TCS Share Price History from 2004 to 2023

In this article, you will find the details of TCS Share Price History. Additionally, we will provide important fundamental details about TCS Shares.

TCS Share Price History

Starting in 2004, Tata Consultancy Services (TCS), one of India’s premier IT services companies, entered the market at ₹328.75. The initial years showed promise, with the stock price rising steadily. By 2006, the stock reached ₹599.94, a commendable 43.1% growth from the previous year.

However, the global economic downturn in 2007 and 2008 affected businesses worldwide, and TCS was no exception. Its stock dropped dramatically in 2008, plummeting to ₹117.69, marking a staggering 78% drop.

But, as with many great enterprises, adversity was followed by resurgence. By 2009, TCS showcased its robust business model and resilient strategies by skyrocketing its stock price to ₹369.12, a phenomenal growth of 213.6%.

As the years rolled on, TCS’s trajectory mostly showed an upward trend, highlighting the company’s ability to navigate market dynamics and leverage opportunities. The period between 2012 and 2015 saw moderate fluctuations.

Still, by 2017, TCS regained momentum, reaching ₹1323.80, and in 2018, it saw an impressive 40.2% growth, solidifying its position at ₹1856.53. While 2021 and 2022 presented a mix of highs and mild setbacks, with the stock going up to ₹3736.85 and then dipping by 12.8%, TCS persisted.

As of 2023, the stock price stands at ₹3407.00, a testament to the company’s consistent performance, enduring brand value, and commitment to delivering quality services in the ever-evolving IT landscape.

Also Read: SBI Share Price History from 1995

About TCS

Tata Consultancy Services, commonly known as TCS, is one of India’s leading IT services and consulting companies. Established as a part of the Tata Group, one of India’s most prominent business conglomerates, TCS began its journey in 1968. Since then, it has grown exponentially, not only serving Indian clients but also marking a significant presence on the global stage.

TCS provides various IT services, solutions, and consultancy to businesses in various sectors, helping them navigate the digital world, streamline operations, and enhance their overall performance.

Over the years, TCS has earned a reputation for delivering top-notch services innovation, and maintaining a customer-centric approach. Their expertise spans various domains, from software development and system integration to business process outsourcing and digital transformation solutions. What sets TCS apart is its commitment to excellence, continuous investment in research and development, and the ability to offer end-to-end solutions tailored to client needs. With a diverse workforce and operations in multiple countries, TCS is a testament to India’s prowess in the IT sector and its potential to drive global digital transformations.

Fundamentals of TCS

Here are some primary fundamental data about TCS(until 2023):

Market Capitalization: Touting an immense market capitalization of ₹ 12,39,943 Cr., the company stands as a titan in its industry. This value represents the total worth of all its outstanding shares in the market.

Current Stock Price: Each company share is trading at ₹ 3,389. This figure is determined by multiple factors, including the company’s earnings, growth potential, and overall market sentiment.

52 Week High/Low: Over the last year, the company’s stock price reached its zenith at ₹ 3,680 and hit a trough at ₹ 3,070. This data provides insights into the stock’s volatility and the confidence level of its investors.

Stock P/E (Price-to-Earnings Ratio): a P/E ratio of 27.8 indicates the relationship between the stock’s price and earnings. In simpler terms, investors are willing to pay ₹ 27.8 for every ₹ 1 of the company’s earnings.

Book Value: The company’s book value is ₹ 275 per share. When contrasted with the current stock price, it results in a Price-to-Book value of 12.3, suggesting that the stock is valued at over twelve times its book value.

Dividend Yield: Offering a dividend yield of 1.40%, the company gives its shareholders a return of ₹ 1.40 for every ₹ 100 invested, based on the current stock price.

ROCE (Return on Capital Employed): With a stellar ROCE of 58.7%, the company effectively showcases its efficiency in using its capital to generate profits.

ROE (Return on Equity): The company’s ROE stands at an impressive 46.9%, indicating the amount of net income the company generates as a percentage of shareholders’ equity.

Face Value: Each company share has a nominal or face value of ₹ 1.00.

EPS (Earnings Per Share): The company boasts an EPS of ₹ 122, a key indicator of its profitability on a per-share basis.

Debt: While the company holds a debt of ₹ 7,764 Cr., its relatively low Debt-to-Equity ratio of 0.08 suggests a conservative approach to leveraging, with more reliance on equity than debt for its operations.

Promoter Holding: A significant 72.3% of the company’s stock is held by its promoters, emphasising their confidence and vested interest in its future.

(Disclaimer: The information is presented ‘as is’ and is intended solely for educational and informational purposes, not for trading decisions or professional advice. We strongly advise conducting your own thorough research before making any investment.)

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