Today, on 4th April 2025, Tata Consultancy Services or TCS Share Price suffered a 3.5% fall in its share prices. The stock drop is an indirect impact of the US introducing 27% tariffs on imports.
The US has declared a 10% base tariff on imports from all countries and an additional 27% on imports from a few Indian sectors. These sectors include gems, processed foods, chemicals and electronics. Although the IT sector isn’t on the list, it will have an indirect impact due to its clientele base. Most IT companies in India cater to the US, and the imminent changes in client expenditure will also impact IT firms.
Today, TCS’s shares opened to the market at Rs. 3,362.60, a considerable down from the closing last ending, Rs. 3,403.15. Currently, the share prices are down by 2.42%. TCS’s shares recorded a day low of 3307.75, almost 3% down from yesterday’s close.
TCS Share Price in Today’s Market
At 11:15 a.m., TCS’s share price stood at Rs. 3,315.50, nearly 2.56% lower than its previous close. According to the reports and estimates on Money Control, the current market capitalization shows 1,199,649 cores; the UC Limit is 3,743.45, and the LC Limit is 3,062.85. Today, its sector PE stands at 30.13.
Company Financials
On 9th January 2025, TCS released its third-quarter financial results. With a net profit of ₹12,380 crore, the company reported an 11.9% gain over the ₹11,058 crore it made in the same quarter last year. According to the figures, their revenue increased by 5.6% over this time.
For the fifth consecutive quarter, the North American market’s poor performance was the main reason why the revenue fell short of analysts’ estimates despite these advances. TCS announced it would release its earnings report for the quarter ending on 31st March 2025 on 10th April.
Recent News About TCS
- On 1st April 2025, TCS was recognised as a Leader in two IDC MarketScape reports.
- Discrete Manufacturing Product Lifecycle Management (PLM) Strategic Consulting Services and Systems Integration: This accolade demonstrates TCS’s proficiency in assisting producers in streamlining their product strategies and shortening time to market.
- Aftermarket Systems Integrators/BPO and Strategic Consulting for Service Life-Cycle Management (SLM): This recognition highlights TCS’s history of assisting the aftermarket industry with end-to-end strategy transformation.
TCS Share Price Target
According to experts’ calculations on Trendlyne, Tata Consultancy Services Ltd. has an average target of 4617.45. The consensus suspects an upside of 39.21% from the last price of 3317.
Should You Buy, Sell, Or Hold?
Experts on Trendlyne produced mixed suggestions for buying and holding TCS shares, while on MoneyControl, 40% of analysts support buying, 23% suggest holding the shares, and 7% suggest selling them. But, before investing in TCS, consider its long-term performance and consult your analyst to make the perfect move.
