A notable block deal occurred for Tata Consultancy Services (TCS.NS) on the National Stock Exchange of India (NSE) today, February 17, 2025. The transaction involved 50,491 shares changing hands at ₹3,902.70 per share, totaling approximately ₹197 million. This deal comes as TCS shares have shown resilience in recent trading sessions, despite broader market volatility. The IT giant's stock closed at ₹3,934.85 on February 14, and analysts maintain a positive outlook on the company, with some setting target prices as high as ₹5,000. Investors are closely watching TCS's performance as it continues to expand its global footprint and invest in emerging technologies.
Sources: NSE India, Moneycontrol, ICICI Direct