Overview

• Shares fell to an intra-day low of Rs 2,959 on BSE and closed at Rs 2,960.35 on Thursday, marking a fifth straight decline and the lowest level in three years.
• TCS’s market value stands near Rs 10.71 lakh crore versus Rs 14.81 lakh crore at 2024-end, reflecting a roughly 28% year-to-date slide and a one-year drop of about 30%.
• Investor caution reflects the planned U.S. H‑1B visa fee hike under President Trump, softer client demand, subdued quarterly results, and the disruptive effects of generative AI, with Accenture’s muted outlook adding pressure.
• Technically, the stock has broken the Rs 2,990–3,000 support, trades below major moving averages, and shows an RSI near the oversold zone, with analysts flagging downside toward Rs 2,880–2,750 unless Rs 3,000 is reclaimed.
• Broader weakness persists across Indian IT, with the Nifty IT index down about 20% and the BSE IT index lower by roughly 21% in 2025.