TCS share are down by -0.27%, Nifty up by 1.48%

TCS Share Price Today on : At 20 Sep 16:00 today, TCS shares are trading at price ₹4285.3, -0.27% down from the previous closing price. Sensex is trading at ₹84544.31, up by 1.63%. The stock has hit a high of ₹4331.2 and a low of ₹4226.6 during the day.

On the technical front, the stock is trading above the 100,300 days SMA & lower than the 5,10,20,50 day SMA. The stock will have support at 100,300 days SMA & face resistance at 5,10,20,50 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 ₹4339.97, ₹4386.93, & ₹4443.17, whereas it has key support levels at ₹4236.77, ₹4180.53, & ₹4133.57.

Till 4 PM today, the volume traded on NSE & BSE for TCS was 77.94% higher than the previous trading session. Volume traded is an important indicator along with price to study trends. Positive price movement with higher volume suggests a sustainable upmove, and negative price movement with higher volume might be an indication of further decline in prices.

Overall, as per Mint technical analysis, Following a strong uptrend, the stock is indicating signs of a reversal..

From a fundamental analysis perspective, the company has a ROE of 50.75% .The current P/E of the stock is at 33.32 & P/B is at 16.86.

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 down -0.27% today to trade at ₹4285.3 while its peers are mixed. Its peers such as LTI Mindtree are falling today, but its peers Infosys, HCL Technologies, Tech Mahindra are on the rise. Overall, benchmark indices Nifty & Sensex are up 1.48% & 1.63% each respectively.