TCS.NS (TCS, NSE) closed INR 3,192.50 16 Jan 2026: AMD tie-up aids AI growth
TCS.NS stock closed at INR 3,192.50 on 16 Jan 2026, down 2.31% from the prior close after profit-taking and mixed sector cues. The price traded between INR 3,183.00 and INR 3,260.00 on the day with 3.54M shares changing hands, above the daily average. Investors are now linking recent strength in AI services to a strategic tie-up with AMD, which could steer enterprise AI deployments and revenue mix over 2026.
TCS.NS stock: Market close and price drivers
TCS.NS stock ended the session at INR 3,192.50, a -2.31% move versus the previous close of INR 3,268.00. The day range was INR 3,183.00–3,260.00 and volume was 3.54M, 1.30x the average, signalling higher participation on the sell-off.
The drop follows short-term profit-taking after a rally and broader Technology sector weakness, even as company news such as the AMD collaboration pushed strategic sentiment toward AI services adoption source.
Earnings, valuation and fundamentals
Tata Consultancy Services Limited (TCS.NS) reports trailing EPS of 131.85 and a trailing PE of 24.21, which compares favorably with some peers but below the Technology sector average PE of 44.49. Market cap stands near INR 11.55 trillion and shares outstanding are 3,618,087,518.
Key ratios: price/50-day average is 3,190.84, 200-day average is 3,216.73, return on equity is 46.26%, and dividend per share is 118.00. These metrics support a premium large-cap valuation while highlighting lower multiple risk versus high-growth software names.
AI strategy and the AMD partnership: TCS.NS analysis
TCS has announced a collaboration with AMD to scale enterprise AI from pilots to production, including hybrid cloud and edge deployments and sector-specific GenAI frameworks. This tie-up strengthens TCS’s product and delivery stack for AI, particularly for manufacturing and life sciences, and supports higher-margin services over time source.
Analyst view: linking hardware (AMD) and TCS software/services can shorten time-to-revenue for GenAI offerings and reduce client integration friction, which is positive for the AI services revenue runway.
Technicals and trading setup for TCS.NS stock
On technicals, RSI sits at 47.84, MACD histogram is -10.80, and ADX reads 23.79, indicating a neutral trend with short-term downside bias. Bollinger Bands for the session were 3,329.99 (upper) and 3,173.22 (lower).
Short-term traders should note the 50-day average at 3,190.84 and 200-day average at 3,216.73; price hovering near the 50-day suggests a tight range trade into earnings, while increased volume relative to average signals conviction on directional moves.
Meyka AI grade and forecast: model view
Meyka AI rates TCS.NS with a score out of 100: 74.11 | Grade: B+ | Suggestion: BUY. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus.
Meyka AI’s forecast model projects a yearly target of INR 3,795.48, implying an 18.90% upside from the current INR 3,192.50. Forecasts are model-based projections and not guarantees.
Risks, sector context and near-term outlook
Risks include slower-than-expected spending cycles in key verticals, margin compression from pricing competition, and currency or macro shocks that affect client budgets. TCS’s price/ book of 10.18 and price/free cash flow near 23.65 highlight valuation sensitivity to earnings misses.
Sector note: The Technology sector YTD is down 4.41%, and TCS’s 1Y performance is -24.88%, so relative stability in client demand and execution on AI rollouts will matter for the stock’s near-term trajectory.
Final Thoughts
TCS.NS stock closed at INR 3,192.50 on 16 Jan 2026 after a small pullback on profit-taking. Fundamentals remain robust with EPS 131.85, PE 24.21, strong ROE and a healthy cash conversion profile. The strategic AMD collaboration shifts the needle on AI delivery, supporting service-led revenue expansion and client conversions. Meyka AI’s forecast model projects a yearly target of INR 3,795.48, an implied 18.90% upside versus the current price; forecasts are model-based projections and not guarantees. Investors should weigh the AI-driven growth opportunity against valuation sensitivity and upcoming earnings on 09 Apr 2026. For live trade data and alerts visit the Meyka stock page for TCS.NS Meyka stock page and read company updates on Reuters for regulatory filings and market comment source.
FAQs
What drove TCS.NS stock movement today?
Today’s move reflected profit-taking after recent gains, above-average volume of 3.54M shares, and sector weakness. Strategic AI news, notably the AMD collaboration, supported the long-term narrative but did not prevent short-term selling.
How does TCS.NS valuation compare to peers?
TCS.NS trades at PE 24.21, below the Technology sector average PE 44.49, but with a higher price/book near 10.18. The stock’s premium reflects scale, margins, and dividend yield of about 3.70%.
What is Meyka AI’s forecast for TCS.NS stock?
Meyka AI’s forecast model projects a yearly price of INR 3,795.48, implying roughly 18.90% upside from INR 3,192.50. Forecasts are model-based projections and not guarantees.
When is TCS’s next earnings announcement and why does it matter?
TCS has earnings scheduled for 09 Apr 2026. The report will test revenue momentum in AI-led services and margin guidance; any miss or beat can materially influence TCS.NS stock in the short term.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
