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TCS inches up on partnering with Lexmark

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

14 Aug 2023 Evaluate

Tata Consultancy Services is currently trading at Rs. 3449.80, up by 0.45 points or 0.01% from its previous closing of Rs. 3449.35 on the BSE.

The scrip opened at Rs. 3425.05 and has touched a high and low of Rs. 3452.05 and Rs. 3410.30 respectively. So far 82420 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3575.00 on 16-Feb-2023 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. 3487.75 and Rs. 3410.30 respectively. The current market cap of the company is Rs. 1261000.58 crore.

The promoters holding in the company stood at 72.30%, while Institutions and Non-Institutions held 22.32% and 5.38% respectively.

Tata Consultancy Services (TCS) has been selected as a strategic partner by Lexmark, a global imaging and IoT solutions provider, to transform its enterprise applications, accelerate its cloud journey and scale up its innovation program. Lexmark has embarked on a journey to transform into a global leader in cloud-enabled imaging and IoT technologies through continuous innovation across enterprise solutions. In line with this vision, Lexmark selected TCS as its partner for a strategic cloud-first transformation initiative.

The company is moving Lexmark’s complex on premise workloads to a public cloud and designing a new agile cloud operating model leveraging automation and infrastructure-as-code. As part of this transformation, TCS is building a new future-ready digital core powered by SAP S4/HANA, simplifying business operations and elevating user experience across finance, order to cash, and supply chain functions.

The company will design a state-of-the-art business-aware command center that will monitor critical business processes end-to-end across the operations stack, including applications, data, infrastructure, and network. The command center will leverage TCS’ Machine First approach to enable a business outcome-driven, hyper-automated service delivery across business functions. The new operating model will progressively enable self-help and self-heal capabilities for proactive and predictive operations to elevate customer experience, boost business agility and drive operational resiliency.

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

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 partnering with Lexmark

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