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TCS advances on launching ‘BaNCS App Development Kit’

09 Jun 2017

Tata Consultancy Services (TCS) is currently trading at Rs. 2526.05, up by 4.55 points or 0.18% from its previous closing of Rs. 2521.50 on the BSE.

The scrip opened at Rs. 2516.00 and has touched a high and low of Rs. 2545.50 and Rs. 2489.00 respectively. So far 28,000 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 16-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. 2489.00 respectively. The current market cap of the company is Rs. 4,98,035.00 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 ‘BaNCS App Development Kit’ (ADK) that enables banks to design and build their own Apps faster and seamlessly deploy across devices and desktops.

Such an architecture allows enterprises to completely reimagine different aspects of their businesses. The core of this need is to have an App Development Environment that can let banks reimagine their business processes, products and services as a series of Enterprise and Consumer Apps with the necessary connectivity to the back-end core systems.

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.

Related Tata Consultancy Services Ltd. Links:

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323