New Delhi, Sept. 16 -- TCS share price has declined nearly 25% on a year-to-date (YTD) basis, in line with the weakness seen across the broader IT sector amid persistent global headwinds. The Nifty IT index has fallen about 17% during the same period.

Despite the downturn, analysts remain optimistic about the company's long-term prospects and view the current correction as a potential buying opportunity.

Anuj Gupta, Director at Ya Wealth, maintained a positive outlook on Tata Consultancy Services (TCS), citing the company's strong fundamentals.

"TCS, the largest software services exporter in India, has consistently delivered revenue and profit growth in recent years. The IT major is investing heavily in expanding its infrastructure and...