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TCS surges after helping Extreme Networks to digitally transform to subscription-based service model

08 Dec 2020 Evaluate

Tata Consultancy Services is currently trading at Rs. 2753.85, up by 17.85 points or 0.65% from its previous closing of Rs. 2736.00 on the BSE.

The scrip opened at Rs. 2745.00 and has touched a high and low of Rs. 2761.15 and Rs. 2733.00 respectively. So far 26059 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2885.00 on 08-Oct-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. 2768.80 and Rs. 2700.00 respectively. The current market cap of the company is Rs. 1031155.32 crore.

The promoters holding in the company stood at 72.05%, while Institutions and Non-Institutions held 23.85% and 4.03% respectively.

Tata Consultancy Services (TCS) has helped Extreme Networks to successfully adopt a flexible consumption-as-a-service subscription model, enabling the roll-out of its ExtremeCloud IQ cloud management platform, strengthening its customer relationships and helping the cloud-driven networking leader gain market share.

The company was chosen as a strategic partner by Extreme Networks in their digital transformation journey to unlock the power of the subscription-based economy by spearheading this business-critical initiative from conceptualization and design to solution implementation. The transformation required changes in processes and underlying systems across the customer engagement lifecycle, including offer creation to marketing, sales, fulfillment, and renewals. In addition to these changes, new capabilities like subscription billing, and new business performance metrics were also introduced.

Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world’s largest businesses in their transformation journeys for over 50 years.

TCS Share Price

2581.65 4.55 (0.18%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
TCS 2581.65
Infosys 1318.60
HCL Tech. 1442.50
Wipro 204.35
Tech Mahindra 1511.85
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