TCS stock has given 3,000% return since IPO, says N Chandrasekaran

Covid provided opportunity for us to grow, says Chandrasekaran

Tata Consultancy Services (TCS) has weathered the pandemic very well, and has earned tremendous goodwill from customers, which enhanced the firm’s standing in the market, N Chandrasekaran, chairman, said in his virtual address of the 26th Annual General Meeting on Thursday.
 
He said TCS shareholders received over 3,000 per cent return on their investments since the company was listed in 2004. “If invested Rs 850 per share in the IPO of 2004, the value of that investment today would be Rs 28,000. A return of over 3,000 per cent,” Chandrasekaran said.
 
On the performance of the company, he