TCS Share Price – As of May 26, 2024,

As of May 24, 2024, TCS shares closed at ₹3,850.50, reflecting a decrease of 1.10% from the previous trading day. The stock has been fluctuating within a range of ₹3,844.30 to ₹3,883.80 on that day and has a 52-week range between ₹3,156.00 and ₹4,254.75.

TCS recently reported a year-over-year net profit increase of 9% for Q4, amounting to ₹12,434 crore. The company also saw operating margins rise by 150 basis points to 26%, with net margins increasing to 20.3%. Despite strong deal closures, analysts from IIFL Securities have pointed out that TCS is experiencing only a gradual recovery in revenue growth due to the completion of existing projects and a lack of new ramp-ups beyond large deals.

For investors, TCS offers dividends and has been maintaining a stable dividend payout, with recent dividends amounting to ₹24 and ₹9, announced in April and July 2023.

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