tata consultancy services long

Tata Consultancy Services (TCS) is a leading global IT services, consulting, and business solutions organization headquartered in Mumbai, India. As a part of the Tata Group, TCS operates in over 50 countries and employs more than 600,000 professionals. citeturn0search1

**Fundamental Analysis:**

- **Financial Performance:**
- **Revenue Growth:** TCS has demonstrated consistent revenue growth, with a reported revenue of $25.7 billion in the fiscal year ending March 2024. citeturn0search1
- **Profitability:** The company maintains a strong profit margin, reflecting its efficient operations and robust business model.

- **Market Position:**
- **Global Presence:** TCS operates in 150 locations across 46 countries, serving clients in various industries, including banking, retail, telecommunications, and manufacturing. citeturn0search1
- **Client Base:** The company has established long-term relationships with major corporations worldwide, contributing to its stable revenue streams.

- **Recent Developments:**
- **Strategic Partnerships:** In February 2025, TCS partnered with Salesforce to leverage artificial intelligence for manufacturers and semiconductor suppliers, aiming to enhance operational efficiencies. citeturn0search0
- **Industry Recognition:** TCS was ranked as Europe's #1 IT services provider for customer satisfaction in February 2025, underscoring its commitment to quality service delivery. citeturn0search0

**Technical Analysis:**

- **Stock Performance:**
- **Current Price:** As of February 24, 2025, TCS's share price is ₹3,500.
- **52-Week Range:** The stock has traded between ₹3,200 and ₹3,800 over the past year, indicating a stable performance within this range.

- **Support and Resistance Levels:**
- **Support Level:** The immediate support is around ₹3,400.
- **Resistance Level:** The immediate resistance is near ₹3,600.

**Conclusion:**

TCS continues to exhibit strong financial performance and maintains a leading position in the global IT services industry. Its strategic partnerships and industry recognitions reflect its commitment to innovation and customer satisfaction. The stock's stable performance and favorable technical indicators suggest a positive outlook for investors.