TCS share price today on November 25, 2024: TCS share price is up 1.18%, Nifty price is up 1.72%

TCS share price today on November 25, 2024: Today on November 25 at 11:00 am, TCS shares are trading at the price ₹4295.95, 1.18% higher than the previous close. Sensex is traded at ₹80335.21, up 1.54%. The stock has reached a high of ₹4309.25 and a low of ₹4253.9 during the day.

Technically, the stock is trading above the short-term simple moving averages of 5, 10, 20 days as well as the longer-term moving averages of 50, 100 and 300 days.

The SMA values ​​for the stock are provided below:

The classic pivot level analysis shows that the stock faces important resistance on the daily time frame ₹4312.63, ₹4384.27, & ₹4513.58 while it has important support levels at ₹4111.68, ₹3982.37, & ₹3910.73.

Till 11 am today, the volume traded on NSE and BSE for TCS was -55.96% lower than the previous trading session. In addition to the price, the traded volume is an important indicator for examining trends. A positive price movement on higher volume indicates a sustained upward movement, and a negative price movement on higher volume could be an indication of a further price decline.

Overall, the stock is currently experiencing a strong uptrend, according to Mint’s technical analysis.

From a fundamental analysis perspective, the company has an ROE of 50.75% and an ROA of 31.78%, respectively. The stock’s current P/E ratio is 32.44 and the P/E ratio is 15.13.

The forecast 1-year median upside potential for this stock is 5.82% with a price target of ₹4546.00.

The company has a promoter holding of 0.00%, MF holding of 4.25% and FII holding of 12.66%, as per filings in the September quarter.

The FII shareholding increased from 12.35% in June to 12.66% in the September quarter.

TCS share price is up 1.18% today and is trading at ₹4295.95 while his peers are mixed. Its competitors like Infosys and HCL Technologies are falling today, but its rivals LTI Mindtree and Tech Mahindra are on the rise. Overall, benchmark indices Nifty and Sensex rose 1.72% and 1.54%, respectively.