Three Key Factors Dragging The Stock
A primary factor weighing on the stock is the looming regulatory environment in the United States, particularly the H-1B visa regime.
US President Donald Trump has signed a sweeping proclamation imposing a new $100,000 annual fee for H-1B visa applications—a big shift in U.S. skilled worker immigration policy aimed at curbing abuse and prioritising highly skilled professionals over mass recruitment by outsourcing firms.
TCS, like all major Indian IT firms, relies heavily on this mechanism for its largest market, and any proposed tightening of visa rules can directly impact operational costs and the ability to execute projects onshore. Also adding to this uncertainty is US President’s tariffs that has spooked the markets, bringing in a…
