Shares of Tata Consultancy Services (TCS) rose on Monday even though the tech giant suffered a significant legal setback in the United States, after the Court of Appeals for the Fifth Circuit upheld a penalty of $194 million in its long-running dispute with Computer Sciences Corporation (CSC), now part of DXC Technology.
The case centres on allegations that TCS misused CSC’s trade secrets.
TCS Share Price Today
Shares of Tata Consultancy Services Ltd traded at Rs 3,155.90, up Rs 5.30 (0.17%). The stock opened at Rs 3,158.00 and touched an intraday high of Rs 3,178.90, while the lowest level recorded during the session was Rs 3,153.20. Over the past year, TCS has seen a 52-week high of Rs 4,494.90 and a 52-week low of Rs 2,866.60.
TCS Hit With $194 Million Damages in US Court Ruling
In a regulatory disclosure dated 21 November 2025, TCS confirmed that the Appeals Court has upheld the US District Court’s decision to impose damages on the company. However, in partial relief for TCS, the court has vacated the earlier injunction issued against it. The matter has now been sent back to the Northern District of Texas, Dallas Division, which has been directed to review the injunction again based on the Appeals Court’s instructions.
This latest development follows an update shared by TCS on 14 June 2024. At that time, the company had informed stock exchanges that the US District Court had ruled against it and held it liable to pay a total of $194.2 million.
The amount included:
- $56,151,583 in compensatory damages,
- $112,303,166 in exemplary (punitive) damages, and
- $25,773,576.60 in prejudgment interest calculated up to 13 June 2024.
Following the Appeals Court decision, TCS stated that it is examining all legal options available. This includes pursuing further review or filing an appeal before the appropriate US courts. The company added that it will “vigorously defend” its position and will make the necessary accounting provisions in its financial statements in line with applicable financial reporting standards.
Background of the TCS Case
The dispute dates back to 2019, when CSC filed a lawsuit against TCS, accusing it of misusing its trade secrets. CSC alleged that TCS obtained improper access to its proprietary software after several Transamerica employees moved to TCS. These employees had previously used CSC’s software under a valid licence while working for Transamerica.
CSC claimed that this unauthorised access helped TCS develop a competing insurance platform, shortly after TCS secured a $2 billion deal with Transamerica. The company argued that this gave TCS an unfair competitive advantage, leading to the filing of the lawsuit.
What Happens Next
With the damages now upheld but the injunction vacated, the case returns to the lower court for further review on specific aspects. Meanwhile, TCS is preparing its next legal steps as it continues to challenge the allegations.