Tata Consultancy Services trades higher on the BSE

06 Aug 2013

Tata Consultancy Services is currently trading at Rs 1875.40, up by 8.75 points or 0.47% from its previous closing of Rs 1866.65 on the BSE.

The scrip opened at Rs 1869.00 and has touched a high and low of Rs 1881.00 and Rs 1866.00 respectively. So far 26644 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 1 has touched a 52 week high of Rs 1876.00 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 1876.00 and Rs 1776.00 respectively. The current market cap of the company is Rs 367526.96 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, consulting, and business solutions organization, have hired 174 college graduates this year. These new hires are a continuation of TCS' history of sustaining and adding STEM (Science, Technology, Engineering, and Mathematics) jobs to meet the demands of its global customers. Over the past four years, the company has recruited over 500 highly skilled college graduates across the United States.

These new hires hail from 26 states plus the District of Columbia across 71 different universities. Seventy-four of the new hires joined in April and June; the remaining 100 new hires will join TCS in waves throughout the summer. All of TCS' new employees will undergo TCS' Initial Learning Program, a six to twelve week long talent development training program, housed out of TCS' Cincinnati, OH facility. After they have completed their training program, 100 of the hires will be based at the Cincinnati campus, which has a vibrant workforce of over 600 employees. The remaining 74 will be working in locations across the country to support the business growth in those markets.

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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