TCS shares slump 9% intraday, extend 2026 losses to over 30%

The stock declined as much as 9.07% to ₹2,224.8 apiece on the National Stock Exchange (NSE). At 1:02 pm, it was down 8.51% to ₹2,238.70 apiece.

The scrip has declined 1.95% in the past week and 9.47% in a month. Year-to-date, it has slipped 30.61%.

The stock had hit its 52-week high of ₹3,538 per share on June 18, 2025, while its 52-week low of ₹2,206.40 apiece was recorded on May 14, 2026.

TCS share price stats

• The stock fell up to 9.07% intra-day on NSE majorly due to profit-booking.
• NIFTY IT index fell as much 5.83% intra-day as all components, including Infosys, Wirpo, and HCLTech, were trading in red.
• TCS is up just 0.83% (compared to intraday low of ₹2,206.40) from the 52-week low level.

On the business front, TCS on Wednesday announced the expansion of its long-standing partnership with Euroclear to modernise Sweden’s Central Securities Depository (CSD). Under the initiative, Euroclear Sweden will implement TCS BaNCS for Market Infrastructure and Quartz, TCS’ advanced digital solutions, to establish a resilient, future-ready, and scalable CSD platform.

"TCS BaNCS for Market Infrastructure will enable Euroclear to meet the evolving needs of financial market infrastructure institutions, supporting end-to-end operations across asset classes, including core registry, depository services, cross-border settlement, and asset servicing," the company said in an exchange filing.

Last week, TCS partnered with Mistral, one of world’s leading AI companies, to become the first global systems integrator partner for Mistral Forge, Mistral’s advanced system for enterprises to build frontier grade artificial intelligence (AI) models grounded in their proprietary enterprise knowledge and domain-specific data.