Tata Group Stock Records Sharpest February Decline in Two Decades; PE Hits 4-Year Low, Dividend Yield Tops is 3.6 per cent
February proved to be a brutal month for Dalal Street, as continued FII (Foreign Institutional Investor) selling
The NSE benchmark Nifty50 experienced its sharpest single-day decline in over five months on Friday, February 28, 2025, dropping 1.88% and slipping below the 22,200 level. Additionally, the index recorded its steepest fall for the month of February, declining nearly 6%, the highest drop since the Covid-19 crash in 2020
Out of the 50 stocks in the Nifty50, a staggering 45 traded in the red, while only 5 managed to stay in the green, highlighting broad-based weakness across the market.
February proved to be a brutal month for Dalal Street, as continued FII (Foreign Institutional Investor) selling, coupled with Trump’s tariff tantrums, dragged down the market.
One of the worst-hit stocks was Tata Consultancy Services Ltd (TCS), which saw its sharpest-ever February decline since 2005, plummeting 15 per cent—its steepest monthly fall in two decades. This price correction pushed the stock to a 52-week low of Rs 3,457 on the NSE.
Additionally, TCS’s P/E ratio dropped below 26, marking a four-year low, signaling a significant valuation reset for the IT giant.
In Q3FY25, TCS reported strong Q3 earnings, with a 12 per cent YoY increase in consolidated net profit to Rs 12,380 crore, compared to Rs 11,058 crore in the same period last year.
Revenue from operations rose 5.6 per cent YoY to Rs 63,973 crore, while in constant currency (CC) terms, revenue grew by 4.5 per cent. interestingly, the stock offers at current market price TCS dividend yield is about 3.6 per cent.
Disclaimer: This article is for informational purposes only and not investment advice.