TCS announced to give dividend
Tata Group company TCS had announced to give dividend to its investors in the past. TCS had declared a dividend of Rs 352.50 per share. In the year 2018, the company had given a bonus issue in 1:1 ratio. There has also been improvement in the performance of TCS. The company’s CAGR also improved during the recession during the Korana period. It had reached 13 per cent. Recently, the company’s CEO and MD Rajesh Gopinathan has resigned from his post. Rosesh was leading TCS for 6 years.
Gave strong returns to investors
TCS shares have made investors rich. TCS shares have so far given strong returns of more than 2500 per cent to the investors. On August 27, 2004, the company’s shares were at Rs 120.33. Since then it has seen a steady increase. On the last trading day of last week i.e. March 17, 2023, TCS shares closed at Rs 3175 level. In this way, the shares of the company have given strong returns of 2,538.58% to the investors during this period.