Tata Consultancy Services rises on the BSE

20 Sep 2012 Evaluate

Tata Consultancy Services (TCS) is currently trading at Rs. 1319.20, up by 18.80 points or 1.45% from its previous closing of Rs. 1300.40 on the BSE.

The scrip opened at Rs. 1299.00 and has touched a high and low of Rs. 1322.00 and Rs. 1290.10 respectively. So far 25,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1438.00 on 14-Sep-2012 and a 52 week low of Rs. 970.00 on 26-Sep-2011.

Last one week high and low of the scrip stood at Rs. 1438.00 and Rs. 1290.10 respectively. The current market cap of the company is Rs. 2,58,196.00 crore.

The promoters holding in the company stood at 73.98% while Institutions and Non-Institutions held 21.34% and 4.68% respectively.

Tata Consultancy Services, the leading IT services, consulting and business solutions organization, has been designated as Leader in IT Application Outsourcing (AO) for banking by the Everest Group, an advisory and research firm on global services, in the Everest Group banking AO PEAK Matrix, published in the August 2012.

TCS was also the only company in the Leader category to also be recognized as a “2012 Banking AO Market Star Performer.” This distinction is awarded to those providers with the strongest forward movement over time - both in terms of market success and capability advancements.

Among the attributes that garnered TCS this honor are its strong focus on the banking vertical, its large and growing base of over 100 active banking AO clients, its more than 50 other products/solutions for the banking industry to support all banking line of businesses (LoBs) across all AO functions, and its proprietary banking solutions, which include the BaNCS platform.

The report is part of the Everest Group’s nine-part series of reports focused on AO in BFSI (banking, financial services and insurance industry) in 2012. In this research, Everest Group analyzed the capabilities of twenty five leading AO service providers, specific to the global banking sector. The providers were mapped on the Everest Group PEAK (Performance, Experience, Ability, Knowledge) Matrix, which is a composite index of a range of distinct metrics related to a provider’s capability and market success.

TCS Share Price

3892.90 62.20 (1.62%)
07-Jun-2024 16:01 View Price Chart
Peers
Company Name CMP
TCS 3892.90
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