average 2.7% over the past eight quarters. The company is expected to report single-digit revenue growth for an 11th consecutive quarter as clients remain cautious, particularly in key overseas markets, based on analyst forecasts.