Updated
Updated · MarketWatch · May 6Tata Consultancy Services shares inch up 0.35%
10 articles · Updated · MarketWatch · May 6
- The stock closed at 2,435.35 rupees on Wednesday as the BSE Sensex rose 1.22% to 77,958.52, though TCS lagged the broader market.
- TCS remained 32.91% below its 52-week high of 3,630.00 rupees reached on May 12, while trading volume was 70,524 against a 50-day average of 264,649.
- Among peers, MphasiS gained 0.39%, while Wipro fell 0.33% and HCL Technologies dropped 0.92%, leaving TCS with a mixed showing within the IT sector.
With record deals but its first annual revenue decline, is TCS's big bet on AI a recovery plan or a costly gamble? As AI makes thousands of jobs redundant, can TCS successfully pivot its massive workforce from a liability to an innovation engine?