/ TCS Trades Higher On The Bourses ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Wednesday, 13 June 2018

Tata Consultancy Services (TCS) is currently trading at Rs. 1815.40, up by 34.40 points or 1.93% from its previous closing of Rs. 1781.00 on the BSE.The scrip opened at Rs. 1815.00 and has touched a high and low of Rs. 1830.00 and Rs. 1800.00 respectively. So far 175986 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1837.00 on 25-May-2018 and a 52 week low of Rs. 1162.50 on 07-Jul-2017.Last one week high and low of the scrip stood at Rs. 1,830.00 and Rs. 1,725.40 respectively. The current market cap of the company is Rs. 694503.54 crore.

The promoters holding in the company stood at 71.92%, while Institutions and Non-Institutions held 23.81% and 4.22% respectively.

Tata Consultancy Services (TCS) has expanded its agreement with M&G Prudential, the UK and European savings and investments business of Prudential plc.

The 10 years partnership aimed to digitally transform M&G Prudential's business and deliver an enhanced service for its UK savings and retirement customers. The agreement has now been expanded to cover an additional 1.80 million customer policies which will move from M&G Prudential to TCS, bringing the total number of policies covered by the partnership to 5.8 million, and is worth an additional $ 668 million over the term of the contract.

TCS is an IT services, consulting and business solutions provider that has been partnering with the world’s largest businesses in their transformation journeys for the last fifty years.

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