Tata Consultancy Services (TCS) is currently trading at Rs. 2693.90, up by 92.85 points or 3.57% from its previous closing of Rs. 2601.05 on the BSE.
The scrip opened at Rs. 2644.00 and has touched a high and low of Rs. 2707.40 and Rs. 2630.00 respectively. So far 111892 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2740.00 on 12-Aug-2016 and a 52 week low of Rs. 2054.70 on 15-Nov-2016.
Last one week high and low of the scrip stood at Rs. 2707.40 and Rs. 2525.60 respectively. The current market cap of the company is Rs. 532311.11 crore.
The promoters holding in the company stood at 73.31%, while institutions and non-institutions held 22.31% and 4.38% respectively.
TCS has launched ‘Engineering Environment as a Service’, a cloud based framework developed on the Red Hat OpenStack Platform. The framework will help increase utilization of business resources, lower infrastructure footprint and reduce operational costs.
The Engineering Environment as a Service framework enables anytime-anywhere development and test environment to product engineering teams across the globe, through a self-service portal. The framework allows for easier configuration of policies for scaling, high availability of services, greater security, and work load optimization.
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, BPS, infrastructure, engineering and assurance services.