TCS soars on partnering with ENGIE Laborelec

12 Nov 2018 Evaluate

Tata Consultancy Services (TCS) is currently trading at Rs. 1938.25, up by 28.45 points or 1.49% from its previous closing of Rs. 1909.80 on the BSE.

The scrip opened at Rs. 1910.00 and has touched a high and low of Rs. 1944.85 and Rs. 1909.80 respectively. So far 50214 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2273.00 on 01-Oct-2018 and a 52 week low of Rs. 1248.45 on 18-Dec-2017.

Last one week high and low of the scrip stood at Rs. 1962.95 and Rs. 1885.00 respectively. The current market cap of the company is Rs. 725354.73 crore.

The promoters holding in the company stood at 72.05%, while Institutions and Non-Institutions held 23.54% and 4.42% respectively.

TCS has partnered with ENGIE Laborelec, a leading utilities research center, and part of the ENGIE Group. The partnership will focus on developing new products and services for the utilities sector to deliver protection against emerging cyber security threats.

The collaboration between TCS and ENGIE Laborelec will bring together the expertise of two industry leaders in their respective domains to create unique value for the utilities sector.

The partnership will also help prepare the industry for the European Union's recently implemented National Infrastructure Security (NIS) Directive. The NIS Directive is the first piece of EU-wide legislation on cyber security and has special provisions for organizations providing critical services such as energy, water, and digital infrastructure.

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

3522.00 -15.25 (-0.43%)
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