TCS inches up on launching TCS Quantum Computing Lab on AWS

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

29 Nov 2022 Evaluate

Tata Consultancy Services is currently trading at Rs. 3409.95, up by 12.55 points or 0.37% from its previous closing of Rs. 3397.40 on the BSE.

The scrip opened at Rs. 3380.25 and has touched a high and low of Rs. 3424.80 and Rs. 3380.25 respectively. So far 30217 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 4045.50 on 18-Jan-2022 and a 52 week low of Rs. 2926.00 on 26-Sep-2022.

Last one week high and low of the scrip stood at Rs. 3424.80 and Rs. 3290.75 respectively. The current market cap of the company is Rs. 1245541.09 crore.

The promoters holding in the company stood at 72.30%, while Institutions and Non-Institutions held 21.63% and 6.06% respectively.

Tata Consultancy Services (TCS) has launched the TCS Quantum Computing Lab on AWS to help enterprises explore, develop, and test business solutions and accelerate the adoption of quantum computing, considered one of the most promising technologies of the decade. While still in its nascent stages, quantum computing has the potential to help solve challenges too difficult for classical computers to solve in a timely manner today, such as enhanced detection of surface anomalies or optimization problems.

The new TCS Quantum Computing Lab on AWS will offer a virtual research and development environment leveraging Amazon Braket, a fully managed quantum computing service from AWS. TCS plans to leverage the lab to design industry-leading solutions, build domain-centric performance benchmarks, and drive hackathons.

TCS will help customers explore and co-create new use cases of quantum computing to tackle business challenges that defy the capabilities of conventional technologies. TCS will leverage its deep domain knowledge and competency across industries and technology expertise to use qubits to help customers design transformational solutions in areas like portfolio risk evaluation, secure communication ecosystems, predicting customer behavior, and production planning.

Working with partners across technology providers, academia, and the startup ecosystem, TCS has been investing in quantum computing research for over four years, which has already resulted in two patent filings and progress toward advancing artificial intelligence, optimization, cryptography, and digital security. TCS also contributes to standard bodies and various government initiatives in quantum computing.

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

2069.05 21.30 (1.04%)

10-Jul-2026 16:59 View Price Chart

Peers

Company Name	CMP
TCS	2069.05
Infosys	1068.05
HCL Technologies	1162.65
Wipro	175.35
Tech Mahindra	1455.45
View more..

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