Tata Consultancy Services share price falls 2.76% to ₹2,188.80 on September 16

Key Takeaways

• Tata Consultancy Services lost ₹62.20 or 2.76% to close at ₹2,188.80 after trading across a ₹102 intraday range. 
• The closing price remained more than ₹100 below the 50-day DMA and over ₹350 below the 200-day DMA. 
• Three-month return stayed positive at 1.24%, while one month, six months and one year were all negative. 

Tata Consultancy Services share price closed September 16 at ₹2,188.80, down ₹62.20 or 2.76% from the previous close of ₹2,251. TCS opened at ₹2,270, edged up to ₹2,274 and later fell to ₹2,172. The high-low spread reached ₹102. 

The stock recovered ₹16.80 from the day's low before the close but remained ₹85.20 below the high. Compared with the opening price, TCS lost ₹81.20. Trading volume reached 2,908,216 shares, while market capitalisation stood at ₹7,91,927 crore. 

The share remained below all three moving averages. Its 50-day DMA stood at ₹2,291.80, a ₹103 difference. The 100-day DMA was ₹2,345.70, leaving the closing price ₹156.90 lower. At ₹2,539.40, the 200-day DMA was ₹350.60 above the September 16 finish. 

Across 52 weeks, TCS had traded between ₹1,977 and ₹3,350. The ₹2,188.80 close was ₹211.80 above the annual low and ₹1,161.20 below the high. The latest day's low remained ₹195 above the lower endpoint, whereas the session high was still more than ₹1,000 beneath the annual peak. 

Returns were negative in three of the four displayed periods. One month stood at -7.29%. The three-month figure was positive at 1.24%. Six months came in at -9.20%, while one year was -29.66%. The difference between three months and one year reached 30.90 percentage points. 

September 16 was a sizeable down session by comparison, with a 2.76% decline and a ₹102 intraday range. The closing price remained in the lower portion of that range and below every displayed DMA. TCS was also much closer to its annual low than its high, while the positive three-month return remained an exception among the longer-period figures.