532540 NEWS why is Tcs Ltd. price falling or rising

532540 NEWS reasons for why stock price of Tcs Ltd. is falling or rising

532540 Tcs is falling or rising technical reasons

Technical analysis forecast for Tcs Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Tcs 532540 at this time. Stock is falling and might fall more.

It appears as if Tcs 532540 gave a large move recently.

Stock of Tcs (532540) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

Although my analysis for Tcs is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 3827.7, for a target of 3892.6 or 3946.59

532540 Tcs is falling or rising NEWS fundamental reasons

TCS, Infosys, Wipro see exit of 64,000 employees in FY24 amid low demand India's largest IT services companies Tata Consultancy Services, Infosys and Wipro saw a staggering 64,000 employees exiting in FY24, amid a weak demand environment globally and tighter tech spends by clients. Wipro, which announced its Q4 earnings on Frid - NEWS as on 2024-04-19 business-standard.com

Infosys, not TCS, has highest weightage in IT pack. Here's the full breakup The company has a greater weightage in the Nifty IT index than TCS. Here's the breakdown - NEWS as on 2024-04-18 indiatimes.com

Reduce TCS; target of Rs 3950: Emkay Global Financial Emkay Global Financial recommended reduce rating on TCS with a target price of Rs 3950 in its research report dated April 13, 2024. - NEWS as on 2024-04-17 moneycontrol.com

TCS has one of world largest AI-ready workforce: CEO Krithivasan IT company has trained 300,000 employees in basic foundational AI skills - NEWS as on 2024-04-16 business-standard.com

TCS opens new delivery center in Londrina, Brazil Present in Londrina since 2018, TCS employs around 1,700 people in the city. The new centralized campus will bring the city workforce under one roof, creating a vibrant hub for collaboration and innovation in Londrina. The delivery center will specialize - NEWS as on 2024-04-15 business-standard.com

Aspire to further expand operating profit margin: TCS CEO Krithivasan Having exited FY24 with an operating profit within its aspirational band, the country's largest IT services company TCS will be looking at expanding further on the key metric and take it "as close to" 28 per cent as possible, a top company official has sai - NEWS as on 2024-04-15 business-standard.com

Stocks in news: TCS, Anand Rathi, Aster DM, Bharti Hexacom, Varun Beverages IT bellwether TCS reported better than expected numbers for the fourth quarter ended March as its profit rose 9% year-on-year to Rs 12,434 crore. Revenue from operations, meanwhile, jumped 3.5% year-on-year. - NEWS as on 2024-04-15 indiatimes.com

ITC, TCS among top largecap additions by mutual funds in March Among the funds shopping for ITC were ICICI Prudential MF which topped the charts with a share purchase worth Rs 4,892 crore. As for TCS, SBI MF's prominent addition in March was this IT stock where the latter bought shares worth Rs 2,205 crore - NEWS as on 2024-04-13 indiatimes.com

TCS Q4 results Highlights: Net profit beats estimates, revenue up 3.5%; CEO says quarter of strong deals and execution TCS Q4 Results Highlights: During the post-earnings presser, Krithivasan said, #39;This is a quarter of strong deals and execution for us. Continuous focus on operational excellence helped us achieve 26% operating margin#39; - NEWS as on 2024-04-12 moneycontrol.com

TCS headcount declines for first time in 19 years; hits campus route Total employee base now remains at 601,546 - NEWS as on 2024-04-12 business-standard.com

More announcements and NEWS

532540 Tcs Ltd. current price & indicator signals

Moving Averages for Tcs Ltd.

  • 5Day Average: 3901.04
  • 12Day Average: 3935
  • 20Day Average: 3928.43
  • 50Day Average: 4034.57
  • 100Day Average: 3887.36
  • 150Day Average: 3754.65
  • 200Day Average: 3665.59

532540 Indicators & signals

Indicator MACD (12,26,9)

3921.24, 3958.88, -27.96
Indicator MACD is in negative zone

Indicator ADX (14)

15.48, 18.19, 24.86
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 50
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of 532540 Tcs Ltd. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Fri Apr 2024 3827.45 3801.00 to 3851.80 -0.93% 2.25 times
18 Thu Apr 2024 3863.50 3851.00 to 3936.00 -0.23% 0.66 times
16 Tue Apr 2024 3872.30 3863.65 to 3928.10 -1.76% 1.65 times
15 Mon Apr 2024 3941.65 3920.00 to 4063.00 -1.47% 1.05 times
12 Fri Apr 2024 4000.30 3948.00 to 4013.25 0.45% 1.81 times
10 Wed Apr 2024 3982.55 3916.60 to 3989.30 0.9% 1.1 times
09 Tue Apr 2024 3947.15 3925.10 to 4015.05 -0.64% 0.82 times
08 Mon Apr 2024 3972.70 3960.10 to 4030.00 -0.17% 0.91 times
05 Fri Apr 2024 3979.55 3959.50 to 4001.90 -0.59% 0.94 times
04 Thu Apr 2024 4003.05 3936.00 to 4027.30 1.41% 0.43 times
03 Wed Apr 2024 3947.25 3855.70 to 3981.20 1.67% 0.63 times
02 Tue Apr 2024 3882.60 3875.00 to 3905.50 -0.83% 0.44 times

Videos related to: 532540 NEWS why is Tcs Ltd. price falling or rising

 Videos related to: 532540 NEWS why is Tcs Ltd. price falling or rising

Hindi Basics How To Trade In FnO Futures Options Stock Market

532540 NEWS why is Tcs Ltd. price falling or rising

 

Back to top