TCS inches up after it selected as transformation partner by Sainsbury`s
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Tata Consultancy Services is currently trading at Rs. 3149.00, up by 28.25 points or 0.91% from its previous closing of Rs. 3120.75 on the BSE.
The scrip opened at Rs. 3112.00 and has touched a high and low of Rs. 3149.90 and Rs. 3104.50 respectively. So far 13021 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. 2926.00 on 26-Sep-2022.
Last one week high and low of the scrip stood at Rs. 3153.55 and Rs. 3071.05 respectively. The current market cap of the company is Rs. 1150424.05 crore.
The promoters holding in the company stood at 72.30%, while Institutions and Non-Institutions held 21.91% and 5.80% respectively.
Tata Consultancy Services (TCS) has been selected as a transformation partner by Sainsbury’s, a leading supermarket retailer in the UK, to accelerate the latter’s business growth through a cloud-first strategy.
TCS has been a strategic partner to Sainsbury’s for over a decade, helping the retailer drive numerous business-critical transformation programmes. As a part of the new multi-year partnership, TCS will consolidate and modernise Sainsbury’s IT infrastructure landscape into a modern hybrid cloud stack using TCS Enterprise Cloud. By enabling an integrated cloud platform, TCS will build a scalable foundation for a digital core, enabling greater agility, flexibility, and resilience for Sainsbury’s. Additionally, TCS will provide end-to-end managed services for modern workplace services, network connectivity, and security.
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.
