TCS Share Price
₹4,166.80 -2.3 (-0.06%)
27 Dec, 2024 09:56
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TCS
Performance
- Low
- ₹4,149
- High
- ₹4,180
- 52 Week Low
- ₹3,592
- 52 Week High
- ₹4,592
- Open Price₹4,163
- Previous Close₹4,169
- Volume141,230
Investment Returns
- Over 1 Month -4.22%
- Over 3 Month -2.87%
- Over 6 Month + 8.12%
- Over 1 Year + 9.84%
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TCS Fundamentals Fundamentals refer to the financial data that companies report on a quarterly or annual basis.
- P/E Ratio
- 31.8
- PEG Ratio
- 5.1
- Market Cap Cr
- 1,507,585
- P/B Ratio
- 16.5
- Average True Range
- 90.37
- EPS
- 133.1
- Dividend Yield
- 1.8
- MACD Signal
- 28.07
- RSI
- 39.8
- MFI
- 31.13
TCS Financials
TCS Technicals
EMA & SMA
-
- Bullish Moving Average 2
-
- Bearish Moving Average 14
- 20 Day
- ₹4,281.29
- 50 Day
- ₹4,258.54
- 100 Day
- ₹4,223.49
- 200 Day
- ₹4,116.93
Resistance and Support
- R3 4,255.12
- R2 4,227.53
- R1 4,198.32
- S1 4,141.52
- S2 4,113.93
- S3 4,084.72
TCS Corporate Actions - Bonus, Splits, Dividends
TCS F&O
About TCS
TATA Consultancy Services (TCS) originated as a division of Tata Sons Limited, headquartered in Mumbai. In its early stages, the company offered punch card services to Tata Steel, which was formerly known as TISCO.
Over the past 55 years, TCS has evolved into a prominent organization providing IT services, consulting, and business solutions to some of the world's largest companies. One of its significant achievements was securing its first overseas contract from a power generation and distribution company in the Middle East. This assignment involved management consultancy services to streamline their stores and implement computerized inventory control systems.
TCS distinguishes itself with a cognitive-powered and consulting-led portfolio encompassing technology, business, and engineering solutions and services. It operates through a unique Agile delivery model, which is location independent and renowned for its software development excellence.
Being part of Tata Group, India's largest multinational business conglomerate, TCS boasts a vast global presence with operations in 55 countries, housing a talented workforce of more than 614,000 skilled consultants. The company's consolidated revenues for the financial year ended 31st March 2023 amounted to US $27.9 billion. TCS is enlisted on both the NSE and the BSE in India.
Beyond its business achievements, TCS takes a proactive approach to climate change while garnering worldwide recognition for its exceptional community work. This dedication to sustainability has earned the company a position in esteemed sustainability indices like the FTSE4Good Emerging Index and the MSCI Global Sustainability Index.
TCS offers a diverse array of products and services encompassing various domains, which include:
- Financial: This category covers accounting, banking, capital markets, and insurance-related solutions.
- Management: TCS provides HR, payroll, retail, and portfolio management services.
- Business Intelligence: Their expertise extends to enterprise resource planning, analytics, the Internet of Things (IoT), machine learning, and business automation.
- Medical: TCS caters to the medical industry with pharmaceuticals and clinical trials management offerings.
- IT: Their IT services encompass networking, managed services, development, and outsourced IT solutions through TCS Business Process Services.
History of TCS
Tata Consultancy Services (TCS) was established in 1968, marking one of India's pioneering IT companies. Its early clientele mainly comprised national banks, and its association with the financial sector from the nascent days of computer technology granted the company valuable expertise in financial services.
In 2004, TCS transformed into a publicly traded entity, and since then, it has emerged as one of India's largest and most profitable companies.
TCS operates as a subsidiary of Tata Sons, a significant Indian holding company with investments in various large Indian enterprises. These companies span diverse industries, including airlines, automotive, consumer goods, hotels, and steel manufacturing.
In 1970, TCS made an acquisition, integrating ICL 1903 into its portfolio. Following this acquisition, TCS ventured into developing software for essential processes such as financial accounting, share registry work, sales analysis, inter-bank reconciliation, provident fund accounting, etc., and managed these software solutions on behalf of its customers.
The company embarked on its inaugural international assignment in 1971, creating a computerized inventory control system and store organization for management consultancy services.
TCS – Some Important Facts
TCS has achieved the top position as the leading IT solution provider in Europe for customer satisfaction, according to the independent survey conducted by Whitelane Research. This remarkable achievement marks the 10th year TCS has consecutively secured the top spot in the survey. Out of the top twenty-three IT service providers assessed for customer satisfaction, TCS excelled by scoring 83%, surpassing the group's average of 75%.
TCS has recently revealed plans to extend its longstanding partnership with Phoenix Group, the UK's largest long-term retirement and savings provider. The primary objective of this collaboration is to transform Phoenix Group's ReAssure business digitally, utilizing the advanced TCS BaNCS™ digital platform. Additionally, TCS will take charge of administering the insurer's vast portfolio of three million policies. By consolidating on TCS' cutting-edge platform, Phoenix Group aims to achieve significant synergies and elevate its overall customer experience to new heights.
TCS- Awards Received
- TCS Receives Recognition for AI Software Enabling COVID-19 Protection for Returning Workers
- TCS Honored with 2021 CIO 100 Award for Workplace Resilience Solution Developed Amid Pandemic
- TCS Awarded for Autonomous Finance Initiative's Innovative Use of AI and Automation - Gold Category
- TCS Secures Gold for Innovative Digital Governance Application in Business Utility Apps
- TCS Received a Gold Shield Award for Excellence in Financial Reporting by the Institute of Chartered Accountants of India (ICAI) in 2012.
- NSE Symbol
- TCS
- BSE Symbol
- 532540
- Managing Director & CEO
- Mr. K Krithivasan
- ISIN
- INE467B01029
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TCS FAQs
TCS share price is ₹4,166 As on 27 December, 2024 | 09:42
The Market Cap of TCS is ₹1507584.7 Cr As on 27 December, 2024 | 09:42
The P/E ratio of TCS is 31.8 As on 27 December, 2024 | 09:42
The PB ratio of TCS is 16.5 As on 27 December, 2024 | 09:42
TCS is an abbreviation for Tata Consultancy Services. It is a multinational Indian information technology (IT) service, consulting, and business solutions firm that is a global leader in IT services, digital, and business solutions.
TCS issued its initial public offering (IPO) in July 2004 with a price range of INR 775- INR 900. TCS shares were issued at a fixed price of INR 850. TCS shares were listed on August 25, 2004, at a 26.6% premium at 1,076.
Tata Consultancy Services has an operating revenue of INR 177,998.00 Cr. on a trailing 12-month basis. Annual revenue growth of 4% is not great, Pre-tax margin of 27% is great. The company is debt-free and has a strong balance sheet enabling it to report stable earnings growth across business cycles.
TCS’ has an ROE of 37% which is exceptional.
K. Krithivasan is the CEO of TCS since 16th March 2023.
The '25/25' model proposed by TCS is expected to be implemented by 2025. Under the new model, by 2025, no more than 25% of our employees will need to work from the office at any given time, and no more than 25% of their time will be spent in the office.
You can easily buy the shares of Tata Consultancy Services through either a broker or a financial institution by opening a Demat account online.
The shares of TCS hold a face value of INR 1 each.
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