TCS shares crash 44% from peak to hit over 5-year low. More pain left for IT bellwether?
The Economic Times·2026-02-13 07:04
The sharp decline dragged its market capitalisation down to Rs 9.60 lakh crore, also a multi-year low, slipping below the previous trough of Rs 9.77 lakh crore. With the latest fall, the stock is now down 44% from its all-time high of Rs 4,592, hit in August 2024.TCS has also dropped to its lowest level since September 22, 2020, when it last closed at Rs 2,523. Reflecting the shift in market hierarchy, Also Read | Rs 6 lakh crore wipeout in 8 days! Is AI rewriting the rules for $250 billion Indian IT indus ...