TCS Share Price; Strong batting of Tata’s share! Lottery to investors, know which share
However, before you invest in any stock, you must discuss it with your financial advisor. Investing in the market is subject to risk, so if you do not consult, you may suffer financial losses. Today we are going to tell you about one such share of Tata Group, in which investors have become rich. This stock has given good returns to the investors with dividend and this stock belongs to Tata Group’s IT company, Tata Consultancy Services (TCS). Tata Consultancy Services recently announced a major change in management.
TCS dividend declared
Recently TCS announced dividend for its investors. TCS will pay a dividend of Rs 352.50 per share to its investors and earlier the company had issued a bonus of 1:1 in 2018. Meanwhile, the performance of TCS has also improved and the company’s CAGR has also improved to 13 percent during the Corona and recession period. Recently the company’s CEO and MD Rajesh Gopinathan resigned from his position, who was leading the company for the last 6 years.
Delivered strong returns to investors
Meanwhile, talking about the shares of the company, they too have filled the pockets of the market investors. TCS shares have given strong returns of over 2,500% to investors so far. The share price was Rs 120.33 on August 27, 2004 and has steadily increased since then. And on the last trading day of last week i.e. 17 March 2023, TCSshares closed at Rs 3,175. Thus, the shares of the company gave investors a strong return of 2,538.58 percent during this period.