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TCS inches up on expanding business operations in Texas

Tata Consultancy Services Ltd. | IT - Software | IT & ITES | BSE: 532540 | NSE: TCS

11 Dec 2020 Evaluate

Tata Consultancy Services is currently trading at Rs. 2801.95, up by 17.80 points or 0.64% from its previous closing of Rs. 2784.15 on the BSE.

The scrip opened at Rs. 2795.00 and has touched a high and low of Rs. 2804.95 and Rs. 2795.00 respectively.

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. 2840.00 and Rs. 2706.30 respectively. The current market cap of the company is Rs. 1044720.19 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 expanded its business operations in Austin, Texas with the construction of a new facility, doubling its presence to more than 400 professionals in the city and adding to its 5,500 plus employees across the state. Located at 13929 Center Lake Drive, the new facility will officially open in late December 2020 and have space for 367 employees.

The new TCS Austin office adds to existing offices in Dallas, Houston, and Plano and more than 30 TCS locations around the U.S. The company has hired more than 200 employees locally in Austin since 2019, of which more than 50 have been recent local graduates from the University of Texas at Austin, Houston and Dallas, and other U.S. colleges and universities. New employees are performing a range of digital business transformation roles in artificial intelligence, machine learning, enterprise software and technology operations. By 2022, the company will hire an additional 130 new employees in Austin, adding to the plans to hire 1,000 new employees across Texas. Over the next seven years, it will invest more than $100M in Austin.

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
View more..

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TCS inches up on expanding business operations in Texas

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