−38% from the high · +5.0% from the low
Long build-up into a 26-day expiry: futures OI +1.8% on a +1.2% day, the most call OI sits at 2,100, the most put OI at 2,100, max pain 2,100.
TCS futures closed at ₹2,076.40, +0.1% to spot, with 97% of open interest in the 27 Oct contract, and the 2,080 straddle prices a move of about ±7.0% by expiry.
| Expiry | Close ₹ | Basis ₹ · % | Annualised % | OI lots · on the day | Share of OI % | Contracts traded |
|---|---|---|---|---|---|---|
| 27 Oct26 days | ₹2,076.40 | +1.40+0.1% | +0.95% | 1.2 L▲ +1.9% · +2,200 lots | 97 | 17,000 |
| 23 Nov53 days | ₹2,087.50 | +12.50+0.6% | +4.2% | 4,200▲ +0.3% · +11 lots | 3.3 | 640 |
| 29 Dec89 days | ₹2,096.40 | +21.40+1.0% | +4.2% | 170▲ +31.0% · +40 lots | 0.13 | 130 |
3.5% of futures OI sits beyond the 27 Oct contract · 74 of 94 listed contracts traded · 1.1 L option contracts changed hands
The 2,080 straddle closed at ₹145.30 (call 71.05 + put 74.25), pricing a move of about ±7.0% by the 27 Oct expiry. In the last 253 windows of 19 sessions, TCS moved more than that 88 times.
After the last 8 bulletins, TCS closed higher five sessions later in 0 of 6.
| Bulletin | Day of the news | 1 session later | 5 sessions later | Futures OI on the day |
|---|---|---|---|---|
| 29 SeptNIFTY50 faces 6% slump amid global pressures | ▲ +0.9%Nifty −0.4% · +1.3 pp | ▲ +2.1%Nifty −1.3% · +3.4 pp | —not reached | ▲ +0.1%long build-up |
| 24 SeptSensex gains 284 points as crude oil prices decline | ▼ −0.2%Nifty +0.3% · −0.6 pp | ▼ −0.8%Nifty −1.2% · +0.5 pp | —not reached | ▼ −2.9%long unwinding |
| 23 SeptStock markets rebound amid easing crude oil prices | ▼ −0.1%Nifty −1.6% · +1.5 pp | ▼ −0.4%Nifty −1.3% · +0.9 pp | ▼ −0.7%Nifty −4.4% · +3.7 pp | ▼ −6.5%long unwinding |
| 23 SeptSensex drops 330 points, Nifty falls to 23,329 | ▼ −0.7%Nifty +0.5% · −1.2 pp | ▼ −0.9%Nifty −1.1% · +0.3 pp | ▼ −2.6%Nifty −3.0% · +0.5 pp | ▲ +3.5%short build-up |
| 22 SeptSensex rises over 400 points as oil prices ease | ▼ −1.1%Nifty −0.4% · −0.8 pp | ▼ −1.8%Nifty +0.1% · −2.0 pp | ▼ −4.5%Nifty −3.0% · −1.5 pp | ▼ −1.3%long unwinding |
| 21 SeptNifty outlook shows mixed signals amid geopolitical tensions | ▲ +1.1%Nifty +0.3% · +0.8 pp | 0.0%Nifty −0.1% · +0.1 pp | ▼ −1.6%Nifty −2.4% · +0.8 pp | ▼ −5.4%short covering |
| 15 SeptIT stocks lead Nifty's gap-up amid crude and Fed concerns | ▼ −2.8%Nifty +0.4% · −3.2 pp | ▼ −2.7%Nifty +0.7% · −3.4 pp | ▼ −7.2%Nifty +1.4% · −8.6 pp | ▼ −0.6%long unwinding |
| 18 AugNifty and Sensex decline amid rising crude oil prices | ▲ +0.4%Nifty −0.3% · +0.7 pp | ▲ +0.8%Nifty +0.3% · +0.5 pp | ▼ −0.4%Nifty +0.2% · −0.7 pp | ▲ +1.2%long build-up |
Revenue ₹72,275 cr, +14% on a year earlier; profit ₹13,420 cr, +4.7% in the Jun 2026 quarter, consolidated.
| Quarter | Revenue ₹ cr | Revenue YoY | Profit ₹ cr | Profit YoY | EPS ₹ | Market on the day |
|---|---|---|---|---|---|---|
| Jun 2026filed 9 Jul · audited | ₹72,275 cr | ▲ +14% | ₹13,420 cr | ▲ +4.7% | 36.90 | ▲ +0.9%Nifty +1.0% · −0.1 pp |
| Mar 2026filed 9 Apr · audited | ₹70,698 cr | ▲ +9.7% | ₹13,784 cr | ▲ +12% | 37.92 | ▼ −2.5%Nifty +1.2% · −3.7 pp |
| Dec 2025filed 12 Jan · audited | ₹67,087 cr | ▲ +4.9% | ₹10,720 cr | ▼ −14% | 29.45 | ▲ +0.9%Nifty −0.2% · +1.1 pp |
| Sept 2025filed 9 Oct · audited | ₹65,799 cr | ▲ +2.4% | ₹12,131 cr | ▲ +1.5% | 33.37 | ▼ −1.1%Nifty +0.4% · −1.5 pp |
| Jun 2025filed 10 Jul · audited | ₹63,437 cr | ▲ +1.3% | ₹12,819 cr | ▲ +5.9% | 35.27 | ▼ −3.4%Nifty −0.8% · −2.6 pp |
| Mar 2025filed 11 Apr · audited | ₹64,479 cr | ▲ +5.3% | ₹12,293 cr | ▼ −1.7% | 33.79 | ▼ −0.5%Nifty +1.9% · −2.4 pp |
| Dec 2024filed 9 Jan · audited | ₹63,973 cr | ▲ +5.6% | ₹12,444 cr | ▲ +12% | 34.21 | ▲ +5.6%Nifty −0.4% · +6.0 pp |
| Sept 2024filed 10 Oct · audited | ₹64,259 cr | ▲ +7.7% | ₹11,955 cr | ▲ +5.0% | 32.92 | ▼ −1.9%Nifty −0.1% · −1.7 pp |
| Year | Revenue ₹ cr | Revenue YoY | Profit ₹ cr | Profit YoY | EPS ₹ |
|---|---|---|---|---|---|
| FY26to Mar 2026 | ₹2,67,021 cr | ▲ +4.6% | ₹49,454 cr | ▲ +1.4% | 136.01 |
| FY25to Mar 2025 | ₹2,55,324 cr | ▲ +6.0% | ₹48,797 cr | ▲ +5.8% | 134.20 |
| FY24to Mar 2024 | ₹2,40,893 cr | — | ₹46,099 cr | — | 125.92 |
TCS trades at 15 times trailing earnings against 17 for its industry, 6.9 times book value, revenue +7.7% over twelve months, a 6.3% dividend yield, market cap ₹7,50,000 cr.
| Stock | Market cap ₹ | P/E | P/B | Close ₹ |
|---|---|---|---|---|
| TCSTata Consultancy Services Limited | 7,50,000 cron 1 Oct | 15consolidated | 6.9 | ₹2,075.00 |
| INFYInfosys Limited | 4,20,000 cron 1 Oct | 14consolidated | 4.5 | ₹1,035.00 |
| HCLTECHHCL Technologies Limited | 3,40,000 cron 1 Oct | 19consolidated | 4.5 | ₹1,243.10 |
| WIPROWipro Limited | 1,60,000 cron 1 Oct | 13consolidated | 1.8 | ₹159.35 |
| TECHMTech Mahindra Limited | 1,50,000 cron 1 Oct | 27consolidated | 5.0 | ₹1,533.00 |
| LTMLTM Limited | 1,20,000 cron 1 Oct | 23consolidated | 4.9 | ₹4,007.00 |
| PERSISTENTPersistent Systems Limited | 85,000 cron 1 Oct | 44consolidated | 11 | ₹5,367.00 |
| COFORGECoforge Limited | 81,000 cron 1 Oct | 37consolidated | 8.4 | ₹1,826.00 |
| MPHASISMphasiS Limited | 43,000 cron 1 Oct | 23consolidated | 4.0 | ₹2,250.20 |
| HEXTHexaware Technologies Limited | 30,000 cron 1 Oct | — | 4.5 | ₹490.45 |
| TATAELXSITata Elxsi Limited | 19,000 cron 1 Oct | 29standalone | 6.3 | ₹3,092.80 |
| KPITTECHKPIT Technologies Limited | 13,000 cron 1 Oct | 23consolidated | 3.8 | ₹492.00 |
| FRACTALFractal Analytics Limited | 13,000 cron 1 Oct | — | 4.0 | ₹727.35 |
| RATEGAINRategain Travel Technologies Limited | 10,000 cron 1 Oct | — | 5.0 | ₹840.65 |
| ZENSARTECHZensar Technologies Limited | 9,900 cron 1 Oct | — | 2.1 | ₹434.35 |
| INTELLECTIntellect Design Arena Limited | 8,600 cron 1 Oct | — | 2.7 | ₹610.95 |
| BSOFTBIRLASOFT LIMITED | 7,500 cron 1 Oct | — | 1.8 | ₹269.75 |
| SONATSOFTWSonata Software Limited | 7,100 cron 1 Oct | — | 3.7 | ₹254.05 |
| NEWGENNewgen Software Technologies Limited | 6,500 cron 1 Oct | — | 3.7 | ₹456.35 |
| LATENTVIEWLatent View Analytics Limited | 4,900 cron 1 Oct | — | 2.7 | ₹234.50 |
| MASTEKMastek Limited | 4,800 cron 1 Oct | — | 1.6 | ₹1,555.60 |
| HAPPSTMNDSHappiest Minds Technologies Limited | 4,600 cron 1 Oct | — | 2.8 | ₹304.70 |
| 63MOONS63 moons technologies limited | 3,700 cron 1 Oct | — | 1.0 | ₹802.25 |
| AURIONPROAurionpro Solutions Limited | 3,400 cron 1 Oct | — | 1.9 | ₹607.80 |
| SAKSOFTSaksoft Limited | 1,800 cron 1 Oct | — | 2.4 | ₹139.35 |
| SILVERTUCSilver Touch Technologies Limited | 1,800 cron 1 Oct | — | 10 | ₹138.70 |
| ACCELYAAccelya Solutions India Limited | 1,600 cron 1 Oct | — | 6.5 | ₹1,094.20 |
| NINSYSNINtec Systems Limited | 1,500 cron 1 Oct | — | 16 | ₹804.65 |
| MCLOUDMagellanic Cloud Limited | 1,400 cron 1 Oct | — | 2.1 | ₹24.25 |
| INFOBEANInfoBeans Technologies Limited | 1,400 cron 1 Oct | — | 3.4 | ₹143.60 |
| XCHANGINGXchanging Solutions Limited | 670 cron 1 Oct | — | 1.7 | ₹59.75 |
| SOFTTECHSofttech Engineers Limited | 660 cron 1 Oct | — | 3.9 | ₹474.30 |
| INNOVANAInnovana Thinklabs Limited | 600 cron 1 Oct | — | 2.1 | ₹290.20 |
| KSOLVESKsolves India Limited | 570 cron 1 Oct | — | 19 | ₹241.15 |
| CSMCSM Technologies Limited | 490 cron 1 Oct | — | 4.7 | ₹94.25 |
| MINDTECKMindteck (India) Limited | 480 cron 1 Oct | — | 1.6 | ₹150.95 |
| XTGLOBALXtglobal Infotech Limited | 380 cron 1 Oct | — | 1.8 | ₹28.70 |
| TREJHARATREJHARA SOLUTIONS LIMITED | 320 cron 1 Oct | — | 1.1 | ₹131.65 |
| DRCSYSTEMSDRC Systems India Limited | 190 cron 1 Oct | — | 1.7 | ₹13.00 |
| EMPOWEREmpower India Limited | 180 cron 1 Oct | — | — | ₹1.55 |
| TRIGYNTrigyn Technologies Limited | 160 cron 1 Oct | — | 0.20 | ₹51.80 |
| SECMARKSecMark Consultancy Limited | 140 cron 1 Oct | — | 6.1 | ₹137.50 |
| RSSOFTWARER. S. Software (India) Limited | 78 cron 1 Oct | — | 2.5 | ₹30.05 |
| CGVAKCG Vak Software & Exports Limited | 74 cron 1 Oct | — | — | ₹147.25 |
| CURAACura Technologies Limited | 72 cron 17 Sept | — | 11 | ₹72.95 |
| ORCHASPOrchasp Limited | 44 cron 1 Oct | — | 0.36 | ₹1.30 |
| QUINTEGRAQuintegra Solutions Limited | 3.6 cron 1 Oct | — | — | ₹1.35 |
| 3IINFOLTD3i Infotech Limited | — | — | — | — |
| CALSOFTCalifornia Software Company Limited | — | — | — | — |
| CTECambridge Technology Enterprises Limited | — | — | — | — |
| CYBERTECHCybertech Systems And Software Limited | — | — | — | — |
| EQUIPPPEquippp Social Impact Technologies Limited | — | — | — | — |
Promoters hold 71.8%, foreign portfolio investors 9.1%, mutual funds 5.7% and insurance companies 6.7%, as filed for the quarter to 30 Jun.
| Category | 30 Jun | 31 Mar | 31 Dec | 30 Sept | 30 Jun |
|---|---|---|---|---|---|
| Promoters | 71.770.00 pp | 71.770.00 pp | 71.770.00 pp | 71.770.00 pp | 71.77 |
| Foreign portfolio investors | 9.07▼ −0.59 pp | 9.66▼ −0.71 pp | 10.37▲ +0.04 pp | 10.33▼ −1.15 pp | 11.48 |
| Mutual funds | 5.68▼ −0.09 pp | 5.77▲ +0.25 pp | 5.52▼ −0.07 pp | 5.59▲ +0.46 pp | 5.13 |
| Insurance companies | 6.71▲ +0.02 pp | 6.69▲ +0.25 pp | 6.44▲ +0.24 pp | 6.20▲ +0.17 pp | 6.03 |
| Banks and financial institutions | 1.08▲ +0.14 pp | 0.94▲ +0.03 pp | 0.910.00 pp | 0.91▲ +0.06 pp | 0.85 |
| Individual investors | 5.19▲ +0.43 pp | 4.76▲ +0.12 pp | 4.64▼ −0.19 pp | 4.83▲ +0.42 pp | 4.41 |
| Bodies corporate | 0.23▲ +0.03 pp | 0.20▲ +0.03 pp | 0.17▼ −0.02 pp | 0.19▲ +0.01 pp | 0.18 |
| Others | 0.27▲ +0.06 pp | 0.21▲ +0.03 pp | 0.18▼ −0.01 pp | 0.19▲ +0.01 pp | 0.18 |
Nothing upcoming on record; the board meets for results on 8 Oct 2026.
| Ex-date | Action | Amount or ratio | Record date | Source |
|---|---|---|---|---|
| recent | ||||
| 15 Jul 2026 | dividend | ₹12.00 | 15 Jul 2026 | BSE |
| 25 May 2026 | dividend | ₹31.00 | 25 May 2026 | BSE |
| 16 Jan 2026 | dividend | ₹11.00 | 17 Jan 2026 | NSE |
| 15 Oct 2025 | dividend | ₹11.00 | 15 Oct 2025 | BSE |
| 16 Jul 2025 | dividend | ₹11.00 | 16 Jul 2025 | NSE |
| 4 Jun 2025 | dividend | ₹30.00 | 4 Jun 2025 | NSE |
| 17 Jan 2025 | dividend | ₹66.00 | 17 Jan 2025 | BSE |
| 18 Oct 2024 | dividend | ₹10.00 | 18 Oct 2024 | BSE |
TCS is −11.6% over 20 sessions against Nifty's −6.2%, 38% below its 52-week high, realised volatility 23% annualised.
| Window | From ₹ | TCS % | Nifty 50 % | Difference pp |
|---|---|---|---|---|
| 250 sessionssince 26 Sept | ₹2,899.26 | ▼ −28% | ▼ −9.1% | −19 |
| 120 sessionssince 9 Apr | ₹2,588.90 | ▼ −20% | ▼ −5.7% | −14 |
| 60 sessionssince 8 Jul | ₹2,057.51 | ▲ +0.85% | ▼ −6.1% | +7.0 |
| 20 sessionssince 2 Sept | ₹2,348.08 | ▼ −12% | ▼ −6.2% | −5.4 |
| 5 sessionssince 24 Sept | ₹2,086.90 | ▼ −0.57% | ▼ −2.8% | +2.2 |
| 1 sessionsince 30 Sept | ₹2,050.60 | ▲ +1.2% | ▼ −0.88% | +2.1 |
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