TCS gains on partnering with Lantmannen Ekonomisk Forening
Tata Consultancy Services is currently trading at Rs. 3428.60, up by 10.75 points or 0.31% from its previous closing of Rs. 3417.85 on the BSE.
The scrip opened at Rs. 3417.85 and has touched a high and low of Rs. 3447.00 and Rs. 3406.00 respectively. So far 36146 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3575.00 on 16-Feb-2023 and a 52 week low of Rs. 2926.00 on 26-Sep-2022.
Last one week high and low of the scrip stood at Rs. 3447.00 and Rs. 3345.00 respectively. The current market cap of the company is Rs. 1254542.35 crore.
The promoters holding in the company stood at 72.30%, while Institutions and Non-Institutions held 22.32% and 5.38% respectively.
Tata Consultancy Services (TCS) has been selected as a strategic partner by Lantmannen Ekonomisk Forening (Lantmannen), a leader in agriculture, machinery, bioenergy and food products. As part of this multi-year agreement, TCS will help Lantmannen transform its IT infrastructure and provide digital workplace services.
TCS will harmonize Lantmannen’s digital workplace to support secure and agile hybrid working for all users and enhance the employee experience. It will also transform Lantmannen’s global service desk with TCS’ digital experience suite to deliver an effective 24x7 multi-lingual support. Further, TCS will modernize the agriculture leader’s infrastructure and provide round-the-clock business resilient operations. TCS will leverage its strong local presence in Sweden and across the Nordics, to deliver services at speed. Lantmannen chose TCS as its trusted technology partner due to its proven expertise in delivering large-scale digital transformations and a strong cultural match between the two companies.
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.