TCS market cap drops by ₹34,000 crore following N Chandrasekaran's resignation
Tata Consultancy Services (TCS) saw its market valuation decline by ₹34,263 crore over the past week, settling at ₹8.53 lakh crore. This dip followed the announcement that chairman N Chandrasekaran would step down, just before the company's annual general meeting scheduled for August 18. Overall, Tata Group stocks shed approximately ₹46,000 crore in market value last week after Chandrasekaran confirmed he would not pursue another term once his current tenure concludes in February 2027.
by shortkt.com✓