TCS Vs Wipro: IT Giants Differ On Salary Hikes, Hiring As AI Reshapes Workforce
Tata Consultancy moved higher in a quarterly results development.
· NDTV Profit
TCS onboarded 24,000 graduates in the first half and quantified the margin impact of salary increments, while Wipro plans to resume campus hiring in the second half and says another pay increase is not under consideration.
The analysis
Against that, the stock is +1.0% on the day at ₹2,502.60, and has returned +2.9% over three months. It sits 25% below its 52-week high. The it sector has moved -3.1% over the same period, so Tata Consultancy is running 6.0 points ahead of its peers.
For Tata Consultancy, the question is how much of this is already reflected in the price and how much re-rates the it peer set alongside it.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Market context
- In focus: Tata Consultancy (TCS) (TCS), in IT.
- On the day, 2 of 2 are higher: Wipro leads at +4.3% and Tata Consultancy (TCS) trails at +1.0%.
- Over three months: Tata Consultancy (TCS) +2.9% against IT -3.1% (6.0 points ahead); Wipro +6.4% against IT -3.1% (9.5 points ahead).
- At least 25% below the 52-week high: Wipro (27%).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Tata Consultancy (TCS)TCS · IT | ₹2,502.60 | +1.0% | +22.0% | +2.9% | -24.7% | 0.5× | — |
| WiproWIPRO · IT | ₹198.31 | +4.3% | +25.1% | +6.4% | -27.3% | 1.3× | — |
IT
1M +5.2% · 3M -3.1%
Tata Consultancy (TCS), Wipro
Prices as of 30 Oct 2026, 16:11 IST. Sector moves are the average of the stocks we track in each sector.
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