Tata Consultancy Services moves up on partnering with TPG
Tata Consultancy Services is currently trading at Rs. 3153.20, up by 7.45 points or 0.24% from its previous closing of Rs. 3145.75 on the BSE.
The scrip opened at Rs. 3145.75 and has touched a high and low of Rs. 3170.00 and Rs. 3136.00 respectively. So far 65196 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 4494.00 on 10-Dec-2024 and a 52 week low of Rs. 2867.55 on 01-Oct-2025.
Last one week high and low of the scrip stood at Rs. 3170.00 and Rs. 3080.00 respectively. The current market cap of the company is Rs. 1140801.08 crore.
The promoters holding in the company stood at 71.77%, while Institutions and Non-Institutions held 23.03% and 5.20% respectively.
Tata Consultancy Services (TCS) has entered into a strategic partnership with TPG, a leading global alternative asset management firm to support the growth of its AI data center business, HyperVault. This investment will support HyperVault’s GW-scale AI-ready infrastructure build and aligns with TCS’ plan to create AI-ready data centers with capacity in excess of a GW over the next few years. This partnership marks a significant step in TCS’ ambition to become the largest AI-led technology services company.
TCS’ HyperVault will be funded through a mix of equity from TCS and TPG, and debt. Both partners combined, will commit to invest up to Rs 18,000 crore over the next few years. Out of the total commitment of up to Rs 18,000 crore, TPG will invest up to Rs 8,820 crore and is envisaged to have final shareholding between 27.5% and 49% in HyperVault. Bringing in TPG as a strategic investment partner will help TCS drive stronger returns to its shareholders, reduce its capital outlay, and create long-term value for the data center platform.
TPG’s investment in HyperVault is being facilitated through TPG Rise Climate and its Global South Initiative, a private equity strategy launched in partnership with ALTERRA. Additionally, TPG is also partnering through its Asia Real Estate business, marking an important step for the platform in India.
Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world’s largest businesses. TCS offers a consulting-led, cognitive powered, integrated portfolio of IT, business & technology services, and engineering.
