TCS stock rises 4.89 percent to INR 2,465.00, 26.42 percent below its high

Published on 10/16/2026 at 15:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue was USD 7.64 billion, up 2.40 percent year over year. TCS stock stood at INR 2,465.00 on October 16, 2026, up 4.89 percent versus NSE close.

Stock rises 4.89 percent on NSE

TCS stock gained 4.89 percent on October 16, 2026, as the NSE session ended.
Geojit set a INR 2,530.00 target on October 14, 2026, 2.64 percent above the latest price.
TCS stock stood at INR 2,465.00 on October 16, 2026 at 3:28 p.m. IST, up 4.89 percent versus the NSE close of INR 2,350.00.
Second-quarter revenue reached USD 7.64 billion, up 2.40 percent year over year.

TCS, INE467B01029, Illustration mit AI erstellt.

Tata Consultancy Services stock rose 4.89 percent on the NSE on October 16, 2026, reaching INR 2,465.00 from INR 2,350.00. The move was the strongest market figure in the latest session, while the stock remained 26.42 percent below its 52-week high of INR 3,350.00.

At 3:28 p.m. IST on October 16, 2026, TCS stock stood at INR 2,465.00, up 4.89 percent versus the NSE close of INR 2,350.00.

Geojit target sits above price

The latest analyst reference points higher. Moneycontrol reported that Geojit Financial Services maintained a Buy rating and set a INR 2,530.00 target on October 14, 2026. That target is 2.64 percent above the latest NSE price of INR 2,465.00, calculated in the same currency.

The target sits only 1.42 percent above the October 16 close, so the distance is narrower than the stock's move during the session. The difference leaves the analyst view as a valuation reference rather than a broad forecast.

Revenue growth remains measured

TCS reported second-quarter fiscal 2027 revenue of USD 7.64 billion, up 2.40 percent year over year and 0.20 percent quarter over quarter. The company also reported a 19.00 percent net margin and annualized artificial intelligence revenue of USD 3.10 billion in the quarter, according to TCS investor-relations materials dated October 8, 2026.

Those figures give the price move a more specific operating backdrop. Revenue growth was positive, while the quarter-over-quarter increase in US dollars was only 0.20 percent, keeping demand conversion and margin protection central to the valuation discussion.

Comparison with peers

TCS (NSE, INR): plus 4.89 percent, P/E 17.28, market capitalization INR 8.9 trillion.

Infosys (NSE, INR): plus 4.61 percent, P/E 15.69, market capitalization INR 4.7 trillion.

HCL Technologies (NSE, INR): plus 1.47 percent, P/E 20.41, market capitalization INR 3.7 trillion.

Price position and valuation

TCS traded between INR 2,375.70 and INR 2,484.70 during the October 16 session. Its 52-week range ran from INR 1,976.80 to INR 3,350.00, placing the latest price 24.71 percent above the low and 26.42 percent below the high. The stock's price-to-earnings ratio was 17.28 and its dividend yield was 0.05 percent.

What the market is pricing

The session placed TCS closer to its yearly low than its yearly high despite the 4.89 percent daily gain. The 19.00 percent net margin and the USD 3.10 billion annualized artificial intelligence revenue figure provide operating markers for the next valuation update.

Tata Consultancy Services is listed on the NSE under ticker TCS and operates in information technology services. The stock stood at INR 2,465.00 at 3:28 p.m. IST on October 16, 2026, up 4.89 percent versus the NSE close of INR 2,350.00.