Tata Consultancy Services (TCS) stands tall as a global leader in the information technology (IT) services industry. Established in 1968, TCS has etched its name in the annals of India’s corporate history. In this comprehensive exploration, we delve into TCS’s stock performance, financial metrics, and recent developments that have shaped its trajectory.
Stock Performance
As of October 16, 2023, TCS’s stock is trading at ₹3538.00 INR, experiencing a modest decline of 0.92% for the day. Let’s dissect the key highlights:
52-Week Range: Over the past year, TCS’s stock price has oscillated between ₹3052.35 and ₹3679.00—a testament to its resilience in a dynamic market.
Market Capitalization: TCS boasts an awe-inspiring market cap of approximately ₹13.06 trillion INR, underscoring its prominence on the global stage.
Dividend Yield: Investors can expect a dividend yield of 1.4%, making TCS an attractive proposition for those seeking steady returns.
Trading Details
Peering into the trading specifics reveals intriguing insights:
- Volume: A staggering 1,670,471 shares changed hands, reflecting robust investor interest.
- Day Range: The stock price meandered between ₹3,525.00 and ₹3,577.00—a dance of supply and demand.
- Top Buy/Sell Orders:
- Buy: Enthusiastic buyers placed orders for 13 shares at ₹3559.05 and 9 shares at ₹3559.00.
- Sell: Sellers sought to offload 4 shares at ₹3562.10 and a substantial 173 shares at ₹3562.15.
Financial Metrics
Peek behind the balance sheets to uncover TCS’s financial health:
- Earnings per Share (TTM): At ₹122.04, TCS has witnessed an impressive 12.78% year-on-year growth—a testament to its operational prowess.
- Price-to-Earnings Ratio (TTM): With a low PE ratio of 29.26, TCS remains an enticing investment proposition.
- Book Value Per Share: Each share embodies a book value of ₹247.12—an indicator of intrinsic worth.
Conclusion
Tata Consultancy Services continues to wield its influence in the IT sector with finesse. As investors keep a watchful eye on its performance, TCS remains an integral part of India’s economic fabric—a company that not only adapts but also shapes the digital future.
Remember that stock prices are mercurial; real-time data is your compass in this ever-evolving landscape. Whether you’re an astute investor or simply intrigued by technology giants, TCS beckons—a beacon of innovation and resilience.
This post TCS Share Price Hits Record High: Investors Rejoice! was originally published at Finance Crave
Comments
Post a Comment