Today › IT services › Tata Consultancy Services

IT services Historical case study · data as of 30 Jun 2026 · published 03 Oct 2026 (95 days later)

Tata Consultancy Services — 100-point case study

How Tata Consultancy Services looked on 50 technical and 50 fundamental measures on 30 Jun 2026 — and what happened over the next three months. Education only; not a current view.

Codes	NSE: TCS · BSE: 532540
Close on 30 Jun 2026	₹2,031.50
Market cap then	₹7,35,014 crore
Valuation	P/E 14.9× · P/B 6.85×
Momentum	RSI (14) 33 · 1-year return -41.3%
Next 3 months	+2.1% vs Nifty 50 -6.0% (to 01 Oct 2026)

Scorecard

Technical — 50 points

1 bullish · 12 neutral · 3 caution · 33 bearish — the picture leaned negative.

Fundamental — 50 points

15 bullish · 32 neutral · 0 caution · 2 bearish — the picture leaned positive.

Price chart

Close (to snapshot) Close (after) 50-day avg 200-day avg Support Resistance

Technical analysis — 50 points

Calculated by code from daily prices up to 30 Jun 2026. Standard formulas (RSI, MACD, ADX use Wilder smoothing).

A. Trend

#	Point	Reading	Tag	Commentary
1	Short-term trend (20 days)	slope -0.51%/day	Bearish	Over the last 20 sessions the regression line of closing prices was falling about 0.51% a day — a short-term downtrend.
2	Medium-term trend (~5 months)	3M return -15.3%	Bearish	The 100-session trend line was down (-0.31%/day) and the stock was -15.3% over three months, so the medium-term picture was bearish.
3	Long-term trend (1 year)	1Y return -41.3%	Bearish	Compared with a year earlier the price was -41.3%. A weak year for the stock.
4	Weekly chart trend	10W 2,232.00 / 30W 2,623.78	Bearish	On the weekly chart the stock showed a weekly close below the 10-week average, which sat below the 30-week.
5	Swing structure (highs/lows)	last highs 2,457.40→2,231.00; lows 2,206.40→2,110.00	Bearish	The two most recent swing points showed lower swing highs and lower swing lows — classic downtrend structure.
6	ADX (14) — trend strength	22.3	Bearish	ADX at 22.3 shows a trend of moderate strength. ADX measures strength only, not direction.
7	+DI vs –DI	+DI 16.9 / –DI 36.5	Bearish	–DI was above +DI: sellers had the upper hand in directional movement.

B. Moving averages

#	Point	Reading	Tag	Commentary
8	Price vs 20-day SMA	2,165.73 (-6.2%)	Bearish	Close of 2,031.50 was 6.2% below the 20-day SMA — the short-term trend filter was negative.
9	Price vs 50-day SMA	2,299.14 (-11.6%)	Bearish	Close of 2,031.50 was 11.6% below the 50-day SMA — the medium-term trend filter was negative.
10	Price vs 200-day SMA	2,790.55 (-27.2%)	Bearish	Close of 2,031.50 was 27.2% below the 200-day SMA — the long-term trend filter was negative.
11	9 / 21 EMA crossover	9E 2,106.40 / 21E 2,164.10	Bearish	The 9-day EMA was below the 21-day EMA; the last crossover happened on 24 Apr 2026.
12	Golden / death cross (50 vs 200)	no cross in data window	Bearish	The 50-day average was 17.6% below the 200-day. No 50/200 crossover occurred in the data window.
13	50-day SMA slope	-4.7% in 20 sessions	Bearish	The 50-day average fell 4.7% over the past month — declining.
14	MA ribbon alignment	2,166 / 2,299 / 2,461 / 2,791	Bearish	The 20/50/100/200-day averages were perfectly stacked bearish (20 < 50 < 100 < 200).
15	Monthly anchored VWAP	2,193.14 (-7.4%)	Bearish	Anchored to the start of June, the volume-weighted average price was 2,193.14; the close was below it — buyers that month were on average under water.

C. Momentum

#	Point	Reading	Tag	Commentary
16	RSI (14)	32.5	Bearish	RSI at 32.5 reflected soft, below-average momentum.
17	RSI divergence (last 40 days)	bullish divergence	Bullish	Comparing the last 20 sessions with the 20 before: bullish divergence: price made a lower low but RSI made a higher low — selling momentum was fading.
18	MACD line vs signal	MACD -63.35 / signal -58.63	Bearish	MACD was below its signal line — momentum turning or staying negative.
19	MACD histogram (5-day change)	-3.80 → -4.72	Bearish	The histogram fell over the last five sessions, meaning momentum was weakening.
20	MACD vs zero line	-63.35	Bearish	MACD below zero means the 12-day EMA was below the 26-day EMA — a negative momentum regime.
21	Stochastic (14,3,3)	%K 17.6 / %D 19.4	Caution	Slow stochastic at 17.6 was in oversold territory (<20).
22	Williams %R (14)	-94.0	Caution	%R of -94.0 put the close near the bottom of its 14-day range.
23	CCI (20)	-132	Bearish	CCI at -132 signalled an unusually strong downward deviation (<–100).
24	Rate of change (10-day)	-6.0%	Bearish	Price changed -6.0% over ten sessions.

D. Volatility

#	Point	Reading	Tag	Commentary
25	Bollinger Band position (%B)	%B 0.11 (bands 1,991.53–2,339.93)	Neutral	%B of 0.11 — inside the bands, lower half.
26	Bollinger width / squeeze	width 16.1% (78th pct of 6M)	Neutral	Band width was at the 78th percentile of the last six months, a normal level.
27	ATR (14)	₹61.77 (3.0% of price)	Neutral	A typical day's range was about ₹61.77, or 3.0% of the price — useful for judging how much 'normal noise' to expect.
28	Historical volatility (30-day)	39.4% vs 1Y 25.2%	Caution	Annualised 30-day volatility was 39.4%, well above the one-year level of 25.2%.
29	Keltner Channel (20, 2×ATR)	2,036.56–2,282.82	Bearish	The close was below the lower channel — a strong trending push.
30	Beta vs Nifty 50 (1Y daily)	0.82	Neutral	A beta of 0.82 means the stock tended to move less than the Nifty 50 day to day.

E. Volume & money flow

#	Point	Reading	Tag	Commentary
31	Volume vs 20-day average	last day 1.22× / 5-day 0.93×	Neutral	The final session traded 1.22× its 20-day average volume and the last five sessions averaged 0.93× — normal participation.
32	Up-day vs down-day volume (20d)	ratio 0.63	Bearish	Average volume on up days was 0.63× that on down days — distribution-leaning.
33	On-Balance Volume (20d)	OBV falling	Bearish	OBV fell over the month while price fell — volume confirmed the price move.
34	Accumulation/Distribution line	falling (20d)	Bearish	The A/D line fell, meaning closes tended to be in the lower part of daily ranges on meaningful volume.
35	Chaikin Money Flow (20)	-0.09	Bearish	CMF at -0.09 indicated net outflows.
36	Money Flow Index (14)	44.0	Bearish	MFI, a volume-weighted RSI, was 44.0.
37	Liquidity (avg daily turnover)	₹1,229 cr/day	Neutral	About ₹1,229 crore changed hands per day on average over 20 sessions — highly liquid.

F. Price levels

#	Point	Reading	Tag	Commentary
38	Support levels (S1/S2/S3)	2,018.80	Neutral	Nearest support (prior swing lows) sat at 2,018.80, 0.6% below the close.
39	Resistance levels (R1/R2/R3)	2,231.00 / 2,377.60 / 2,468.50	Neutral	Nearest resistance (prior swing highs) sat at 2,231.00, 9.8% above the close, then 2,377.60, 2,468.50.
40	Monthly pivot points (for next month)	P 2,169.23 \| R1 2,319.67 \| S1 1,881.07	Neutral	Classic pivots from June's high/low/close gave a pivot of 2,169.23; the close was below it.
41	Fibonacci retracement (6M swing)	23.6% 2,333 \| 38.2% 2,527 \| 50.0% 2,684 \| 61.8% 2,841	Neutral	Measuring the 6-month fall from 3,350.00 to 2,018.80, the close was nearest the 23.6% retracement at 2,332.96.
42	52-week high / low	H 3,489.90 / L 2,018.80	Bearish	The close was 41.8% below the 52-week high and 0.6% above the 52-week low.
43	Unfilled price gaps (6M)	4 open; latest gap-down 19 Jun at 2,182.00	Neutral	There were 4 unfilled gap(s). The latest, a gap-down on 19 Jun 2026, left an open level at 2,182.00 that price had not revisited.

G. Patterns

#	Point	Reading	Tag	Commentary
44	Price structure / chart pattern	falling channel	Bearish	Rule-based pattern scan: falling channel — successive lower highs and lows. (Classical patterns like head-and-shoulders are judgement calls; we report only what the rules detect.)
45	Breakout / breakdown (20-day)	range 2,055.00–2,457.40	Bearish	The close was breakdown below the prior 20-day range of 2,055.00–2,457.40 — a range break.
46	Latest candlestick	Ordinary red candle	Neutral	On 30 Jun the candle opened 2,090.00, ranged 2,018.80–2,104.30 and closed 2,031.50: Ordinary red candle. Single candles are weak signals on their own.
47	Ichimoku Cloud	cloud 2,360.45–2,420.70; Tenkan 2,124.90 / Kijun 2,238.10	Bearish	Price was below the cloud and the Tenkan line was below the Kijun line — a bearish Ichimoku setup.

H. Relative strength & summary

#	Point	Reading	Tag	Commentary
48	Relative strength vs Nifty 50	1M -11.4% / 3M -19.5%	Bearish	The stock underperformed the Nifty 50 by 19.5 points over three months and underperformed by 11.4 points over one month.
49	Relative strength vs Nifty IT	3M -4.0%	Bearish	Against its sector index (Nifty IT) the stock was 4.0 points behind over three months.
50	Technical summary	1 bullish · 33 bearish · 12 neutral · 3 caution	Bearish	Across the 49 readings the technical picture leaned negative. Levels that mattered: support 2,018.80, resistance 2,231.00. This is a description of the chart on 30 Jun 2026, not a forecast.

Fundamental analysis — 50 points

Uses only results published by 30 Jun 2026: FY26 annual (Apr 2025–Mar 2026), the Jan–Mar 2026 quarter and the Mar 2026 shareholding. ₹ crore, consolidated unless stated. Valuation uses the 30 Jun 2026 close.

A. Valuation

#	Point	Reading	Tag	Commentary
1	P/E (trailing 12 months)	14.9×	Neutral	At ₹2,031.50 the market valued the company at about ₹7,35,014 crore, or 14.9× the ₹49,454 crore profit of the four quarters to Mar 2026. That is a low multiple in absolute terms.
2	Price / Book	6.85×	Neutral	Market cap was 6.85× the Mar 2026 book value (equity + reserves) of ₹1,07,240 crore.
3	Price / Sales	2.75×	Neutral	The company was valued at 2.75× its trailing-12-month sales of ₹2,67,021 crore.
4	EV / EBITDA (approx.)	10.3×	Neutral	Enterprise value (market cap + ₹11,283 cr borrowings; cash not netted) was 10.3× trailing operating profit of ₹72,398 crore.
5	Earnings yield	6.7%	Neutral	The inverse of P/E: each ₹100 invested bought about ₹6.7 of annual earnings. Investors often compare this with the ~6–7% yield on 10-year government bonds.
6	PEG (P/E ÷ 3-yr profit CAGR)	2.78	Bearish	P/E of 14.9 divided by 3-year profit growth of 5.3% a year gives a PEG of 2.78. Below 1 is often read as growth being cheaply priced; above 2 as expensive.
7	Dividend yield (trailing 12M)	5.41%	Bullish	Dividends with ex-dates in the 12 months to the snapshot totalled ₹110 a share, a 5.41% yield on the ₹2,031.50 price.
8	Market capitalisation	₹7,35,014 cr	Neutral	At about ₹7.35 lakh crore the company was a large-cap, among the largest listed companies in India.
9	Graham number vs price	₹954.75 vs ₹2,031.50	Neutral	Benjamin Graham's conservative fair-value yardstick √(22.5 × EPS × book value per share) came to ₹954.75; the price was 113% above it. Quality franchises usually trade above this number.

B. Growth

#	Point	Reading	Tag	Commentary
10	Revenue growth FY26 (YoY)	+4.6%	Neutral	Revenue for FY26 was ₹2,67,021 crore, +4.6% versus FY25.
11	Q4 FY26 revenue growth (YoY)	+9.6%	Neutral	The Jan–Mar 2026 quarter brought ₹70,698 crore of revenue, +9.6% on the same quarter a year earlier.
12	Net profit growth FY26 (YoY)	+1.3%	Neutral	FY26 net profit was ₹49,454 crore, +1.3% on FY25's ₹48,797 crore.
13	Q4 FY26 profit growth (YoY)	+12.1%	Bullish	Quarterly profit was ₹13,784 crore versus ₹12,293 crore a year earlier (+12.1%).
14	Revenue CAGR (3 years)	5.8%	Neutral	Revenue compounded at 5.8% a year from FY23 to FY26.
15	Profit CAGR (3 years)	5.3%	Neutral	Net profit compounded at 5.3% a year from FY23 to FY26.
16	Revenue CAGR (5 years)	10.2%	Neutral	Over five years (FY21–FY26) revenue compounded at 10.2% a year.
17	EPS growth FY26 (reported)	+1.3%	Neutral	Reported EPS went from ₹134.20 to ₹136.01 (+1.3%). Differences from profit growth come from changes in share count (bonus, buyback, new issues).

C. Profitability

#	Point	Reading	Tag	Commentary
18	Operating margin FY26	27%	Neutral	Operating profit (EBITDA) was 27% of sales in FY26 versus 26% in FY25.
19	Operating margin trend (4 quarters)	27% → 27% → 27% → 27%	Neutral	Quarterly margins moved from 27% to 27% over the last four quarters — broadly stable.
20	Net profit margin FY26	18.5%	Neutral	₹18.5 of every ₹100 of revenue ended up as net profit in FY26.
21	Return on equity FY26	49.0%	Bullish	FY26 profit was 49.0% of average shareholders' equity. Above ~15% is generally considered good; below 10% weak.
22	ROCE FY26	63%	Bullish	Return on capital employed (debt + equity) was 63% in FY26.
23	Return on assets FY26	27.30%	Neutral	Net profit was 27.30% of total assets.
24	Effective tax rate FY26	24%	Neutral	The company paid about 24% of pre-tax profit as tax; India's base corporate rate is ~25%.
25	Other income share of pre-tax profit	-0%	Neutral	Non-operating 'other income' of ₹-124 crore made up -0% of pre-tax profit.

D. Balance sheet

#	Point	Reading	Tag	Commentary
26	Debt / equity	0.11	Bullish	Borrowings of ₹11,283 crore were 0.11× equity — very low leverage.
27	Debt / EBITDA	0.16×	Bullish	Debt equalled 0.16 years of FY26 operating profit.
28	Interest coverage	54.4×	Bullish	Earnings before interest and tax covered interest cost 54.4 times.
29	Book value growth	+13.2%	Bullish	Shareholders' equity grew +13.2% from ₹94,756 crore to ₹1,07,240 crore in FY26.
30	Capital work in progress	₹2,665 cr (9% of fixed assets)	Neutral	Projects under construction (CWIP) were 9% of fixed assets — a modest pipeline.
31	Working capital days	38 days	Neutral	Working capital tied up equalled 38 days of sales (FY25: 34). Negative means suppliers/customers fund operations.
32	Cash conversion cycle	93 days	Neutral	It took 93 days to turn inventory and receivables into cash, net of supplier credit.
33	Debtor days	93 (FY25 84)	Neutral	Customers took 93 days on average to pay, versus 84 a year earlier.

E. Cash flow

#	Point	Reading	Tag	Commentary
34	Operating cash flow FY26	₹52,094 cr	Bullish	The business generated ₹52,094 crore of operating cash in FY26 versus ₹48,908 crore in FY25.
35	Free cash flow FY26	₹48,013 cr	Bullish	After capital spending, free cash flow was ₹48,013 crore.
36	Cash conversion (CFO ÷ net profit)	1.05×	Bullish	Operating cash flow was 1.05× reported profit — profits were well backed by cash.
37	Free-cash-flow yield	6.5%	Bullish	FY26 free cash flow was 6.5% of the snapshot market cap.
38	Free cash flow — 3-year total	₹1,34,695 cr	Bullish	Free cash flow over FY24–FY26 added up to ₹1,34,695 crore.
39	Capex FY26 (CFO – FCF)	₹4,081 cr	Neutral	Implied capital expenditure was about ₹4,081 crore, 1.5% of sales.

F. Dividends & shareholder returns

#	Point	Reading	Tag	Commentary
40	Dividend payout ratio FY26	81%	Neutral	The company paid out about 81% of FY26 profit as dividends.
41	Dividend consistency (3 years)	58% / 94% / 81%	Bullish	Payout ratios for FY24 / FY25 / FY26 — dividends were paid every year.
42	Share capital change (FY25→FY26)	+0.0%	Neutral	Paid-up equity capital changed +0.0% (₹362 cr → ₹362 cr). Essentially unchanged — no dilution.

G. Ownership

#	Point	Reading	Tag	Commentary
43	Promoter holding	71.77% (+0.00 pts YoY)	Neutral	Promoters owned 71.77% at Mar 2026 versus 71.77% a year earlier.
44	Foreign institutional holding	9.66% (-2.38 pts YoY)	Bearish	FIIs held 9.66% at Mar 2026, down from 12.04% a year before.
45	Domestic institutional holding	13.34% (+1.85 pts YoY)	Bullish	Mutual funds, insurers and other DIIs held 13.34%, up from 11.49%.
46	Number of shareholders	24.5 lakh (+15.8% YoY)	Neutral	The shareholder count moved from 21.2 lakh to 24.5 lakh in a year — a rough gauge of retail interest.
47	Promoter pledge	none reported	Neutral	Our source showed no pledged promoter shares.

H. Quality & summary

#	Point	Reading	Tag	Commentary
48	Financial health checklist (Piotroski-style, 8 tests)	5/8	Neutral	Passed: positive profit, positive operating cash flow, CFO > net profit, operating margin improved, no meaningful dilution (<3%). Failed: leverage fell, ROA improved, asset turnover improved.
49	Automated screen flags	3 strength(s) · 2 weakness(es)	Neutral	Strengths: Stock provides good dividend yield at 3.08%; Company maintains strong ROE track record (3-year ROE: 51.9%); Healthy dividend payout maintained at 77.5%. Weaknesses: Stock trading at 7.00 times book value; Poor sales growth delivered: 10.2% over past five years. (Flags generated by the data source’s rule screen.)
50	Fundamental summary	15 bullish · 2 bearish · 32 neutral · 0 caution	Bullish	On the numbers published by 30 Jun 2026 the fundamental picture leaned positive. Valuation: P/E 14.9×, P/B 6.85×. This describes the data, not a recommendation.

News in the three months before the snapshot

Company news from 1 Apr – 30 Jun 2026 that an investor could have known on the snapshot date.

09 Apr 2026 TCS Q4 FY26: revenue Rs 70,698 crore, PAT Rs 13,718 crore; final dividend Rs 31/share — Q4 FY26 revenue rose 5.4% QoQ to Rs 70,698 crore (1.2% QoQ in constant currency) and PAT was Rs 13,718 crore, up about 12% YoY; FY26 revenue was Rs 2,67,021 crore. Q4 TCV was $12 billion including three mega deals (FY26 TCV $40.7 billion), headcount 5,84,519, and the board recommended a final dividend of Rs 31 per share. source
09 Apr 2026 TCS clocks PAT of Rs 13,718 crore in Q4; board OKs dividend of Rs 31/share for FY26 — Net profit grew 12.22% YoY and revenue from operations 9.65% YoY; operating margin was 25.3% and net margin 19.5%. source
02 Jun 2026 TCS and Infosys surge ~5% as AI-driven rebound lifts Nifty IT — TCS gained about 5% intraday and was the top Nifty 50 gainer as the Nifty IT index rose 3.6% on AI-demand optimism (Yahoo close +6.5% to Rs 2,446.90). source
03 Jun 2026 TCS shares plunge over 8%, biggest one-day drop since March 2020 — TCS fell more than 8% as profit-booking after a three-day rally and weak Indian IT ADRs dragged the Nifty IT index down over 5%; the move was sector-wide rather than company-specific. source
04 Jun 2026 TCS secures AI-led deal with Nokian Tyres — TCS will run end-to-end application maintenance and AI integration for Nokian Tyres' global supply chain and manufacturing functions, effective 1 June 2026. source
08 Jun 2026 TCS wins multimillion-euro AI transformation deal with Canada Life — A multiyear AI-driven managed-services agreement to modernise Canada Life's European IT infrastructure across the UK, Ireland, Germany and the Isle of Man; value not disclosed. source
15 Jun 2026 US Supreme Court rejects TCS challenge in $168 million DXC trade-secrets case — The Supreme Court declined to hear TCS's appeal of the $168 million award ($56M compensatory + $112M punitive) won by DXC/CSC, making it final; TCS said it faces an additional ~$70 million hit. source
19 Jun 2026 TCS falls ~6% intraday after Accenture guidance cut triggers IT sell-off — Accenture narrowed its FY revenue growth forecast to 3-4% (from 3-5%), sending Nifty IT down ~5.9% to a 52-week low; TCS fell 6.16% intraday to Rs 2,067.70 (Yahoo close Rs 2,125, -3.6%). source

What happened next (30 Jun 2026 → 01 Oct 2026)

Price went from ₹2,031.50 to ₹2,075.00 by 01 Oct 2026 (+2.1%) while the Nifty 50 moved -6.0% — outperforming by 8.2 points.
Highest ₹2,495.00 on 30 Jul 2026; lowest ₹1,976.80 on 01 Jul 2026.
S1 2,018.80: broken on a closing basis on 01 Jul 2026.
R1 2,231.00: cleared on a closing basis on 17 Jul 2026.
R2 2,377.60: cleared on a closing basis on 28 Jul 2026.
200-day SMA: price was below it at the snapshot and stayed on the same side through the period.
Apr–Jun 2026 results (reported 09 Jul 2026): revenue ₹72,275 crore (+13.9% YoY), net profit ₹13,420 crore (+4.7% YoY), operating margin 26% vs 27% a year earlier (Screener consolidated figures).
Shareholding Mar → Jun 2026: Promoters 71.77% → 71.77%, FIIs 9.66% → 9.07%, DIIs 13.34% → 13.41%.

Later news

09 Jul 2026 TCS Q1 FY27: revenue up 13.9% YoY to Rs 72,275 crore; Rs 12 interim dividend — Revenue rose 13.9% YoY (2.2% QoQ) to Rs 72,275 crore; net profit was Rs 13,420 crore (+4.7% YoY) after a Rs 668 crore exceptional charge for settling the CSC legal claim (Rs 13,849 crore before it). TCV was $9.5 billion, headcount 5,93,798, operating margin 24.0%; interim dividend Rs 12 (record date 15 July). source
25 Aug 2026 TCS to acquire Porsche's MHP for EUR 320 million, signs EUR 1.25 billion Porsche deal — TCS Netherlands BV will acquire 100% of MHP Management- und IT-Beratung GmbH from Porsche AG at an enterprise value of EUR 320 million, alongside a five-year EUR 1.25 billion AI and software-defined-mobility partnership with Porsche; subject to regulatory clearances. source
18 Sep 2026 TCS falls 3.9% as IT stocks slide after Bank of Japan rate hike — TCS closed at Rs 2,105 (low Rs 2,101) as IT stocks fell on the BoJ rate hike's implications for the dollar and US yields; no company-specific announcement was cited. source

Educational summary. On 30 Jun 2026 the technical picture leaned negative and the fundamental picture leaned positive. Over the next three months the stock moved +2.1% against -6.0% for the Nifty 50. Here the chart's message did not line up neatly with what followed — a reminder that indicators describe the past, not the future. One case proves nothing on its own; the value is in seeing many cases over time. This page does not say whether to buy, sell or hold Tata Consultancy Services today.

Sources: daily prices — Yahoo Finance history pages; financials and shareholding — Screener.in (fetched 03 Oct 2026); index — Nifty 50, Nifty IT via Yahoo Finance; news — linked articles. Calculations by Manage Our Finance. Report a correction

More case studies today

₹1,293.90close 30 Jun

Oil, gas, retail & telecomNSE: RELIANCEData as of 30 Jun 2026

Reliance Industries — 100-point case study

Technical

Fundamental

What happened next (3 months): -9.8% vs Nifty 50 -6.0%

Technical: negativeFundamental: positiveP/E 18.3×P/B 1.94×RSI 431Y -13.8%

₹797.95close 30 Jun

Private-sector bankNSE: HDFCBANKData as of 30 Jun 2026

HDFC Bank — 100-point case study

Technical

Fundamental

What happened next (3 months): -9.6% vs Nifty 50 -6.0%

Technical: positiveFundamental: positiveP/E 15.5×P/B 2.10×RSI 601Y -20.3%

₹1,375.20close 30 Jun

Private-sector bankNSE: ICICIBANKData as of 30 Jun 2026

ICICI Bank — 100-point case study

Technical

Fundamental

What happened next (3 months): -4.7% vs Nifty 50 -6.0%

Technical: positiveFundamental: positiveP/E 17.0×P/B 2.72×RSI 661Y -4.9%