TCS trades higher on the bourses

05 Aug 2013

Tata Consultancy Services is currently trading at Rs. 1868.00, up by 22.65 points or 1.23% from its previous closing of Rs. 1845.35 on the BSE.

The scrip opened at Rs. 1838.20 and has touched a high and low of Rs. 1874.80 and Rs. 1838.20 respectively. So far 40396 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1874.80 on 05-Aug-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. 1874.80 and Rs. 1755.00 respectively. The current market cap of the company is Rs. 366010.11 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, a leading IT services, consulting and business solutions firm, has been selected by Australian Pharmaceutical Industries (API), a leading beauty and health retail company in Australia to deliver a major IT and business transformation program whereby TCS will deliver SAP technology to unify and enhance mission-critical IT systems across API's retail and wholesale operations.

After a series of mergers and acquisitions and fast-paced business growth, API needed to update and replace many of its key IT systems. API selected TCS as its strategic partner and under the terms of the agreement, TCS will deliver API with a SAP ERP platform that integrates with API's legacy systems providing improvements in mission-critical business operations such as Merchandising, Sales and Customer Service, Logistics and Finance. API will benefit from enhanced customer service capabilities, improved logistics and finance processes, and better operational efficiencies.

Tata Consultancy Services is an IT services, consulting and business solutions organisation 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.

 

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