TCS Share Price Today Under Pressure After Rs 14,000 Crore Porsche Deal | Check Outlook

TCS Share Price Today: Shares of Tata Consultancy Services Limited opened lower during Tuesday’s intraday trading session after the IT major announced a five-year strategic deal with German automaker Porsche AG worth €1.25 billion (equivalent to Rs 14,000 crore).

TCS share price was trading 0.31% lower at Rs 2276 per share on BSE with a market capitalisation of Rs 8,23,114.91 crore at 11:12 am on Tuesday. The IT stock had touched an intraday high of Rs 2,314.55 per share and an intraday low of Rs 2,262.00 per share.

TCS Share Price Outlook On Porsche Deal

The MHP acquisition is likely to help TCS boost its limited presence in the European automotive and consulting markets, reported Moneycontrol, citing an HSBC report. The committed revenues from Porsche will also provide greater visibility to the business. However, the the deal is unlikely to have an impact on TCS earnings per share and integration could pose fresh challenges for the IT major. HSBC maintained a ‘Hold’ rating with a target price of Rs 2,350 per share.

Unlike HSBC, Citi kept a much more cautious view as it underlined MHP’s revenue which fell to Euro 742 million in CY2025 from Euro 830 million in CY2024, as per Moneycontrol report. The brokerage maintained a ‘Sell’ rating with a target price of Rs 1,825 per share.

TCS Deal Update

German automaker Porsche has executed a five-year strategic deal with MHP worth € 1.25 billion. “We wish to inform you that, pursuant to the acquisition of MHP Management- und IT-Beratung GmbH (“MHP”), Porsche AG (“Porsche”) has executed a five-year strategic deal with MHP and the Company amounting to € 1.25 billion,” stated the firm in its press release.

“The deal is intended to anchor a long-term partnership to industrialise AI across Porsche’s engineering, manufacturing, operations, customer experience and enterprise transformation agenda, including the delivery of next-generation automotive technology services and software-defined mobility platforms,” the firm added.

TCS Share Price Trend

TCS share price opened lower on Tuesday. Its share price hit 52-week high of Rs 3,336.70 per share on February 3, 2026. The stock dipped to its 52-week low of Rs 1,976 per share on July 1, 2026. The stock has a return on equity (ROE) of 59.92%. Its stock value has 29% in 2026 so far.

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