neutral
Recently
TCS market value rises as earnings stability supports IT sentiment
TCS market capitalisation increased as investors backed earnings stability and defensive positioning within large-cap IT stocks.
Shares of Tata Consultancy Services remained supported as the company’s market capitalisation expanded by over Rs 35,900 crore, reflecting investor confidence in earnings resilience. The IT major reported modest profit growth for the September quarter, with margins holding steady despite global demand uncertainty. Market participants continue to view large cap IT firms as relative defensives, supported by deal pipelines, currency tailwinds, and expectations of improved discretionary tech spending in the next fiscal cycle.