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Tata Consultancy Services Ltd

(TCS)

₹4170.32.38%

as on 04:01PM, 20 Dec 2024

🔔 Stake Sale Alert

TCS sells 30% stake in South African arm for ₹28.29 crore to comply with South Africa's B-BBEE Act.

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 of5.74%

High

₹5710

Target

₹4517.14

Low

₹3050

Tata Consultancy Services Ltd target price ₹4517.14, a slight upside of 5.74% compared to current price of ₹4170.3. According to 44 analysts rating.

Source: S&P Global Market Intelligence

Tata Consultancy Services Ltd Performance

  • Day's Low

    Day's High

    ₹4,152.5
    Day's Price Range
    ₹4,382
  • 52 Week's Low

    52 Week's High

    ₹3,591.5
    52-Week Price Range
    ₹4,592.25
1 Month Return+ 4.89 %
3 Month Return-0.3 %
1 Year Return+ 13.01 %
Previous Close₹4,271.90
Open₹4,329.00
Volume41.17L
Upper Circuit-
Lower Circuit-
Market Cap₹15,73,090.18Cr

Tata Consultancy Services Ltd Key Statistics

P/E Ratio32.64
PEG Ratio3.7
Market Cap₹15,73,090.18 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₹15,73,090.18 Cr18.44%0.54₹46,099 Cr₹2,40,893 Cr
HOLD₹1,94,775.53 Cr52.62%0.54₹4,584 Cr₹35,517 Cr
HOLD₹3,27,189.89 Cr29.68%0.57₹11,112 Cr₹89,760 Cr
HOLD₹5,31,973.34 Cr47.88%0.53₹15,710 Cr₹1,09,913 Cr
HOLD₹1,74,100.57 Cr24.79%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: ₹4170.30 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹15,73,090.18Cr 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

Key events for Tata Consultancy Services Ltd

  • 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.
  • TCS Reports Growth and New Insurance Launch - 30 Nov, 2024

    Tata Consultancy Services reported a revenue increase of 6.84% and net profit growth of 8.97% in FY24. Additionally, TCS launched over 100 products for a major insurance client on its BaNCS platform, while Bajaj Holdings invested ₹8.52 crore in TCS shares.
  • TCS Recognized as Best Employer Amid Stock Recovery - 29 Nov, 2024

    Tata Consultancy Services (TCS) has been recognized as the Best Employer Brand at the LinkedIn Talent Awards 2024. The company also saw a stock recovery after declines, with Bernstein predicting a 10% increase due to high US revenue exposure. Additionally, TCS leads a 7% rise in the IT sector benchmark for November, despite a reported increase in employee costs.
  • TCS Market Cap Drops Amid New Research Center Launch - 28 Nov, 2024

    Tata Consultancy Services (TCS) has established a research center with IIT Kharagpur while facing a market cap decline due to share price drop amid macroeconomic pressures.
  • TCS Expands Strategy and Secures Key Contracts - 27 Nov, 2024

    Tata Consultancy Services is focusing on high-growth markets with a new vertical while extending its pension processing contract for defence personnel, achieving significant cost savings. Bernstein highlights TCS's strong performance with a 14.14% YTD return.
  • TCS Extends SPARSH Contract for Defence Pensions - 26 Nov, 2024

    Tata Consultancy Services has extended its contract for the SPARSH initiative, streamlining pension distribution for over 30 lakh defence personnel, saving the government Rs 250 crore annually. The extension allows TCS to maintain and update the system, significantly reducing pension processing times.

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

    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 22.2%

  • 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

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, HCL Technologies Ltd has given 69.0% return, outperforming this stock by 46.8%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Wipro Ltd has given 42.5% return, outperforming this stock by 28.6%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

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

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

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

  • 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

News

Palani Temple Gold Invested in State Bank of India Gold Bonds

The gold was handed over in the presence of retired Judge of Madras High Court R. Mala. Under the Gold Investment Scheme, the gold ornaments obtained as offerings from the devotees of temples and not used for the deity were converted into 24-carat gold bars and invested in State Bank of India. The interest from the investment was used for the development of the temples. The Palani temple gold handed over to SBI to be invested in gold bonds would get ₹12 crore as interest per year.20 Dec, 2024 09:14 PM

2024 Year-End Review: Legal Precedents and IBC Reforms in India

On November 7, 2024, a three-judge bench of the Supreme Court delivered a landmark judgment in State Bank of India vs Consortium of Murari Lal Jalan and Florian Fristch ordering the liquidation of Jet Airways, a once-prominent Indian airline. Emphasising the time value of money, the court exercised its plenary power under Article 142 of the Constitution to set aside the NCLATs directive to forfeit the Successful Resolution Applicants infused funds of Rs200 crore and encash the Performance Bank Guarantee of Rs150 crore. This decision shows that resolution plans are serious contractual commitments and must uphold the core objectives of the IBC.20 Dec, 2024 05:55 PM

Top 10 Companies That Paid Maximum Taxes in India for FY 2023

From Reliance Industries Limited to State Bank of India, from Tata Consultancy Services (TCS) to Infosys and others, know which Indian companies made it to the top 10 list of highest tax payers for the Financial Year 2023.20 Dec, 2024 03:10 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

S&P BSE Quality

₹1,783.85

-1.83 (-33.34%)

Nifty100 Low Volatility 30

₹19,152.95

-1.08 (-208.85%)

S&P BSE Low Volatility

₹1,752.15

-1.15 (-20.41%)

NIFTY 100

₹24,448.85

-1.75 (-436.1%)

SENSEX

₹78,041.59

-1.49 (-1176.46%)

BSE IT Sector

₹43,608.13

-2.51 (-1123.25%)

S&P BSE 250 LargeMidCap

₹10,353.28

-1.89 (-199.23%)

NIFTY IT

₹43,771.05

-2.63 (-1183.1%)

S&P BSE 100 LargeCap TMC

₹8,809.09

-1.77 (-158.49%)

Nifty100 Quality

₹5,527.35

-1.73 (-97.4%)

S&P BSE Largecap

₹9,171.23

-1.78 (-165.83%)

Nifty 500

₹22,319.40

-1.9 (-432.75%)

S&P BSE SENSEX 50

₹24,813.30

-1.55 (-390.31%)

BSE 100

₹25,006.81

-1.76 (-448.2%)

BSE 200

₹10,905.86

-1.89 (-210.17%)

Nifty 200

₹13,373.90

-1.94 (-264.25%)

Nifty Services Sector

₹31,563.85

-1.5 (-482.05%)

BSE Tech

₹19,636.93

-2.15 (-432.06%)

Nifty100 Eq Weig

₹31,223.95

-2.18 (-694.7%)

NIFTY 50

₹23,587.50

-1.52 (-364.2%)

BSE 500

₹35,082.25

-1.9 (-680.42%)

Nifty50 Value 20

₹13,485.60

-1.38 (-188.15%)

S&P BSE Dividend Stability

₹986.07

-1.98 (-19.95%)

Nifty LargeMidcap 250

₹15,666.00

-2.09 (-334.75%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

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
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
Details20202021202220232024
Return On Assets %30.6729.5131.5235.1537.55

Tata Consultancy Services Ltd Valuation

Tata Consultancy Services Ltd in the last 5 years

  • Overview

  • Trends

Lowest (18.94x)

March 19, 2020

Today (32.64x)

December 19, 2024

Industry (41.76x)

December 19, 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 1.97%.

    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.

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Tata Consultancy Services Ltd (TCS) share price today is ₹4170.3

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 ₹4382.
  • Today’s lowest price of Tata Consultancy Services Ltd is ₹4152.5.

PE Ratio of Tata Consultancy Services Ltd is 32.64

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 41.17L.

Today’s market capitalisation of Tata Consultancy Services Ltd(TCS) is ₹1573090.18Cr.

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

Tata Consultancy Services Ltd(TCS) share price is ₹4170.3. It is down -9.19% from its 52 Week High price of ₹4592.25

Tata Consultancy Services Ltd(TCS) share price is ₹4170.3. It is up 16.12% from its 52 Week Low price of ₹3591.5

Tata Consultancy Services Ltd(TCSReturns
1 Day Returns
-101.6%
1 Month Returns
4.89%
3 Month Returns
-0.3%
1 Year Returns
13.01%