Based on data from February 11–12, 2026, Tata Consultancy Services (TCS) shares have been experiencing significant downward pressure, trading close to their 52-week lows, with intraday trading seen around ₹2,900-₹2,915 levels after touching a 52-week low of ₹2,866.60–₹2,867.55. 

Key Data Highlights (As of Feb 11-12, 2026):

• 52-Week Low: ₹2,866.60 - ₹2,867.55
• Current Trend: Bearish, with the stock trading near 52-week lows, having fallen over 27% from its 52-week high.
• Recent Performance: The stock has shown a 1-month decline of over 9% and a 1-year drop of over 26%.
• Technical Indicators: The 14-day Relative Strength Index (RSI) is around 26-32, indicating the stock is nearing or in an "oversold" zone. The Moving Average Convergence Divergence (MACD) shows a strong bearish signal.
• Market Cap: Remains in the top tier at approx ₹10 lakh crore, despite the price decline. 

Analysis of the Decline:

• High Valuations and Demand Concerns: Nervous investors have been exiting positions due to high valuations and worries regarding demand,, particularly following global market shocks and uncertainty around how quickly companies will adopt AI for back-end processes.
• Weak Q3 Performance: The recent decline followed Q3 FY26 earnings where, despite meeting some estimates, internal metrics were weak, and the company signaled a cautious outlook.
• Headcount Decline: TCS experienced a decline in headcount for the first time in nearly two decades, reflecting a, slowdown in hiring and reduced employee utilization.
• Technical Weakness: The stock is facing a "Strong Sell" outlook based on moving averages (ranging from MA5 to MA200), indicating a lack of immediate, short-term support. 

Outlook:
While some analysts previously suggested a potential, long-term, AI-led turnaround, the immediate sentiment is heavily bearish, with analysts noting risks to the management's growth aspirations for FY26. Technical analysts are monitoring the ₹2,800-₹2,900 range as critical support levels.