TCS trades higher on the bourses

02 Sep 2014

Tata Consultancy Services is currently trading at Rs. 2549.75, up by 12.50 points or 0.49% from its previous closing of Rs. 2537.25 on the BSE.

The scrip opened at Rs. 2540.00 and has touched a high and low of Rs. 2551.85 and Rs. 2515.00 respectively. So far 23743 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2613.35 on 25-Jul-2014 and a 52 week low of Rs. 1895.10 on 16-Sep-2013.

Last one week high and low of the scrip stood at Rs. 2565.80 and Rs. 2499.00 respectively. The current market cap of the company is Rs. 497908.65 crore.

The promoters holding in the company stood at 73.90% while Institutions and Non-Institutions held 21.63% and 4.47% respectively.

Tata Consultancy Services (TCS) has initiated a new learning program for its trainee graduates in Japan. The TCS Japan Technology and Culture Academy is aiming to enhance technology and cultural knowledge and understanding between Indian and Japanese IT professionals.

The company has flagged off the first batch of 48 TCS Japan trainees who will proceed to India to undergo training for 6-8 weeks at various TCS locations. Apart from increasing their exposure to new technologies, the TCS Japan graduate trainees will learn about quality and other processes as well as business skills. This will be followed by on-the-job training on projects for six months.

In April this year, TCS and Mitsubishi Corp announced that they were merging their IT operations in Japan to create a new global scale player in the Japanese IT industry, with TCS having a 51% stake in the new venture called Tata Consultancy Services Japan.

TCS is an IT services, consulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT, BPO, infrastructure, engineering and assurance services.


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