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TCS surges after MyState implements BaNCS for core banking

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

19 Dec 2013 Evaluate

Tata Consultancy Services (TCS) is currently trading at Rs. 2095.80, up by 41.50 points or 2.02% from its previous closing of Rs. 2054.30 on the BSE.

The scrip opened at Rs. 2065.00 and has touched a high and low of Rs. 2108.90 and Rs. 2061.00 respectively. So far 81808 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. 1215.75 on 19-Dec-2012.

Last one week high and low of the scrip stood at Rs. 2108.90 and Rs. 1960.00 respectively. The current market cap of the company is Rs. 409756.10 crore.

The promoters holding in the company stood at 73.96% while Institutions and Non-Institutions held 21.67% and 4.37% respectively.

MyState, an ASX-listed diversified financial group in Australia, has implemented TCS BaNCS for core banking. TCS BaNCS has been successfully implemented, as it allows the company to provide even more competitive products and services to its customers in the future, and it forms part of an ongoing business improvement strategy to make organisation more competitive, and pave the way for further growth.

The implementation realises further benefits of the merger between MyState and The Rock, a major provider of financial and insurance services to the Central Queensland region.

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.

TCS Share Price

2588.60 6.95 (0.27%)

20-Apr-2026 14:59 View Price Chart

Peers

Company Name	CMP
TCS	2588.60
Infosys	1314.40
HCL Tech.	1433.85
Wipro	202.70
Tech Mahindra	1511.20
View more..

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TCS surges after MyState implements BaNCS for core banking

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