Tata Consultancy Services sees -3.21% decline in stock price, underperforms IT sector

Tata Consultancy Services ., a leading IT software company, saw a decline in its stock price on November 18, 2024. The stock closed at Rs 4020.50, down by -3.21% from the previous day's closing price. This underperformance was in line with the IT - Software sector, which fell by -2.47%.

According to MarketsMOJO, a leading stock market analysis platform, the stock's current call is 'Hold'. The stock has been on a downward trend for the past three days, with a total decline of -4.24% during this period. It also traded lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the overall market performance, Tata Consultancy Services . has underperformed the Sensex by -0.61% on the day and -5.07% in the past month. However, it is important to note that this is not a recommendation to buy or sell the stock, as MarketsMOJO does not consider investor interest or expert opinions in their analysis.

Despite the recent decline in stock price, Tata Consultancy Services . remains a largecap company in the IT - Software industry. It will be interesting to see how the company's performance and stock price evolve in the coming days.