Tata Consultancy Services (TCS), India’s largest IT firm, faced a significant market valuation loss of Rs 53,185.89 crore, bringing its total valuation down to Rs 13.7 lakh crore. This was the biggest decline among India’s top-10 most valued companies, which collectively lost Rs 1,65,784.9 crore last week.
The decline came amid a bearish trend in equities, impacting major firms like Bharti Airtel, which lost Rs 44,407.77 crore, and Infosys, which saw a decline of Rs 17,086.61 crore. Despite the drop, TCS remains India’s second most valued firm after Reliance Industries.
TCS also recently announced new salary hike policies, with annual increments set to be presented in March 2025 and payments beginning in April. The stock price of TCS fell by 2.82% between February 17-21, 2025, closing at Rs 3,789.90.
TCS, TCS Share, TCS Share Price, TCS Share Price Target, TCS Market Cap, TCS buy or sell, India biggest IT firm, India biggest IT company, Tata Consultancy Services, Tata Group, stock market, market valuation, market cap loss, bearish trend, BSE, Nifty, Bharti Airtel, Infosys, Reliance Industries, HDFC Bank, ICICI Bank, SBI, Hindustan Unilever, Bajaj Finance, ITC, salary hike, equity market, share price, financial news
#TCS #tcsshareprice #tcssharetarget #tcsshare #tcsemployees #tcsshareanalysis #StockMarket #TataGroup #MarketCrash #Nifty #BSE #Infosys #BhartiAirtel #RelianceIndustries #SalaryHike #EquityMarket #Investing #MarketUpdate #FinancialNews
Информация по комментариям в разработке