TCS soars on entering into a strategic partnership with iRise

03 Mar 2015

Tata Consultancy Services (TCS) is currently trading at Rs. 2734.50, up by 64.35 points or 2.41% from its previous closing of Rs. 2670.15 on the BSE.

The scrip opened at Rs. 2670.00 and has touched a high and low of Rs. 2743.90 and Rs. 2670.00 respectively. So far 37555 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2834.00 on 07-Oct-2014 and a 52 week low of Rs. 2000.50 on 19-May-2014.

Last one week high and low of the scrip stood at Rs. 2743.90 and Rs. 2618.25 respectively. The current market cap of the company is Rs. 533978.63 crore.

The promoters holding in the company stood at 73.90% while Institutions and Non-Institutions held 21.54% and 4.56% respectively.

Tata Consultancy Services, a leading IT services, consulting and business solutions organization, has launched Business Process Innovation and Simulation & Visualization as a Service (VaaS) in a strategic partnership with iRise, the global leader in enterprise visualization and simulation software. TCS’ new offerings will enable customers to realize business solutions faster by accelerating time to value.

The partnership will help enterprises achieve business agility through integration of rapid simulation and visualization capability into established TCS Software Development processes. TCS’ VaaS offerings on iRise 10 software will enable customers to more precisely collaborate globally on application design, user scenarios, and specifications that drive development of business requirements, while covering all critical stages of customers’ business initiatives.

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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