Tata Consultancy Services Ltd.

Tata Consultancy Services (TCS) is currently trading at Rs 1176.00, up by 1.60 points or 0.14% 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 1179.45 and Rs 1168.40 respectively. So far 18243 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 230394.27 crore.

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

Tata Consultancy Services (TCS), the country's largest software exporter is coming up with new campus of 40 acres at the satellite township of Rajarhat, near Kolkata. The campus will employ nearly 16,000 people. The company already has its owned and leased properties in the city.

Construction work has been delayed due to requisite clearances including building sanction plans from the authorities. The land had been allotted to the TCS during the tenure of the erstwhile Left Front government. The West Bengal Government has reportedly asked the IT major to speed up work on its campus.

Recently, TCS had 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.