Tata Consultancy Services share price ends at ₹2,087, down 0.12% on September 24

Key Takeaways:

• Tata Consultancy Services closed almost flat at ₹2,087, down ₹2.60 or 0.12%, after trading between ₹2,067 and ₹2,097. 
• The stock remained below all three displayed moving averages, including a 200-day DMA of ₹2,515.80 that was ₹428.80 above the close. 
• Three-month performance was positive at 1.33%, while one month, six months and one year remained negative. 

Tata Consultancy Services share price closed September 24 at ₹2,087, down ₹2.60 or 0.12%. The previous close was ₹2,090. The stock opened at ₹2,076, fell to ₹2,067 and reached ₹2,097. The daily range measured ₹30. The final price was ₹20 above the low, ₹10 below the high and ₹11 above the opening price. 

Volume reached 1,868,699 shares, while market capitalisation stood at ₹755,095 crore. The small day-on-day decline contrasted with an intraday close above the opening level, as the stock recovered from its low before the session ended. 

All three moving averages stood above the closing price. The 50-day DMA was ₹2,257.70, leaving a gap of ₹170.70. The 100-day DMA stood at ₹2,321.60, or ₹234.60 above the finish. The 200-day DMA was ₹2,515.80, creating the widest difference at ₹428.80. 

The stock’s 52-week range extended from ₹1,977 to ₹3,350. At ₹2,087, TCS closed ₹110 above the annual low and ₹1,263 below the high. The full 52-week span was ₹1,373. 

Historical returns were -9.34% over one month, 1.33% over three months, -12.45% over six months and -31.85% over one year. The three-month period was the only positive reading. It stood 33.18 percentage points above the one-year figure. 

The annual low was considerably closer to the final price than any of the three moving averages, sitting ₹110 below the close versus ₹170.70 to the nearest 50-day DMA. Within the session itself, TCS closed in the upper half of its ₹30 range, ₹10 below the high and ₹20 above the low, despite the small decline from the preceding session.