Tata Consultancy Services Ltd.

BSE: 532540 | NSE: TCS
Large Cap | IT - Software
3235.70
27.70 (0.86%)
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TCS shines on the bourses

Date: 25-02-2013

TCS is currently trading at Rs. 1466.70, up by 12.25 points or 0.84% from its previous closing of Rs. 1454.45 on the BSE.

The scrip opened at Rs. 1452.00 and has touched a high and low of Rs. 1473.90 and Rs. 1452.00 respectively. So far 47,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1473.90 on 25-Feb-2013 and a 52 week low of Rs. 1046.55 on 23-Apr-2012.

Last one week high and low of the scrip stood at Rs. 1462.95 and Rs. 1375.00 respectively. The current market cap of the company is Rs. 2, 87,065 crore.

The promoters holding in the company stood at 73.96% while Institutions and Non-Institutions held 21.41% and 4.63% respectively.

Tata Consultancy Services (TCS), a leading IT services provider is planning to expand its operations in UK. The company has invested in a new delivery system in Liverpool, dedicated to delivering government services that require Impact level 3 (IL3) security constraints.

The IT firm has decided to use the facility to deliver services to the home office, following a multi-million, multi-year contract that was awarded in November 2012, to manage the technology needs and support services of the newly formed Disclosure and Barring Service (DBS).

The new delivery facility will offer a secure applications development and maintenance centre for business applications and operational delivery center for outsourced business process and IT services. This new facility in Liverpool will be fully operational in July 2013 and will house over 300 employees.