TCS share price crashed to a 52-week low near ₹2,750–2,780 on February 12, 2026, with market cap slipping below ₹10 lakh crore for the first time since December 2020, down ~31% from its 52-week high of ~₹3,984–4,040.

TCS price crash – Key Numbers

• Current price: ~₹2,750 (down ~5–5.5% intraday).

• 52-week low: ₹2,752.75–2,780 (new lows hit today).
• Market cap: ₹9.95–9.97 lakh crore (breached ₹10L Cr psychological level).
• Day's range: ₹2,753–2,880.
• From 52-week high: Down ~31%; needs ~45% rally to recover.
• Nifty IT index: Down ~4% alongside broader IT selloff.

What triggered the crash :-

5. Macro & global cues :-

• Stronger US jobs data: January non-farm payrolls beat expectations, unemployment fell to 4.3%, reducing hopes of near-term Fed rate cuts.
• US tech selloff spillover: Microsoft (-2.2%), Alphabet (-2.4%), S&P software index (-2.6%) pressured Indian IT names.
• USD strength: Higher US dollar amid delayed rate cut hopes hits IT export profitability.

5. AI & sector fears :-

• AI productivity disruption: Renewed concerns that AI tools reduce billable hours in traditional IT services models.
• Margin pressure narrative: Recent earnings showed revenue growth but profit declines (~14% YoY drop), raising cost control doubts.

5. Technical breakdown :-

TCS vs Market rankings shift

• ICICI Bank overtakes TCS as 5th largest Indian company (~₹10.09L Cr mcap).

• SBI had already surpassed TCS yesterday for 4th position.
• Top 3 intact: RIL (₹19.7L Cr), HDFC Bank, Bharti Airtel.

TCS now ranks 6th, first time outside top 5 since market cap rankings stabilized post-2020.

Strengths still intact

• Global #1 IT services ranking: Largest by market cap globally among pure IT services peers.
• 33%+ operating margins: Industry-leading profitability despite recent profit dip.
• ₹70,000+ Cr annual revenue: Massive scale provides pricing power, diversification.
• Zero debt, ₹50,000+ Cr cash: Financial fortress enables buybacks, dividends, acquisitions.
• Deal wins momentum: Recent large deals signal demand for transformation projects.

Risks driving the selloff

• AI disruption uncertainty: Tools may compress billable hours; transition costs uncertain.
• US rate cut delays: Higher USD/lower rupee helps revenue but hurts spending sentiment.
• Margin compression fears: Recent Q3 profit down 14% YoY despite revenue growth.
• Technical oversold trap: RSI 12 signals bounce potential but downtrend intact until MAs reclaimed.
• Sector derating: Nifty IT P/E multiples compressed amid growth concerns.

FAQs

1. Why did TCS hit 52-week low today?
5% intraday drop triggered by US jobs beat (delaying rate cuts), global tech selloff, AI disruption fears, and technical breakdown below all key moving averages.

2. TCS market cap below ₹10 lakh crore – how long since last time?
First breach since Dec 2020 (~5+ years); now at ₹9.97L Cr, overtaken by ICICI Bank for 5th rank.

3. Technical outlook for TCS?
Strong sell across indicators; RSI 12.55 (extreme oversold), all MAs above price. Support ₹2,753, resistance ₹2,810–2,875.

4. Recent earnings trigger?
Q3 revenue ₹67,087 Cr but profit down 14% YoY to ₹10,657 Cr; margin fears + AI uncertainty amplified selling.

5. Buy opportunity or further downside?
Oversold bounce possible near term (RSI extreme), but downtrend intact until MA50 (₹2,975) reclaimed. High risk/reward.