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TCS gains on expanding partnership with Alcatel-Lucent Enterprise

06 Jun 2018 Evaluate

Tata Consultancy Services (TCS) is currently trading at Rs. 1730.50, up by 9.30 points or 0.54% from its previous closing of Rs. 1721.20 on the BSE.

The scrip opened at Rs. 1724.70 and has touched a high and low of Rs. 1735.30 and Rs. 1716.30 respectively. So far 34190 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1837.00 on 25-May-2018 and a 52 week low of Rs. 1162.50 on 07-Jul-2017.

Last one week high and low of the scrip stood at Rs. 1760.00 and Rs. 1712.90 respectively. The current market cap of the company is Rs. 662343.51 crore.

The promoters holding in the company stood at 71.92%, while Institutions and Non-Institutions held 23.81% and 4.22% respectively.

Tata Consultancy Services (TCS) has expanded strategic partnership with Alcatel-Lucent Enterprise (ALE), a leading provider of On-premise and Cloud-hosted Communications and Networking solutions for small, medium and large enterprises. TCS and ALE have a multidimensional partnership spanning across R&D, IT, and Business Process Services.

ALE has partnered with TCS, to boost the digital transformation of their product portfolio and make them cloud ready, fully IP-centric and virtualized. This will enable their next generation enterprise customers compete in a digital world where instant enterprise collaboration and unified multi-channel communication are increasingly becoming key to success in the marketplace. As part of this relationship, TCS and ALE will also collaborate on creating new capabilities and features to the Unified Communication platform like adding new vertical solutions to deliver exponential value for ALE customers across industry verticals.

TCS is an IT services, consulting and business solutions provider that has been partnering with the world’s largest businesses in their transformation journeys for the last fifty years.

TCS Share Price

2413.65 -108.90 (-4.32%)
24-Apr-2026 11:50 View Price Chart
Peers
Company Name CMP
TCS 2413.65
Infosys 1169.90
HCL Tech. 1215.50
Wipro 199.25
Tech Mahindra 1361.95
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