TCS rises on partnering with Three UK

18 Jan 2021 Evaluate

Tata Consultancy Services is currently trading at Rs. 3244.70, up by 11.10 points or 0.34% from its previous closing of Rs. 3233.60 on the BSE.

The scrip opened at Rs. 3249.00 and has touched a high and low of Rs. 3255.50 and Rs. 3186.60 respectively. So far 120357 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3273.85 on 15-Jan-2021 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. 3273.85 and Rs. 3120.00 respectively. The current market cap of the company is Rs. 1207067.11 crore.

The promoters holding in the company stood at 72.05%, while Institutions and Non-Institutions held 23.59% and 4.29% respectively.

Tata Consultancy Services (TCS) has been selected by Three UK, one of the UK’s leading mobile network carriers, to help the latter configure its mobile network for its ongoing rollout of 5G services.

Three is in the process of deploying a new 5G radio access network which is already live in 175 towns and cities in the UK, across more than 1,000 sites, providing its customers with access to next generation 5G connectivity. It selected TCS as its partner to manage the configuration of a new core next generation mobile network, and ensure it integrates correctly with the 5G radio access network. This work will include configuring the core network for new site deployments, site upgrades, performance management, and 3G and 4G tuning changes.

TCS 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

3883.55 46.05 (1.20%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
TCS 3883.55
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Tech Mahindra 1250.40
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