Ratan Tata TCS’s contribution to Tata Group’s MCAP fell to a minimum, and its share price fell to Rs…
Currently, TCS has a market capitalization of Rs 1,2 billion, contributing 45% of the total listing of Rs 2,661 crore by Tata Group.
Tata Group’s TCS is India’s largest IT company. Recently, the IT company reportedly reached a major milestone, exceeding $30 billion in annual revenue and ensuring its position as the world’s second largest IT service brand. In addition, this is the second Indian company to obtain a market capitalization (MCAP) of Rs 1.5 lakh after Mukesh Ambani’s Reliance Industries. However, according to the MoneyControl report, TCS accounts for 44.8% of the combined market capitalization (MCAP) of TATA Group listed entities, the lowest level since March 2009. It shows a peak slide of 74.4% in March 2020.
TATA Group IT company TCS made its debut in the stock market in August 2004 with a market value of Rs 472,32 crore, accounting for 49% of the group’s total at that time. Currently, TCS has a market capitalization of Rs 1,2 billion, contributing 45% of the total listing of Rs 2,661 crore by Tata Group. TCS shares closed at Rs 3,312.50 on Tuesday.
The report added that Tata Group of Companies’ annual MCAP figures showed that 18 out of 24 were red, with TC being the largest contributor, down 19.48% with a net value of nearly Rs 2.89 crore. As far as its share price is concerned, TCS has been observing a downward trend since December 2024, down 25.62% from Rs 4,473.90 to Rs 3,327.70 in the current situation. Its fall at the beginning of the year was 17.46%.
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