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TCS gains as its Blockchain Product Quartz now available on Microsoft Azure

21 Sep 2020 Evaluate

Tata Consultancy Services is currently trading at Rs. 2469.20, up by 18.45 points or 0.75% from its previous closing of Rs. 2450.75 on the BSE.

The scrip opened at Rs. 2460.00 and has touched a high and low of Rs. 2505.00 and Rs. 2453.60 respectively. So far 114298 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2538.00 on 15-Sep-2020 and a 52 week low of Rs. 1504.40 on 13-Mar-2020.

Last one week high and low of the scrip stood at Rs. 2538.00 and Rs. 2377.00 respectively. The current market cap of the company is Rs. 934700.27 crore.

The promoters holding in the company stood at 72.05%, while Institutions and Non-Institutions held 23.87% and 4.01% respectively.

Tata Consultancy Services (TCS) has declared the general availability of its award-winning Quartz suite of blockchain based solutions on Microsoft Azure Blockchain Service. The Quartz suite of products helps organizations set up truly connected ecosystems delivering real-time, efficient transaction-processing based on a single source of truth on the ledger, hosted on a secure cloud. It comprises Smart Solutions, a ready-to-use set of verticalized business offerings for different industries using distributed ledger technology; the Quartz DevKit, a low code smart contract development kit to enable programming of high quality code on multiple blockchain platforms; the Quartz Gateway for the integration of existing solutions with varied ecosystems; and the Quartz Command Center that can administer and monitor entire ecosystems.

TCS has already signed up customers for Quartz on Azure and expects greater demand for its ready-to-use solutions off the Azure platform. The general availability of Quartz on Azure brings together the transformative power of business-ready, innovative, cloud-based blockchain solutions, with the scalability, security, availability and cost-efficiency of a trusted global public cloud platform. This is also expected to help customers significantly reduce their overall time to market and build competitive differentiation in a post-pandemic world.

TCS Share Price

2092.75 25.70 (1.24%)
03-Jul-2026 16:59 View Price Chart
Peers
Company Name CMP
TCS 2092.75
Infosys 1047.00
HCL Technologies 1139.85
Wipro 176.10
Tech Mahindra 1410.40
View more..

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