Company Profile

Tata Consultancy Services’ (TCS) unified commerce platform, TCS OmniStore, part of TCS Algo Retail suite, has been named the Point of Sale Technology of the Year at the Retail Systems Awards 2020.

The Retail Systems Awards recognize technology excellence and innovation within the retail sector. TCS OmniStore was recognized for its open architecture and fluid technology stack that traverses channels, devices, data, and customer journeys - offering retailers enormous freedom and flexibility to reuse their existing infrastructure, leverage enterprise capabilities, and build new journeys, services and apps quickly without worrying about channel constraints.

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.

Tata Consultancy Services (TCS) has expanded its partnership with Kingfisher plc, a leading home improvement company in the UK and Europe, to provide consolidated application management and infrastructure support services, to accelerate the retailer’s transformation to be a digital first organization.

The company has been a strategic application services partner to Kingfisher since 2012, and has leveraged its comprehensive portfolio of business and technology services and solutions to enhance the retailer’s customer and colleague experience and help drive its growth and modernisation agenda across various lines of business.

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.

Tata Consultancy Services (TCS) has received approval from shareholders for share buyback plan up to Rs 16,000 crore. Last month, TCS' board of directors had approved a proposal to buy back up to 5,33,33,333 equity shares of the company at Rs 3,000 per scrip for an aggregate amount not exceeding Rs 16,000 crore. The members of the company have duly passed the special resolution approving the buyback.

The voting, which started on October 20 and ended on November 18, saw 99.57 per cent of the votes being cast in favour of the buyback offer. There was 100 per cent voting in favour of the proposal by the promoters, 98.11 per cent by public institutional shareholders and 98.43 per cent by other shareholders.

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.

Tata Consultancy Services is currently trading at Rs. 2653.90, up by 28.00 points or 1.07% from its previous closing of Rs. 2625.90 on the BSE.

The scrip opened at Rs. 2630.00 and has touched a high and low of Rs. 2678.60 and Rs. 2630.00 respectively. So far 45559 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2885.00 on 08-Oct-2020 and a 52 week low of Rs. 1504.40 on 13-Mar-2020.

Last one week high and low of the scrip stood at Rs. 2690.00 and Rs. 2608.05 respectively. The current market cap of the company is Rs. 994381.95 crore.

The promoters holding in the company stood at 72.05%, while Institutions and Non-Institutions held 23.85% and 4.03% respectively.

Tata Consultancy Services (TCS) has received approval from shareholders for share buyback plan up to Rs 16,000 crore. Last month, TCS' board of directors had approved a proposal to buy back up to 5,33,33,333 equity shares of the company at Rs 3,000 per scrip for an aggregate amount not exceeding Rs 16,000 crore. The members of the company have duly passed the special resolution approving the buyback.

The voting, which started on October 20 and ended on November 18, saw 99.57 per cent of the votes being cast in favour of the buyback offer. There was 100 per cent voting in favour of the proposal by the promoters, 98.11 per cent by public institutional shareholders and 98.43 per cent by other shareholders.

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.

Tata Consultancy Services is currently trading at Rs. 2658.00, up by 32.10 points or 1.22% from its previous closing of Rs. 2625.90 on the BSE.

The scrip opened at Rs. 2630.00 and has touched a high and low of Rs. 2678.60 and Rs. 2630.00 respectively.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2885.00 on 08-Oct-2020 and a 52 week low of Rs. 1504.40 on 13-Mar-2020.

Last one week high and low of the scrip stood at Rs. 2690.00 and Rs. 2608.05 respectively. The current market cap of the company is Rs. 985338.70 crore.

The promoters holding in the company stood at 72.05%, while Institutions and Non-Institutions held 23.85% and 4.03% respectively.

Tata Consultancy Services (TCS) has been recognized as a leader in the Everest Group PEAK Matrix for Industry 4.0 Services. The company was positioned as a leader in all the Industry 4.0 service functions mentioned in the report – Consulting and Design, Development and Verification and Validation, Deployment and System Integration, and Managed Services and Support.

According to the report, the company has established credentials in the market as a leading partner in Industry 4.0 with deep domain knowledge and superior technical competency.

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.