TCS.NS closes at INR 3,250.70 on 02 Jan 2026: AI services shape outlook
TCS.NS stock closed at INR 3,250.70 on 02 Jan 2026 as investors weighed demand for AI and automation services heading into the earnings window. Tata Consultancy Services Limited (TCS.NS) on the NSE saw a 1.39% intraday rise with volume at 1,184,294.00 shares, supported by a trailing EPS of 136.58 and a PE of 23.63. Today’s move reflects renewed focus on TCS’s AI offerings such as TwinX and ignio and how they contribute to margin resilience and long-term revenue growth for the Technology sector in India.
Session summary and price action
Tata Consultancy Services Limited (TCS.NS) closed at INR 3,250.70 on the NSE on 02 Jan 2026, up INR 44.50 or 1.39% from the previous close of INR 3,206.20. Trading range for the session was INR 3,219.50 to INR 3,254.30 with volume of 1,184,294.00 versus average volume of 2,866,211.00, indicating below-average participation today.
Fundamentals and valuation snapshot
TCS reported a trailing EPS of 136.58 and trades at a PE of 23.63, below the broader Technology sector average PE of 45.56, suggesting relative valuation support. Key metrics show strong cash generation: free cash flow per share INR 131.09 and cash per share INR 134.64, with a dividend per share of INR 118.00 and dividend yield near 3.66%. Balance-sheet health is solid: debt to equity 0.10 and current ratio 2.43, while return on equity sits near 48.40% which underlines high capital efficiency.
AI business, growth drivers and sector context
Tata Consultancy Services Limited’s AI products — TwinX, ignio and advanced automation services — are central to revenue mix expansion and higher-margin consulting work in 2026. Technology sector performance is mixed year-to-date; TCS’s scale and enterprise AI offerings position it to capture larger deals across BFSI, retail and life sciences, offsetting slower legacy project growth.
Technical picture and trading signals
Technicals show neutral-to-bullish momentum: RSI 55.83 and ADX 39.89 indicating a strong trend, while MACD histogram is slightly negative at -4.69 suggesting short-term consolidation. Price sits above the 50-day average INR 3,152.23 and slightly above the 200-day average INR 3,227.31, with Bollinger Band middle at INR 3,238.88, implying near-term support around INR 3,142.73 and resistance near INR 3,335.03.
Meyka AI grade and model forecasts
Meyka AI rates TCS.NS with a score out of 100: 82 (A-, 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 12-month price of INR 3,886.21 and a one-month view of INR 3,333.62. The 12-month projection implies an upside of 19.56% from today’s INR 3,250.70; the one-month projection implies upside of 2.55%. These forecasts are model-based projections and not guarantees. We are not financial advisors and grades are not guaranteed.
Risks and near-term catalysts
Near-term risks include slower discretionary IT spending in developed markets and client-specific project delays that could pressure margins and bookings. Key catalysts are the upcoming earnings announcement on 12 Jan 2026 and new-large deal wins in AI and cloud transformation which could re-rate sentiment if wins meet or exceed guidance. For recent coverage see Reuters and Yahoo Finance for company updates source source.
Final Thoughts
Tata Consultancy Services Limited (TCS.NS) closed at INR 3,250.70 on 02 Jan 2026 after a session that underlined investor focus on AI-led revenue streams and recurring digital engagements. Fundamentals remain robust: EPS INR 136.58, PE 23.63, free cash flow per share INR 131.09 and dividend per share INR 118.00. Technicals show a constructive trend with the stock trading above its 200-day average INR 3,227.31 and near-term support at the Bollinger lower band INR 3,142.73. Meyka AI’s forecast model projects a 12-month target of INR 3,886.21, implying a model-based upside of 19.56% from the current price; the model also shows a shorter one-month target of INR 3,333.62 (up 2.55%). Investors focused on AI exposure should watch 12 Jan 2026 earnings and deal announcements as primary catalysts, and weigh valuation versus sector peers, given TCS’s strong cash flow and dividend yield of 3.66%. Meyka AI provides this as data-driven market analysis via an AI-powered market analysis platform; forecasts and grades are model outputs, not investment advice.
FAQs
TCS.NS closed at INR 3,250.70 on 02 Jan 2026 and trades at a trailing PE of 23.63 with EPS of INR 136.58 on the NSE in India. These are trailing figures and reset around reported earnings.
TCS’s AI offerings such as TwinX and ignio position it to win higher-margin transformation contracts in BFSI, retail and healthcare, increasing recurring revenue and improving long-term margins.
Meyka AI’s forecast model projects a 12-month target of INR 3,886.21 for TCS.NS, implying a model-based upside of 19.56% from the current INR 3,250.70. Forecasts are not guarantees.
TCS has an earnings announcement scheduled for 12 Jan 2026. That report will be a key catalyst for short-term price movement and guidance on margins and deal pipeline.
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.
