TCS rises on expanding strategic relationship with JetBlue

19 Aug 2016

TCS is currently trading at Rs. 2639.05, up by 2.35 points or 0.09% from its previous closing of Rs. 2636.70 on the BSE.

The scrip opened at Rs. 2636.00 and has touched a high and low of Rs. 2647.80 and Rs. 2631.50 respectively. So far 1,020 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2769.00 on 05-Oct-2015 and a 52 week low of Rs. 2119.00 on 29-Feb-2016.

Last one week high and low of the scrip stood at Rs. 2740.00 and Rs. 2618.00 respectively. The current market cap of the company is Rs. 5,20,192.00 crore.

The promoters holding in the company stood at 73.34%, while Institutions and Non-Institutions held 22.15% and 4.51% respectively.

Tata Consultancy Services (TCS) and JetBlue, one of the leading airlines in the US, are ramping up their relationship to strategically optimize and transform key business channels and enhance digital customer touch points.

As part of a recently signed strategic agreement, TCS will now manage several additional programs alongside JetBlue, including modernization of the airline's IT Foundation platform to enhance data analytics and operational agility, and developing innovative tools for customers and JetBlue crewmembers.

Tata Consultancy Services (TCS) is a global leader in IT services, digital and business solutions that partners with its clients to simplify, strengthen and transform their businesses.


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