India’s second largest IT firm, Infosys led the media share of voice (both web and social) among the top 5 software companies during the fourth quarter earnings season. It was followed by Tata Consultancy Services (TCS), the largest software company in India.
[Image 1: Share of Voice (as on Apr. 26, 2018)]
Though Infosys topped the media share of voice, TCS has performed better on the tonality of news coverage.
TCS received extremely positive media coverage after India’s largest IT firm reported better-than-expected quarterly earnings. Meanwhile, positive earnings coverage has lifted TCS’s news sentiment 100-day moving average (DMA) to the highest level in the past 9-months.
On the other hand, underlying news sentiment for India’s second largest software company was mostly negative due to lukewarm Q4 earnings and disappointing guidance for FY19. As a result, Infosys witnessed a drop in news sentiment 100-DMA after disclosing quarterly results.
[Image 2: Compare screen – News sentiment 100-DMA chart]
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