TCS Share Price in Focus; US Court Upholds $194 Million Damages in DXC Trade Secrets Case

Tata Consultancy Services (TCS) has reported that the US Court of Appeals for the Fifth Circuit has upheld a damages award in its ongoing dispute with DXC Technology Company, formerly known as Computer Sciences Corporation (CSC). The ruling was delivered on November 21, 2025, under US jurisdiction. 

Damages Confirmed 

The Appeals Court has confirmed the earlier decision issued by a US District Court, which directed TCS to pay $194.2 million. The amount is broken down into 

• $56,151,583 as compensatory damages,
• $112,303,166 as exemplary damages, and
• $25,773,576.60 million in prejudgment interest calculated up to June 2024. 

TCS had disclosed the District Court ruling in a filing dated 14 June 2024. 

Injunction Set Aside for Review 

While the financial penalty stands, the Appeals Court has removed the previous injunction order issued against TCS. The matter has now been sent back to the US District Court, Northern District of Texas, Dallas Division, which has been asked to reassess the injunction based on the instructions issued by the appellate bench. 

How the Case Began 

The dispute was first filed in 2019 by CSC. The complaint alleged that TCS used its software without proper authorisation after the product was originally licensed to a subsidiary of Transamerica.  

Employees from Transamerica later moved to TCS as part of a contract worth around $2 billion, and CSC claimed that this access helped TCS develop a competing insurance platform. CSC later merged with DXC Technology, which continued the lawsuit. 

TCS Response and Accounting Note 

In its latest regulatory filing on November 22, 2025, TCS stated it is reviewing available legal options and may seek further action before the appropriate US courts. The company said it will record the financial impact of the damages according to applicable accounting standards. 

TCS Share Price Performance  

As of November 24, 2025, 11:38 am, Tata Consultancy Services (TCS) share price was trading at ₹3,150.30, a 0.0095% down from the previous closing price. 

Read More: TCS Summoned by Pune Labour Office Over Claims of 'Unlawful' Layoffs! 

Conclusion 

The damages awarded by the District Court now stand confirmed, while the injunction will undergo fresh review. The case will remain active as the lower court reconsiders the injunction conditions. 

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