TCS moves up on entering into new partnership with Cornell Tech

05 Dec 2017

Tata Consultancy Services is currently trading at Rs. 2640.65, up by 7.30 points or 0.28% from its previous closing of Rs. 2633.35 on the BSE.

The scrip opened at Rs. 2620.00 and has touched a high and low of Rs. 2645.00 and Rs. 2620.00 respectively. So far 2428 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2774.00 on 13-Nov-2017 and a 52 week low of Rs. 2151.00 on 07-Dec-2016.

Last one week high and low of the scrip stood at Rs. 2,692.30 and Rs. 2603.70 respectively. The current market cap of the company is Rs. 505572.92 crore.

The promoters holding in the company stood at 73.57%, while Institutions and Non-Institutions held 22.26% and 4.18% respectively.

Tata Consultancy Services (TCS) has entered into a new partnership with Cornell Tech, the first university campus designed for the digital age, to collaborate on technology research and expand K-12 digital literacy programs in New York City.

As part of the new partnership, Cornell Tech has inaugurated the Tata Innovation Center on its campus following a $50 million investment in the University from TCS. The center, formerly known as The Bridge, brings academia and industry together under one roof to share ideas and research on next-generation digital technologies and how to commercialize new areas of collaboration.

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. The company offers a consulting-led, integrated portfolio of IT, BPS, infrastructure, engineering and assurance services.

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