homebusiness Newscompanies NewsFive numbers that defined Rajesh Gopinathan's tenure as TCS CEO

Five numbers that defined Rajesh Gopinathan's tenure as TCS CEO

Five numbers that defined Rajesh Gopinathan's tenure as TCS CEO
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By Hormaz Fatakia   | Sudarshan Kumar  Mar 17, 2023 10:20:13 AM IST (Updated)

Under Rajesh Gopinathan, TCS saw its market capitalisation double from $70 billion to just over $141 billion as of closing on March 16.

Indian IT major Tata Consultancy Services (TCS) on Thursday made an unexpected announcement of MD and CEO Rajesh Gopinathan hanging his boots after an innings of 22 years at the company, of which the last six years were at the helm of affairs.

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During his tenure at the top, the company saw its market value double and shares return more than 2.5x to its shareholders, along with generous dividend payouts and buybacks.
Let us take a look at Gopinathan's tenure as CEO through five numbers:
Share Price Returns
When Gopinathan took charge as MD & CEO of TCS, shares of the company traded at around Rs 1,208. Since then the stock scaled a record high of Rs 3,835, implying a return of 217 percent.
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