bell
The current prices are delayed by 15 mins, login to check live prices.
Tata Consultancy Services Ltd share price logo

Tata Consultancy Services Ltd

(TCS)

₹4158.80.15%

as on 04:01PM, 30 Dec 2024

🔔 R&D Alert

TCS CTO highlights challenges in AI adoption and reveals ₹2,751 crore R&D expenditure in FY24 to enhance AI solutions for enterprises.

Overview
News
Financials
Q2 2024 Results
Technicals
F&O

Tata Consultancy Services Ltd Analyst Rating

based on 44 analysts

BUY

60.47%

Buy

23.26%

Hold

16.28%

Sell

Based on 44 analysts offering long term price targets for Tata Consultancy Services Ltd. An average target of ₹4517.14

Source: S&P Global Market Intelligence

Tata Consultancy Services Ltd Share analysis

Tata Consultancy Services Ltd price forecast by 44 analysts

Upside of8.46%

High

₹5710

Target

₹4517.14

Low

₹3050

Tata Consultancy Services Ltd target price ₹4517.14, a slight upside of 8.46% compared to current price of ₹4158.8. According to 44 analysts rating.

Source: S&P Global Market Intelligence

Tata Consultancy Services Ltd Performance

  • Day's Low

    Day's High

    ₹4,112
    Day's Price Range
    ₹4,199.3
  • 52 Week's Low

    52 Week's High

    ₹3,591.5
    52-Week Price Range
    ₹4,592.25
1 Month Return-2.61 %
3 Month Return-2.43 %
1 Year Return+ 9.28 %
Previous Close₹4,164.85
Open₹4,151.00
Volume15.27L
Upper Circuit-
Lower Circuit-
Market Cap₹15,06,879.18Cr

Tata Consultancy Services Ltd Key Statistics

P/E Ratio31.83
PEG Ratio3.61
Market Cap₹15,06,879.18 Cr
P/B Ratio19.59
EPS127.35
Dividend Yield1.88
SectorIT - Software
ROE59.6

Tata Consultancy Services Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹15,06,879.18 Cr18.15%0.54₹46,099 Cr₹2,40,893 Cr
HOLD₹1,68,230.93 Cr43.95%0.54₹4,584 Cr₹35,517 Cr
HOLD₹3,23,563.06 Cr29.66%0.57₹11,112 Cr₹89,760 Cr
HOLD₹5,13,425.44 Cr46.47%0.53₹15,710 Cr₹1,09,913 Cr
HOLD₹1,67,534.09 Cr23.74%0.55₹2,396 Cr₹51,995 Cr

About Tata Consultancy Services Ltd

Tata Consultancy Services (TCS) is a global leader in IT services, consulting, and business solutions, operating primarily in the information technology sector. Incorporated in 1968 by Tata Sons, TCS is headquartered in Mumbai, Maharashtra, and is registered under the Company Identification Number (CIN) L22210MH1995PLC084781. The company provides a wide range of services, including software development, digital transformation, cloud computing, and cybersecurity, catering to various industries such as finance, healthcare, and retail.

TCS's product portfolio includes specialized offerings like TCS BaNCS, a suite of banking software solutions, TCS iON, a platform for digital learning and cloud-based assessments, and Ignio, a cognitive automation platform that leverages AI and machine learning. These products enable TCS to assist businesses in modernizing operations and enhancing customer experiences. Operating in over 46 countries, TCS serves clients worldwide, making it a key player in the global IT services market. As a subsidiary of Tata Sons, TCS has expanded its capabilities through strategic mergers and acquisitions, such as the acquisition of CMC Limited and W12 Studios.

Share Price: ₹4158.80 per share as on 30 Dec, 2024 04:01 PM
Market Capitalisation: ₹15,06,879.18Cr as of today
Revenue: ₹64,259.00Cr as on September 2024 (Q3 24)
Net Profit: ₹11,955.00Cr as on September 2024 (Q3 24)
Listing date: 25 Aug, 2004
Chairperson Name: N Chandrasekaran
OrganisationTata Consultancy Services Ltd
HeadquartersMumbai
IndustryIT - Software
E-voting on sharesClick here to vote

What's happening today

  • img

    Today's Timeline - 30 Dec

    06:00 AM

    -

    TCS CTO highlights challenges in AI adoption and R&D spending of ₹2,751 crore in FY24.

    12:15 PM

    -

    Analyst suggests buying TCS stock between ₹3,600-3,550, targeting ₹4,400 with a stop loss at ₹3,200.

Key events for Tata Consultancy Services Ltd

  • TCS Faces AI Challenges Amid Stock Recommendations - 30 Dec, 2024

    TCS's CTO discusses AI adoption challenges and consistent R&D spending. Analysts recommend buying TCS stock at ₹3,600-3,550, targeting ₹4,400.
  • TCS Faces Tax Penalty from CGST Noida - 27 Dec, 2024

    Tata Consultancy Services Limited has received a tax demand order for ₹1.37 crore from CGST Noida for the fiscal years 2017-18 to 2020-21. The company intends to appeal the order.
  • TCS Faces Cyber Threats and Market Volatility - 26 Dec, 2024

    Tata Consultancy Services addresses cyber threats from Gen AI while facing potential pressure from H-1B visa regulations and market volatility due to economic factors.
  • TCS Gains New High-Value Clients Post-Pandemic - 21 Dec, 2024

    Tata Consultancy Services (TCS) has onboarded 12 new clients, each contributing over $100 million in revenue, increasing its total to 62 such clients by the end of the 2023-24 fiscal year, up from 49 before the pandemic.
  • TCS Stake Sale and Hiring Plans Announced - 20 Dec, 2024

    TCS sold a 30% stake in South Africa for compliance, expanded its partnership with Bank of Baroda, and plans to hire 40,000 freshers in FY25. However, shares have recently declined by 3.5%.
  • TCS Involved in Healthcare Innovation Efforts - 17 Dec, 2024

    On December 17, 2024, TCS's Digital Nerve Centre was visited by ministers to discuss improvements in public healthcare in Andhra Pradesh, highlighting TCS's innovative approach.
  • Release of Visual Health Guidelines by TCS Leader - 15 Dec, 2024

    S. Ramadorai, former CEO of TATA Consultancy Services, released guidelines for visual health in the digital age, emphasizing the importance of eye care in modern technology use.
  • TCS Expands Partnerships and Reports Q2 Growth - 13 Dec, 2024

    Tata Consultancy Services extends its partnership with Telenor Denmark for IT services and collaborates with Landis+Gyr for energy efficiency solutions. TCS also reports solid Q2 growth despite missing profit estimates.
  • TCS Secures Five-Year IT Deal with Telenor Denmark - 12 Dec, 2024

    Tata Consultancy Services has secured a five-year extension with Telenor Denmark to manage its IT infrastructure, ensuring operational continuity and cost reductions. This partnership builds on six years of collaboration, leveraging TCS's Machine First Delivery Model to optimize Telenor's technological capabilities.
  • TCS Faces Mixed Ratings Amid Cybersecurity Innovations - 11 Dec, 2024

    TCS promotes GenAI technology to counter cyber threats while experiencing a shift in analyst ratings, with a reduce rating from Axis Capital suggesting caution.
  • TCS Faces Downgrade Amid Stake Acquisitions and Debt Reduction - 10 Dec, 2024

    Bajaj Holdings expanded its TCS stake, while Tata Sons took steps to reduce debt. However, HSBC downgraded TCS due to market uncertainties.
  • TCS Faces Pricing Pressure Amid AI Impact - 09 Dec, 2024

    Tata Consultancy Services (TCS) is expected to face pricing pressure in BPO and application development due to generative AI. With $11.6 billion of its revenue vulnerable, contract renewals in 2025 may occur at lower rates, impacting financial performance.
  • TCS Shows Recovery and Strong Portfolio Position - 06 Dec, 2024

    Tata Consultancy Services (TCS) has bounced back after testing the 50-EMA, with experts recommending buying on dips. The stock is also a key holding in technology-focused investment schemes.
  • TCS Center Approval Boosts IT Sector Optimism - 05 Dec, 2024

    Tata Consultancy Services received approval for an operational center in Visakhapatnam, expected to create 2,000 jobs. The IT sector anticipates a new policy announcement by December 10.
  • TCS Enhances Digital Banking for Bank of Bhutan - 04 Dec, 2024

    Tata Consultancy Services has partnered with the Bank of Bhutan to implement the TCS BaNCS Global Banking Platform, enhancing digital capabilities and operational efficiencies. Despite achieving 6% growth, TCS faces challenges in healthcare and technology sectors due to client cost-saving measures.
  • TCS Partners with Bank of Bhutan for Digital Upgrade - 03 Dec, 2024

    Tata Consultancy Services has secured a strategic partnership with the Bank of Bhutan to modernize its digital banking infrastructure using the TCS BaNCS Global Banking Platform, enhancing customer service and operational efficiency.
  • TCS Reports Growth Amid Sector Challenges - 02 Dec, 2024

    Tata Consultancy Services achieved a 6% year-on-year growth in revenue and profit. However, the company faces challenges in sectors like life sciences and healthcare due to clients' focus on cost-efficiency.
  • N Chandrasekaran Discusses AI's Impact on Jobs - 01 Dec, 2024

    At the TCS annual general meeting, N Chandrasekaran acknowledged that AI and GenAI will lead to job losses in some areas while creating new jobs in data management. He emphasized the need for reskilling to adapt to these changes.

Insights on Tata Consultancy Services Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 5 quarters, 60.69K Cr → 64.98K Cr (in ₹), with an average increase of 1.7% per quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 12.36% to 12.66% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 years, TCS stock has moved up by 11.6%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 71.77% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, HCL Technologies Ltd has given 43.7% return, outperforming this stock by 32.1%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Wipro Ltd has given 29.6% return, outperforming this stock by 20.3%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 3 quarters, 12.43K Cr → 11.90K Cr (in ₹), with an average decrease of 2.1% per quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 4.82% to 4.66% in Sep 2024 quarter

News

Stocks to Buy for Long Term: TCS, Infosys, Reliance, HDFC Bank

Buying range: ₹ 3,600-3,550 | Target price: ₹ 4,400 | Stop loss: ₹ 3,200 The stock appears to be forming a head and shoulders pattern at the current juncture, though the neckline is yet to be breached. Declining volumes at the top suggest a loss of momentum, while the weekly RSI exhibits bearish divergence, signalling potential weakness. Additionally, TCS has recently completed its 5-wave Elliott Wave structure, with waves A and B already in place. The pending C wave is projected to target the ₹3,600 level, which aligns with a 50 per cent retracement of the entire 5-wave structure. This creates a potential accumulation zone between ₹3,600-3,550 for long-term investors, with an upside target of ₹4,400. To manage risk, a stop loss below ₹3,200 on a daily closing basis is recommended, said Patel.30 Dec, 2024 12:15 PM

TCS CTO Discusses AI Adoption Challenges and R&D Strategy

Building the right organizational strategy by getting all teams together and modifying the role of human employees is the biggest roadblock to adoption of artificial intelligence by businesses, Harrick Vin, global chief technology officer at Tata Consultancy Services (TCS), said in an exclusive interview with Mint. In FY24, TCS spent ₹2,751 crore on its R&D initiatives—about 1.2% of its ₹2.41 trillion annual net revenue. We've stayed around the 1.2% figure for a while, keeping our research expenditure consistent. TCS is using its R&D expenditure to develop solutions that make AI more palatable to enterprises. While TCS disclosed 600 active generative AI projects in its September-quarter earnings press conference, a quarterly revenue figure wasn't shared.30 Dec, 2024 06:00 AM

2024 Outlook for Indian IT Services: Growth and Challenges Ahead

TCS, Infosys, HCLTech and Wipro saw their order books, or total contract value, decline in the first half of 2024-25 (April-September) compared to the corresponding year-earlier period, marked by the absence of mega deals that are worth more than $1 billion.29 Dec, 2024 06:36 PM
View More

Tata Consultancy Services Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹59,692.00Cr (-)₹60,583.00Cr (↑1.49%)₹61,237.00Cr (↑1.08%)₹62,613.00Cr (↑2.25%)₹64,259.00Cr (↑2.63%)
Net Income₹11,380.00Cr (-)₹11,097.00Cr (↓2.49%)₹12,502.00Cr (↑12.66%)₹12,105.00Cr (↓3.18%)₹11,955.00Cr (↓1.24%)
Net Profit Margin19.06% (-)18.32% (↓3.88%)20.42% (↑11.46%)19.33% (↓5.34%)18.60% (↓3.78%)
Value in ₹ crore
Details2021202220232024
Total Assets₹1,09,889.00Cr (-)₹1,21,583.00Cr (↑10.64%)₹1,19,910.00Cr (↓1.38%)₹1,22,260.00Cr (↑1.96%)
Total Liabilities₹35,095.00Cr (-)₹44,410.00Cr (↑26.54%)₹45,372.00Cr (↑2.17%)₹50,140.00Cr (↑10.51%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹26,603.00Cr (-)₹33,822.00Cr (↑27.14%)₹36,127.00Cr (↑6.82%)₹37,029.00Cr (↑2.50%)₹39,142.00Cr (↑5.71%)

Index Inclusions

SENSEX

₹78,248.13

-0.57 (-450.94%)

NIFTY 50

₹23,644.90

-0.71 (-168.5%)

S&P BSE 100 LargeCap TMC

₹8,833.92

-0.47 (-41.74%)

BSE Tech

₹19,679.29

0.22 (43.93%)

Nifty100 Eq Weig

₹31,313.90

-0.36 (-112.15%)

Nifty 500

₹22,357.15

-0.39 (-88.05%)

NIFTY IT

₹43,971.45

0 (0.05%)

S&P BSE Low Volatility

₹1,755.76

-0.23 (-4%)

BSE IT Sector

₹43,751.25

0.32 (141.61%)

NIFTY 100

₹24,500.75

-0.53 (-131.25%)

S&P BSE Largecap

₹9,198.26

-0.45 (-41.13%)

BSE 100

₹25,091.51

-0.4 (-101.67%)

S&P BSE Quality

₹1,797.95

0.12 (2.13%)

Nifty 200

₹13,408.85

-0.38 (-50.9%)

Nifty50 Value 20

₹13,457.90

-0.61 (-82.75%)

S&P BSE 250 LargeMidCap

₹10,386.97

-0.32 (-33.19%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

S&P BSE SENSEX 50

₹24,875.01

-0.62 (-153.93%)

Nifty100 Quality

₹5,528.25

-0.22 (-12.3%)

Nifty Services Sector

₹31,583.45

-0.47 (-148.15%)

Nifty100 Low Volatility 30

₹19,187.20

-0.06 (-12.35%)

S&P BSE Dividend Stability

₹984.64

-0.27 (-2.71%)

Nifty LargeMidcap 250

₹15,704.55

-0.17 (-26.75%)

BSE 200

₹10,938.83

-0.34 (-37.36%)

BSE 500

₹35,178.37

-0.32 (-113.05%)

Tata Consultancy Services Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
71.77%
0.00
Foreign Institutions
12.66%
2.44
Mutual Funds
4.25%
-0.02
Retail Investors
4.66%
-3.21
Others
6.67%
-2.13

Tata Consultancy Services Ltd Key Indicators

Details20202021202220232024
Return On Assets %30.6729.5131.5235.1537.55
Details20202021202220232024
Book Value Per Share (₹)222.21231.36242.22246.95249.32
Details20202021202220232024
Earning Per Share (₹)86.5388.01105.05115.58127.35
Details20202021202220232024
Return On Equity %43.7342.0250.7651.859.6

Tata Consultancy Services Ltd Valuation

Tata Consultancy Services Ltd in the last 5 years

  • Overview

  • Trends

Lowest (18.94x)

March 19, 2020

Today (31.83x)

December 27, 2024

Industry (40.45x)

December 27, 2024

Highest (42.78x)

September 15, 2021

LowHigh

Tata Consultancy Services Ltd Earnings and Dividends

  • Tata Consultancy Services Ltd Earnings Results

    Tata Consultancy Services Ltd’s net profit jumped 5% since last year same period to ₹11,909Cr in the Q2 2024-2025. On a quarterly growth basis, Tata Consultancy Services Ltd has generated -1.09% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Tata Consultancy Services Ltd Dividends October,2024

    In the quarter ending September 2024, Tata Consultancy Services Ltd has declared dividend of ₹10 - translating a dividend yield of 2.02%.

    Read More about Dividends

Tata Consultancy Services Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Tata Consultancy Services Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Tata Consultancy Services Ltd

  • Get a PAN card.
  • Open a Demat account.
  • Open a Trading account.
  • Link your Demat account to your Trading account.
  • Fund your Trading account.
  • Place an order to buy Tata Consultancy Services Ltd shares.

Tata Consultancy Services Ltd (TCS) share price today is ₹4158.8

Tata Consultancy Services Ltd is listed on NSE

Tata Consultancy Services Ltd is listed on BSE

  • Today’s highest price of Tata Consultancy Services Ltd is ₹4199.3.
  • Today’s lowest price of Tata Consultancy Services Ltd is ₹4112.

PE Ratio of Tata Consultancy Services Ltd is 31.83

PE ratio = Tata Consultancy Services Ltd Market price per share / Tata Consultancy Services Ltd Earnings per share

Today’s traded volume of Tata Consultancy Services Ltd(TCS) is 15.27L.

Today’s market capitalisation of Tata Consultancy Services Ltd(TCS) is ₹1506879.18Cr.

Tata Consultancy Services Ltd(TCSPrice
52 Week High
₹4592.25
52 Week Low
₹3591.5

Tata Consultancy Services Ltd(TCS) share price is ₹4158.8. It is down -9.44% from its 52 Week High price of ₹4592.25

Tata Consultancy Services Ltd(TCS) share price is ₹4158.8. It is up 15.80% from its 52 Week Low price of ₹3591.5

Tata Consultancy Services Ltd(TCSReturns
1 Day Returns
-6.05%
1 Month Returns
-2.61%
3 Month Returns
-2.43%
1 Year Returns
9.28%