TCS gains on launching intelligent power plant solution

05 Dec 2018

Tata Consultancy Services is currently trading at Rs. 2014.15, up by 4.75 points or 0.24% from its previous closing of Rs. 2009.40 on the BSE.

The scrip opened at Rs. 2009.40 and has touched a high and low of Rs. 2017.50 and Rs. 1985.00 respectively. So far 79389 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. 2019.30 and Rs. 1943.65 respectively. The current market cap of the company is Rs. 755673.99 crore.

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

Tata Consultancy Services (TCS) has launched its intelligent power plant solution, TCS IP2, to help power generating utilities digitally transform their operations and gain a competitive edge in the dynamic power market. The solution will support critical plant assets for uninterrupted power generation, improve operational efficiency, and minimize emissions.

The increasing share of decentralized renewable power generation sources and the fluctuating structural needs of generation, transmission and distribution are creating challenges for power plants in their price competitiveness, operational flexibility, and compliance with ever tightening emission standards.

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.

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2195.60 17.05 (0.78%) Nov 14, 16:57
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