01-01-1970 12:00 AM | Source: Accord Fintech
TCS trades higher on the bourses
News By Tags | #409 #572 #171

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Tata Consultancy Services is currently trading at Rs. 3231.45, up by 19.45 points or 0.61% from its previous closing of Rs. 3212.00 on the BSE.

The scrip opened at Rs. 3201.00 and has touched a high and low of Rs. 3249.00 and Rs. 3184.15 respectively. So far 80567 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. 3023.35 on 17-Jun-2022.

Last one week high and low of the scrip stood at Rs. 3249.00 and Rs. 3023.35 respectively. The current market cap of the company is Rs. 1177812.05 crore.

The promoters holding in the company stood at 72.30%, while Institutions and Non-Institutions held 22.00% and 5.70% respectively.

Tata Consultancy Services (TCS) has helped Aadhar Housing Finance digitally enhance its business operations using the TCS Lending and Securitization platform. Aadhar Housing Finance, the largest affordable housing finance company focusing on the low-income housing segment in India (by AUM as of FY21), aims to make the process of buying a house seamless using digital technologies. Towards this vision, it partnered with TCS for its end-to-end business process transformation powered by the TCS Lending and Securitization platform. The integrated, collaborative, connected, blockchain-based cloud platform transforms the end-to-end lending and securitization value chain.

TCS consultants leveraged their deep contextual knowledge and industry expertise to help Aadhar reimagine its end-to-end business processes, taking a digital-first, customer-centric approach. The TCS platform's flexible design enabled an easy and quick adoption of the digitally transformed process flows. It offers seamless customer relationship management features using AI and ML. It has made sales operations more convenient by introducing business-friendly tools such as calculators, diary, route mapping, and geotagging while eliminating physical documents and enabling automated and system-controlled documentation and approval.

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.