The largest gainers on the Sensex and Nifty during the early trade on August 20, 2024, were TCS shares. The shares began trading upward on August 20 at Rs 4,503 and reached a 52-week high of Rs 5,464.75. In comparison to the previous closing of Rs 4,489.35, there was a gain of Rs 1.67 percent.
TCS has a 52-week low of Rs 3,313. The counter was trading at Rs 4,519.70 when it was last viewed.
Target Share Price for TCS
Tata Consultancy Services (TCS) has been added by brokerage company Macquarie to its "Marquee idea list". The firm has increased the share price objective to Rs 5,740 from Rs 4,750 while keeping its "outperform" recommendation on the stock.
According to the brokerage, TCS has developed an artificial intelligence-based platform for legacy modernization.
Additionally, investors may purchase TCS Futures with objectives of Rs 4,530, Rs 4,555, and Rs 4,585, according to Zee Business Managing Editor. He recommended that investors maintain a Rs 4,440 stop loss.
(Disclaimer: Nothing in this post should be interpreted as investing advice; it is simply meant to be informative. Before deciding what to buy, readers are advised to speak with a licensed financial counselor.)