Company Profile

TATA CONSULTANCY SERVICES LTD.

NSE : TCSBSE : 532540ISIN CODE : INE467B01029Industry : IT - Software House : Tata
BSE2233.650.1 (+0 % )
PREV CLOSE (Rs.) 2233.55
OPEN PRICE (Rs.) 2264.00
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 260133
TODAY'S LOW / HIGH (Rs.)2220.95 2332.00
52 WK LOW / HIGH (Rs.)1504.4 2332
NSE2234.75 0.85 (+0.04 % )
PREV CLOSE(Rs.) 2233.90
OPEN PRICE (Rs.) 2244.00
BID PRICE (QTY) 2234.75 (3255 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 8582120
TODAY'S LOW / HIGH(Rs.) 2220.10 2333.00
52 WK LOW / HIGH (Rs.)1506.05 2333

Company News

Date Heading Details
16-Jul-2020 TCS iON launches Youth Employability & Entrepreneurship Programme <p align="justify">Tata Consultancy Services' (TCS) strategic unit TCS iON has unveiled the TCS iON Youth Employability &amp; Entrepreneurship Programme (YEEP) for students undertaking vocational courses, on the occasion of World Youth Skills Day. The program is built in collaboration with the Entrepreneurship Development Institute of India (EDII) Ahmedabad, a national resource institute in the field of entrepreneurship education, research, training and institution building.</p><p align="justify">TCS iON YEEP is delivered in a phygital model and aims at holistic development by enhancing life, career and entrepreneurial skills of youth who are pursuing or have completed their diploma, ITI and other vocational programs. It includes well-researched high-quality digital learning resources, group exercises and tools to benchmark and improve oneself. Students can also view and apply for job opportunities across industries and receive mentoring for various facets of self-employment from a local pool of subject matter experts. </p><p align="justify">Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world's largest businesses in their transformation journeys for over 50 years.<br></p>
16-Jul-2020 Tata Motors, Cochin Shipyard and Apollo Tyres to see some action today <p align="justify"><strong>Tata Motors'</strong> wholly owned subsidiary -- Jaguar Land Rover (JLR) has unveiled its MY (Model Year) 21 Range Rover and Range Rover Sport models, including cars with new mild hybrid electric vehicle engine. The 2021 MY offering also includes 50th-anniversary special editions and India-specific cars.</p><p align="justify"><strong>Cochin Shipyard</strong> (CSL), Kochi has signed contracts for construction and supply of two Autonomous Electric Ferry for ASKO Maritime AS, Norway with an option to build 2 more identical vessels. CSL is the largest commercial shipbuilder in India. The company clinched this prestigious export order from ASKO Maritime AS, the subsidiary group of Norges Gruppen ASA, one of the largest players in the Norwegian retail segment. </p><p align="justify"><strong>Apollo Tyres</strong> is aiming for leadership in the premium two-wheeler segment in India, and service the global markets with high-end bias and steel radial tyres. The premium segment constitutes nearly 20% of the two - wheeler market in India and is the fastest growing one. This segment is witnessing an increasing shift and growth due to rapid urbanisation, rising consumer income levels and increasing young population, which is driving the demand for tyres as well in this category. </p><p align="justify"><strong>Titagarh Wagons</strong> (TWL) has acquired the shares held by Matiere S.A.S., France (Matiere), representing 50% of the paid-up share capital of Matiere Titagarh Bridges (MTBPL), a joint venture company of TWL. As a result of the above, the shareholding of the company in MTBPL has changed from 50% to 100% and thus MTBPL has become a wholly-owned subsidiary of the company with effect from July 14, 2020. </p><p align="justify"><strong>Tata Consultancy Services'</strong> (TCS) strategic unit-- TCS iON has unveiled the TCS iON Youth Employability &amp; Entrepreneurship Programme (YEEP) for students undertaking vocational courses, on the occasion of World Youth Skills Day. The program is built in collaboration with the Entrepreneurship Development Institute of India (EDII) Ahmedabad, a national resource institute in the field of entrepreneurship education, research, training and institution building.</p><p align="justify"><strong>India Steel Works</strong> has restarted its operations/manufacturing activities at steel plant situated at Khopoli in a phased manner after obtaining the requisite approvals from the concerned Statutory Authorities.&nbsp; The management is also assessing the other operating requirements like customer order, cash flow condition, employees attendance, operations etc., and based on its assessment, the management is of the opinion that the operations of the company will be stabilized when normalcy at all level will be attained. The Company will continue to ensure health and safety of its workforce while remaining compliant with all the directives of competent authorities issued time to time.</p><p align="justify"><strong>IDBI Bank</strong> is planning to raise up to Rs 11,000 crore equity capital through various modes, including a qualified institutional placement (QIP), in about a year to strengthen its capital base. The lender will seek approval from shareholders for the proposal in the upcoming annual general meeting (AGM) on August 17, 2020.</p><p align="justify"><strong>Ugro Capital</strong> has issued and allotted 200 units of commercial paper (CP) of face value Rs 5,00,000 each, aggregating to total face value of Rs 10 crore at a discount rate of 7.95% p.a.<br></p>
16-Jul-2020 TCS shines on the bourses <p align="justify">Tata Consultancy Services is currently trading at Rs. 2303.50, up by 69.95 points or 3.13% from its previous closing of Rs. 2233.55 on the BSE.<p align="justify">The scrip opened at Rs. 2264.00 and has touched a high and low of Rs. 2332.00 and Rs. 2245.40 respectively. So far 132881 shares were traded on the counter.<p align="justify">The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2332.00 on 16-Jul-2020 and a 52 week low of Rs. 1504.40 on 13-Mar-2020.<p align="justify">Last one week high and low of the scrip stood at Rs. 2332.00 and Rs. 2166.30 respectively. The current market cap of the company is Rs. 864455.63 crore.<p align="justify">The promoters holding in the company stood at 72.05%, while Institutions and Non-Institutions held 23.87% and 4.01% respectively.<p align="justify">Tata Consultancy Services' (TCS) strategic unit TCS iON has unveiled the TCS iON Youth Employability &amp; Entrepreneurship Programme (YEEP) for students undertaking vocational courses, on the occasion of World Youth Skills Day. The program is built in collaboration with the Entrepreneurship Development Institute of India (EDII) Ahmedabad, a national resource institute in the field of entrepreneurship education, research, training and institution building.<p align="justify">TCS iON YEEP is delivered in a phygital model and aims at holistic development by enhancing life, career and entrepreneurial skills of youth who are pursuing or have completed their diploma, ITI and other vocational programs. It includes well-researched high-quality digital learning resources, group exercises and tools to benchmark and improve oneself. Students can also view and apply for job opportunities across industries and receive mentoring for various facets of self-employment from a local pool of subject matter experts.<p align="justify">Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world's largest businesses in their transformation journeys for over 50 years.</p>
15-Jul-2020 TCS ranked second largest among UK Software and IT Services Companies <div align="justify"><span>Tata Consultancy Services (TCS) has been ranked second among the Top 30 Suppliers of Software and IT Services to the UK Market by TechMarketView. </span><font face="sans-serif"><span>The report is compiled through a detailed analysis of the UK revenues of over 200 publicly quoted and privately held companies. These suppliers represent the overwhelming majority of the total UK software and IT services marketplace. TCS has moved up the ranks by three places from last year's fifth position, following its double-digit revenue growth in FY 2020. TCS has also been ranked highly in various subcategories including Consulting (ranked 2), Solutions (ranked 2) and Applications Operations (ranked 1).&nbsp;</span></font></div><font face="sans-serif"><span><div align="justify"><br></div></span></font><div align="justify"><font face="sans-serif"><span>Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world's largest businesses in their transformation journeys for over 50 years.</span></font></div><div align="justify"><br></div>
15-Jul-2020 TCS trades higher on the bourses <p align="justify">Tata Consultancy Services is currently trading at Rs. 2233.25, up by 61.55 points or 2.83% from its previous closing of Rs. 2171.70 on the BSE.<br></p><p align="justify">The scrip opened at Rs. 2183.00 and has touched a high and low of Rs. 2259.15 and Rs. 2183.00 respectively. So far 97368 shares were traded on the counter.<br></p><p align="justify">The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2301.85 on 07-Jul-2020 and a 52 week low of Rs. 1504.40 on 13-Mar-2020.<br></p><p align="justify">Last one week high and low of the scrip stood at Rs. 2259.15 and Rs. 2166.30 respectively. The current market cap of the company is Rs. 836819.31 crore.<br></p><p align="justify">The promoters holding in the company stood at 72.05%, while Institutions and Non-Institutions held 23.87% and 4.01% respectively.<br></p><p align="justify">Tata Consultancy Services (TCS) has been ranked second among the Top 30 Suppliers of Software and IT Services to the UK Market by TechMarketView. The report is compiled through a detailed analysis of the UK revenues of over 200 publicly quoted and privately held companies. These suppliers represent the overwhelming majority of the total UK software and IT services marketplace. TCS has moved up the ranks by three places from last year's fifth position, following its double-digit revenue growth in FY 2020. TCS has also been ranked highly in various subcategories including Consulting (ranked 2), Solutions (ranked 2) and Applications Operations (ranked 1). <br></p><p align="justify">Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world's largest businesses in their transformation journeys for over 50 years.</p><p align="justify"><br></p>
10-Jul-2020 TCS reports 14% fall in Q1 consolidated net profit <p align="justify">Tata Consultancy Services (TCS) has reported results for first quarter ended June 30, 2020.</p><p align="justify">The company has reported 30.04% fall in its net profit of Rs 6096 crore for the quarter under review as compared to Rs 8714 crore for the same quarter in the previous year. Total income of the company decreased by 7.26% at Rs 32330 crore for Q1FY21 as compared Rs 34862 crore for the corresponding quarter previous year.</p><p align="justify">On the consolidated basis, the company has reported 13.81% fall in its net profit attributable to shareholders of Rs 7008 crore for the quarter under review as against Rs 8131 crore for the same quarter in the previous year. Total income of the company decreased by 2.33% at Rs 38920 crore for Q1FY21 as compared Rs 39847 crore for the corresponding quarter previous year.<br></p>
10-Jul-2020 TCS shines despite reporting 14% fall in Q1 consolidated net profit <p align="justify">Tata Consultancy Services is currently trading at Rs. 2230.00, up by 25.65 points or 1.16% from its previous closing of Rs. 2204.35 on the BSE.</p><p align="justify">The scrip opened at Rs. 2200.00 and has touched a high and low of Rs. 2249.15 and Rs. 2177.25 respectively. So far 195333 shares were traded on the counter.</p><p align="justify">The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2301.85 on 07-Jul-2020 and a 52 week low of Rs. 1504.40 on 13-Mar-2020.</p><p align="justify">Last one week high and low of the scrip stood at Rs. 2301.85 and Rs. 2177.25 respectively. The current market cap of the company is Rs. 839671.13 crore.</p><p align="justify">The promoters holding in the company stood at 72.05%, while Institutions and Non-Institutions held 23.80% and 4.14% respectively.</p><p align="justify">Tata Consultancy Services (TCS) has reported 30.04% fall in its net profit of Rs 6096 crore for the quarter ended June 30, 2020 as compared to Rs 8714 crore for the same quarter in the previous year. Total income of the company decreased by 7.26% at Rs 32330 crore for Q1FY21 as compared Rs 34862 crore for the corresponding quarter previous year.</p><p align="justify">On the consolidated basis, the company has reported 13.81% fall in its net profit attributable to shareholders of Rs 7008 crore for the quarter ended June 30, 2020 as against Rs 8131 crore for the same quarter in the previous year. Total income of the company decreased by 2.33% at Rs 38920 crore for Q1FY21 as compared Rs 39847 crore for the corresponding quarter previous year.</p>
08-Jul-2020 TCS launches Quartz Smart Solution for Crypto Services <div align="justify">Tata Consultancy Services (TCS) has launched Quartz Smart Solution for Crypto Services, a next-gen, digitally powered offering for banks and investment firms to provide secure and seamless cryptocurrency trading to their clientele. The solution is designed to support multiple cryptocurrencies and stable coins, digital currencies linked to fiat currencies, trading venues and public blockchain networks, thus offering choice and flexibility to customers when deciding their trading and investment strategies. Importantly, it can help banks and investment firms offer their customers the ability to transfer payments in the form of ‘digital cash', and benefit from lower transaction costs and quicker access to liquidity.</div><div align="justify"><br></div><div align="justify">Quartz Smart Solution for Crypto Services comes integrated with a best-in-class hardware security module that enables cryptographic signing of each transaction, thereby ensuring security and authenticity. With state-of-the-art features such as multi-signature wallets with an in-built authorization engine that enables configurable transaction approval policies, blockchain forensic checks, auto reconciliation and compliance alerts, exchange and OTC desk connectivity and audit capabilities, among others, it ensures that a transaction is executed only after proper validation as well as authorization by the user.<br><br></div><div align="justify">Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world's largest businesses in their transformation journeys for over 50 years.</div><div align="justify"><br><br></div>
07-Jul-2020 TCS expands partnership with Tryg <p align="justify">Tata Consultancy Services (TCS) has expanded its decade-long partnership with Tryg, one of the largest non-life insurance companies in the Nordic region, to help the latter adopt a future-ready technology stack and IT operating model that will accelerate its digital transformation journey. As part of the expanded partnership, TCS will provide mainframe hosting and operations, and implement a future-proof hybrid cloud architecture that leverages the TCS Enterprise Cloud platform to revitalize Tryg's IT landscape and drive synergy across all areas of IT by bringing business agility, flexibility, and scalability.<br></p><p align="justify">Additionally, the company will help Tryg transform its IT operations, enabling newer ways of working with the Machine First Delivery Model (MFDM) model, powered by ignio AIOps. The new IT operating model will be leaner and more efficient, with cognitive automation at its core, endowing the technology stack with a self-healing capability that will increase the availability of critical customer-facing business applications, improve operational resilience, and enhance end-user experience. The new model will also accelerate the adoption of Agile and DevOps throughout the organization, significantly boosting Tryg's responsiveness to shifting customer preferences, speed to market, and adaptability.<br></p><p align="justify">Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world's largest businesses in their transformation journeys for over 50 years.</p><p align="justify"><br></p>
06-Jul-2020 TCS deploys digital solution for London's new freight ferry port <P align=justify>Tata Consultancy Services (TCS) has successfully deployed TCS DynaPORT, a state-of-the-art terminal operating system at Tilbury2 Ro-Ro, Forth Ports' latest unaccompanied freight ferry terminal opened recently in London. The company has implemented this solution on schedule, 100% virtually during the COVID-19 lockdowns, leveraging the Secure Borderless Workspaces (SBWS) model.<BR><P align=justify>Tilbury2 Ro-Ro terminal is a 500,000-freight unit ferry terminal at the port of Tilbury on the River Thames, London. The bespoke terminal operates on unaccompanied freight mode, importing and exporting freight containing vital supplies for the UK, including food, drink and medicines to and from continental Europe. To streamline its operations, establish world-class benchmarks, and support its future growth, Forth Ports selected TCS' DynaPORT as its terminal operating system. The platform is already implemented within Forth Ports Lo-Lo container terminals operating at the Port of Tilbury and the Port of Grangemouth in Scotland, allowing all three freight terminals to operate on the same IT platform.<BR><P align=justify>TCS DynaPORT is a one-stop digital terminal operating solution that streamlines order-to-invoice processes and supports multi-modal (vessel, rail, truck and barge) and multi-purpose (container, breakbulk, liquid bulk, dry bulk and ro-ro) requirements. It currently powers over 80 terminals across the globe.<BR><P align=justify>Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world's largest businesses in their transformation journeys for over 50 years.<P align=justify><BR>