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TCS stock slumps! IT firm's shares plunge 33% from lifetime high, down 25% in 2025; amidst layoffs news, will bearish trend continue?
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Despite strong Q1FY26 results and dividend payouts, TCS's stock has plummeted, facing a 33% drop from its peak, exacerbated by a 25% decline in 2025. This downturn coincides with the announcement of 12,000 job cuts amid internal restructuring. While technical indicators signal sustained downward pressure, analysts remain optimistic about TCS's long-term potential, citing operational resilience.
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