Mumbai News, 26 February 2026: Tata Consultancy Services (TCS) shares opened positively in the Indian stock market this morning. On the NSE, TCS shares were trading at ₹2,668.40, up ₹39.10 (1.49%) from yesterday’s closing price of ₹2,629.30. The share opened the day at ₹2,650, reaching a high of ₹2,668.40 and a low of ₹2,638.20. Trading volume was around 4.43 lakh shares, while the VWAP was ₹2,656.65. The market capitalization is approximately ₹9,65,450 crore.
The same trend was seen on the BSE as well. By 9:59 AM, the share was trading at ₹2,658.20, showing an increase of 1.10%. The previous day (25 February) BSE closing was ₹2,629.50. On both exchanges, the 52-week high was ₹3,710 and the low was ₹2,561.30. The P/E ratio is 19.83 and the face value is ₹1.
On 25 February, TCS shares rose by 2.16% (closed at ₹2,629.30), but prior to that on 24 February, they had recorded a 3.83% decline. In today’s trading, TCS, along with other IT sector companies, has also supported the market sentiment.
TCS is encouraging AI adoption despite the risk of revenue cannibalisation
The company’s aggressive strategy on AI is playing a key role behind the movements in TCS shares. TCS MD and CEO K. Krishnavasan made a big announcement at the Nasscom Technology Leadership Forum 2026 in Mumbai on 25 February. He said, “We are telling our associates that if AI can do a job faster, better and cheaper, then inform the clients – even if it cannibalises our revenue.”
Krishnivasan called this a ‘civilizational shift’ and emphasized making the company’s over 600,000 employees AI-fluent. He explained, “We welcome AI and are ready to take the risk of revenue decline because of it. It’s necessary for long-term benefits.” The company is encouraging employees to provide ‘AI-first’ solutions, which could impact traditional manpower-based services.
TCS has recently announced partnerships with GitLab, ServiceNow, Cisco and OpenAI, which will lead to AI-based orchestration, large-scale AI adoption and the establishment of autonomous enterprise centers of excellence. The company’s AI revenue run-rate has already reached $1.8 billion, which is 16-17% higher than the previous quarter.
What do Dalal Street analysts and top brokers say about TCS share target price?
Most analysts are giving TCS a ‘Buy’ or ‘Outperform’ rating on Dalal Street. Brokers have given attractive target prices while expressing confidence in the company’s future potential due to AI growth.
- CLSA: ‘Outperform’ rating, target price ₹3,593 (around 39% upside from current price). The brokerage also mentioned a dividend of ₹35 and the possibility of a share buyback.
- Motilal Oswal: ‘Buy’ rating, target ₹4,400 (36% upside).
- JM Financial: ‘Buy’, target ₹3,810 (17% upside).
- Consensus (32-46 analysts): Average target price ₹3,550 to ₹3,743. Highest ₹4,810, lowest ₹1,775. Over 80% of analysts are on the ‘Buy’ or ‘Hold’ side.
Some brokers (like Jefferies) have cut their targets by 5-11% due to AI disruption, but overall sentiment is positive because of TCS’s strong AI traction, 0.8% constant currency growth in Q3 FY26, and client deals. Platforms like Trendlyne and Investing.com show an average upside of 35-42%.
TCS’s strong balance sheet, regular dividends (recent interim dividend ₹11), and its association with the Tata Group make this stock attractive for long-term investors. However, it’s important to be aware of risks like a global slowdown in IT spending and reduced demand for traditional services due to AI.
Conclusion:
According to today’s live updates, TCS shares are trading in positive territory and the company’s aggressive strategy on AI could give it a strong position in the future. Investors should make decisions based on their own research. For more updates until the market closes (3:30 PM IST), check the NSE/BSE website or trusted broker apps.
Disclaimer:
(NiftySharePrice.com stock market news is based on publicly available authentic data sources like NSE – BSE and SEBI-authorized brokers & analysts only. Investing in the stock market involves risk. So, do your own research and consult your authorized advisors before investing.)
