TCS stock breaks near-term support post Q1 show, can dip another 5%; charts

TCS share price slipped below the trend line support on the daily scale post Q1 results; the stock can potentially drop another 5 per cent, suggest technical charts.

TCS stock slipped 2 per cent to a low of ₹3,297 in early trade Friday on the NSE, a day after the IT major fell short on analysts’ expectations on the Q1 revenue front.  Tata Consultancy Services (TCS) on Thursday, after market hours, reported a 1.6 per cent dip in its consolidated revenue at ₹63,437 crore for the quarter ended June 2025 (Q1FY26) when compared with ₹64,479 crore in the preceding March quarter. The revenue came in below analysts expectation of around ₹64,342.93 crore.  However, on a year-on-year basis consolidated revenue was up 1.3 per cent when