Tata Consultancy Services is currently trading at Rs 2031.00, up by 0.75 points or 0.04% from its previous closing of Rs. 2030.25 on the BSE.
The scrip opened at Rs 2040.00 and has touched a high and low of Rs 2050.50 and Rs. 2028.70 respectively. So far 44440 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 1 has touched a 52 week high of Rs 2258.05 on 15-Oct-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 2104.90 and Rs. 2015.00 respectively. The current market cap of the company is Rs 399482.57 crore.
The promoters holding in the company stood at 73.96% while Institutions and Non-Institutions held 21.67% and 4.37% respectively.
Tata Consultancy Services (TCS) - software suite - ‘TCS BaNCS’ for insurance has expanded its support for personal and commercial lines of business through its proposed integration of ISO Electronic Rating Content - such as automated updates to loss costs, rules and policy form attachment logic - into the TCS BaNCS rating engine.
This feature eliminates the earlier practice of manually entering the loss costs and interpreting rating rules, which is both time-consuming and error-prone.
TCS BaNCS is a core banking software suite developed by TCS for use by retail banks. TCS BaNCS enables transformation in financial services through a superior and holistic suite of solutions for banks, capital market firms, insurance companies and diversified financial institutions.
