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TCS gains on modernizing and automating taxation system in Zambia

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

31 Jul 2013 Evaluate

Tata Consultancy Services is currently trading at Rs. 1807.00, up by 16.15 points or 0.90% from its previous closing of Rs. 1790.85 on the BSE.

The scrip opened at Rs. 1789.00 and has touched a high and low of Rs. 1807.05 and Rs. 1789.00 respectively. So far 8,815 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1808.00 on 25-Jul-2013 and a 52 week low of Rs. 1197.60 on 18-Dec-2012.

Last one week high and low of the scrip stood at Rs. 1808.00 and Rs. 1740.00 respectively. The current market cap of the company is Rs. 3,53,669.00 crore.

The promoters holding in the company stood at 73.96% while Institutions and Non-Institutions held 21.57% and 4.47% respectively.

Tata Consultancy Services (TCS), a leading IT services, business solutions and consulting firm, has won a three year contract from the Zambia Revenue Authority (ZRA) for the modernization of its domestic tax system. This is the company's third revenue and tax system automation project in the African region after a successful implementation for Uganda Revenue Authority and ongoing implementation for Kenya Revenue Authority.

To carry out this transformational engagement, ZRA realized that it needed a strategic partner with strong domain expertise in executing tax administration systems as well as a strong technology credibility. TCS was the ideal choice having done more than 15 tax framework implementations in India, seven in USA and two in Africa. The scope of the project includes providing an integrated tax software application based on TCS' taxation framework, taxpayer 24/7 portal for e-services delivery, data migration, training, roll-out, warranty and operational support.

Tata Consultancy Services is an IT services, consulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT, BPO, infrastructure, engineering and assurance services.

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 gains on modernizing and automating taxation system in Zambia

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