Key facts
- TCS stock has a beta of 0.4044.
- A beta below 1 indicates lower volatility than the market.
- TCS shares are less susceptible to broad market fluctuations.
Tata Consultancy Services (TCS) has a beta value of 0.4044, which signifies a low level of market risk. Beta is a measure of a stock's volatility in relation to the overall market. A beta below 1, such as TCS's 0.4044, suggests that the stock's price movements are less pronounced than those of the market as a whole. This implies that TCS shares are relatively stable and less susceptible to broad market fluctuations.