Tata Consultancy Services Stock Declines 0.8%, Underperforms Market Indices

Tata Consultancy Services (TCS), a prominent player in the Computers - Software & Consulting industry, has shown notable activity today. The stock opened at Rs 3,033 and has maintained this price throughout the trading session. However, it has experienced a decline of 0.8% over the past two days, reflecting a consecutive fall in its performance.
In terms of market metrics, TCS holds a market capitalization of Rs 11,02,431.27 crore, categorizing it as a large-cap stock. The company's price-to-earnings (P/E) ratio stands at 21.85, which is below the industry average of 27.64. The stock's dividend yield is currently high at 4.22%, indicating a strong return on investment for shareholders.

Over the past year, TCS has faced challenges, with a performance decline of 23.27%, contrasting sharply with the Sensex's gain of 6.25%. In the short term, TCS has shown mixed results, with a 0.38% increase today compared to a slight decrease in the Sensex. The stock's performance over various time frames reveals a complex picture, with a year-to-date decline of 25.63% against the Sensex's rise of 7.95%.