TCS share are up by 0.42%, Nifty down by -0.05%

TCS Share Price Today on : At 01 Oct 16:01 today, TCS shares are trading at price ₹4286.3, 0.42% up from the previous closing price. Sensex is trading at ₹84266.29, down by -0.04%. The stock has hit a high of ₹4295.2 and a low of ₹4243.1 during the day.

On the technical front, the stock is trading above the 5,100,300 days SMA & lower than the 10,20,50 day SMA. The stock will have support at 5,100,300 days SMA & face resistance at 10,20,50 days SMA

The SMA values for the stock are given below :

The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹4311.42, ₹4329.98, & ₹4364.22, whereas it has key support levels at ₹4258.62, ₹4224.38, & ₹4205.82.

From a fundamental analysis perspective, the company has a ROE of 50.75% .The current P/E of the stock is at 33.11 & P/B is at 16.75.

The median 1-year forecasted upside in this share is at 2.65% with a target price of ₹4400.00.

The company has a 71.77% promoter holding, 6.13% MF holding, & 12.35% FII holding as per filings in the june quarter.

The MF holding has increased from 5.98% in march to 6.13% in the june quarter.

The FII holding has decreased from 12.70% in march to 12.35% in the june quarter.

TCS share price has gained 0.42% today to trade at ₹4286.3 in resonance with its peers. Its peers such as are also on the rise. Overall, benchmark indices Nifty & Sensex are down -0.05% & -0.04% each respectively.