TCS inches up on partnering with Landis+Gyr
Tata Consultancy Services is currently trading at Rs. 4459.00, up by 2.05 points or 0.05% from its previous closing of Rs. 4456.95 on the BSE.
The scrip opened at Rs. 4449.00 and has touched a high and low of Rs. 4493.80 and Rs. 4394.70 respectively. So far 116365 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 4585.90 on 02-Sep-2024 and a 52 week low of Rs. 3,593.30 on 04-Jun-2024.
Last one week high and low of the scrip stood at Rs. 4494.00 and Rs. 4394.70 respectively. The current market cap of the company is Rs. 1613413.77 crore.
The promoters holding in the company stood at 71.77%, while Institutions and Non-Institutions held 23.57% and 4.67% respectively.
Tata Consultancy Services (TCS) has partnered with Landis+Gyr, a leading energy management solutions company based in Cham, Switzerland, to deliver innovative, flexible energy efficiency solutions for utilities. These solutions will empower utilities to help their commercial and industrial customers achieve sustainability goals, improve operational efficiency, and reduce carbon emissions.
Over the next three years, the company will integrate its award-winning enterprise-level energy and emission management system TCS Clever Energy with Landis+Gyr’s advanced smart metering and grid management technologies, creating a comprehensive energy management solution for utilities. The partnership will enable utilities to meet the complex energy demands of their commercial and industrial clients while offering them advanced tools to optimize energy usage and achieve sustainability targets. The company will also leverage TCS Clever Energy to drive energy transformation for Landis+Gyr.
Utilities face increasing pressure to help their customers meet sustainability targets and adapt to changing regulations. The combined capabilities of Landis+Gyr and the company will enable utilities to offer end-to-end energy efficiency solutions that include real-time energy optimization, demand response, and smart EV charging.
TCS 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.
