TCS surges on the BSE

Tata Consultancy Services is currently trading at Rs. 3563.80, up by 78.50 points or 2.25% from its previous closing of Rs. 3485.30 on the BSE.

tcs gains on launching add site feasibility platform
tcs gains on launching add site feasibility platform

The scrip opened at Rs. 3458.00 and has touched a high and low of Rs. 3565.10 and Rs. 3458.00 respectively. So far 54588 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 4045.50 on 18-Jan-2022 and a 52 week low of Rs. 2986.30 on 18-Mar-2021.

Last one week high and low of the scrip stood at Rs. 3578.50 and Rs. 3351.00 respectively. The current market cap of the company is Rs. 1289230.38 crore.

The promoters holding in the company stood at 72.19%, while Institutions and Non-Institutions held 22.95% and 4.86% respectively.

Tata Consultancy Services (TCS) has been positioned as a Leader in the Everest Group PEAK Matrix for Mortgage Operations. The report highlights TCS’ stronghold of mortgage operations across geographies, covering the entire value chain from front to back office.

It says that a combination of strong domain expertise, digital offerings, and advisory capabilities have enabled TCS to create a diverse portfolio of clients, comprising some of the largest banks, nonbanks and fintechs.

Cited as a key strength is TCS’ enhanced suite of digital solutions like DigiHome solution for sales and origination processes and a forbearance and loss mitigation solution, in addition to the pre-existing extensive set of solutions.

TCS 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.

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