On March 19, 2.02 crore shares, or 0.6% of the stock, changed hands at an average price of ₹4,043 a share, causing shares of Tata Consultancy Services (TCS) to drop by more than 2%.
Most likely, the seller is Tata Sons, which has made an offer to sell 2.34 crore shares in the largest IT services company in India.
The floor price is lower than the closing price of ₹4,144.25 by 2.6%. According to data, five bunches of 2.02 crore TCS shares were traded.
TCS is the second most valuable listed corporation in India, with a market capitalization of ₹15 lakh crore. As of December 31, 2023, promoters owned 72.41% of the company. Tata Sons owned 72.38% of this, with Tata Investment Corporation owning the remaining portion.
For feedback and suggestions, write to us at editorial@iifl.com
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.