Tata Consultancy Services Ltd.

Tata Consultancy Services (TCS) is currently trading at Rs. 1178.00, up by 3.60 points or 0.31% from its previous closing of Rs. 1174.40 on the BSE.

The scrip opened at Rs. 1172.00 and has touched a high and low of Rs. 1179.00 and Rs. 1169.10 respectively. So far 4,868 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1247.00 on 06-Apr-2011 and a 52 week low of Rs. 902.90 on 22-Aug-2011.

Last one week high and low of the scrip stood at Rs. 1209.80 and Rs. 1152.60 respectively. The current market cap of the company is Rs. 2,30,560.00 crore.

The promoters holding in the company stood at 74.08% while Institutions and Non-Institutions held 20.91% and 5.01% respectively.

TCS, the country's largest software exporter has added 200 customers for its cloud-based solution for small businesses, iON, which was launched last year.  iON uses cloud computing technology to deliver on-demand services to small and medium businesses. By the end of 2011, the company had targeted 1,000 clients and expects revenues from the product to cross the $1 billion mark in five years.

Recently, TCS has bagged a five-year contract from digital advertising solutions provider Call Genie to distribute the latter’s suite of products worldwide. TCS will resell the full suite of ‘Call Genie’ and ‘UpSnap’ mobile products worldwide.