Stock of Interest

Posted On: September 20, 2023

Stock Report: TCS(NSE) 18 Sep 2023

Tata Consultancy Services is a leading global IT services provider, with nearly 450,000 employees. Based in Mumbai, the India IT services firm leverages its offshore outsourcing model to derive half of its revenue from North America. The company offers traditional IT services offerings: consulting, managed services, and cloud infrastructure services as well as business process outsourcing as a service, or BPaaS. 

#xCalData predicts that TCS will continue its bullish phase over the next five days and trend within the range of 3548 to 3761.   

In comparison to the previous month, the price of the stock has experienced an increase of 4.96% indicating a bullish. 

The Stock has doubled once since 07 Dec 2015 and took an average of 4.8 years to double.  

The stock has not shown seasonality trend in the past. 

Reviewing the returns for the past 5 years for the same week, we see the stock has given negative returns in 2 years in the past. 

Majority of the technical ratios trend towards Bullish side of the spectrum. 

Collectively, xCalData suggests the stock would be in Bullish zone for next 5 days. 

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