TCS share, Feb. 12 -- IT major Tata Consultancy Services (TCS) share price tumbled over 5% to hit its 52-week low of Rs.2,752.75 in intra-day deals on Thursday, February 12, 2026 amid the broader AI-led tech selloff.

This marked the first instance since December 2020 that the market capitalisation of the IT major slipped below the Rs.10 lakh crore level. At the time of filing this report, its market value stood at Rs.9.97 lakh crore.

Private sector lender ICICI Bank overtook Tata Consultancy Services to become the fifth-largest Indian company by market capitalisation on February 12. This development comes a day after State Bank of India (SBI) surpassed the IT major to claim the fourth position. ICICI Bank's market capitalisation stood a...