TCS share price closes at ₹2,190; September 17 change limited to 0.05%

Key Takeaways

• TCS gained only ₹1.20 or 0.05% at the close despite moving through a wide ₹101 range during September 17. 
• The share reached ₹2,264 intraday but finished ₹74 below that high at ₹2,190. 
• All three moving averages remained above the close, while the one-year return stood at -30.38%. 

Tata Consultancy Services share price ended September 17 at ₹2,190, up ₹1.20 or 0.05%. The near-flat closing change concealed much larger intraday movement. TCS opened at ₹2,171, reached ₹2,264 at the high and fell as low as ₹2,163. The resulting trading range measured ₹101. 

The stock closed ₹27 above the low but ₹74 below the high, giving back a significant portion of its intraday advance. Volume reached 3,508,866 shares. Market capitalisation stood at ₹7,92,361 crore. The 52-week range was considerably wider, from ₹1,977 to ₹3,350. 

At ₹2,190, TCS remained ₹213 above its 52-week low and ₹1,160 below the annual high. Its moving-average gaps were also substantial. The 50-day DMA was ₹2,287.80, or ₹97.80 above the close. The 100-day DMA stood at ₹2,342.60, while the 200-day average was ₹2,535.90. Those differences were ₹152.60 and ₹345.90. 

Return figures were negative across all displayed periods. The one-month return was -7.24%. Three-month performance was close to flat at -0.41%, followed by -9.10% over six months. The one-year figure was -30.38%. 

September 17 was therefore unusual for the difference between its intraday range and its final percentage movement. TCS travelled more than ₹100 between its displayed low and high but closed almost unchanged from the previous ₹2,189 level. It also remained well below each of the three cited moving averages. The gap to the 52-week high exceeded ₹1,100, compared with only ₹213 to the annual low. More than 3.5 million shares changed hands while the stock moved sharply intraday and then returned close to its previous closing level by the end of the session.