ata Consultancy Services trades higher on the BSE

Tata Consultancy Services is currently trading at Rs. 3853.60, up by 46.75 points or 1.23% from its previous closing of Rs. 3806.85 on the BSE.

The scrip opened at Rs. 3809.10 and has touched a high and low of Rs. 3864.45 and Rs. 3796.00 respectively. So far 33272 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 3990.00 on 08-Oct-2021 and a 52 week low of Rs. 2701.00 on 24-Feb-2021.

Last one week high and low of the scrip stood at Rs. 3888.00 and Rs. 3743.95 respectively. The current market cap of the company is Rs. 1417846.39 crore.

The promoters holding in the company stood at 72.19%, while Institutions and Non-Institutions held 23.30% and 4.51% respectively.

Tata Consultancy Services (TCS) has been selected by the Ministry of External Affairs (MEA), Government of India for the second phase of the immensely popular Passport Seva Program, the country’s largest mission-critical e-governance program till date, following its successful implementation of the first phase. In the next phase of the program, the company will refresh existing facilities and systems, and develop innovative new solutions to enable the issuance of e-passports and further enhance the citizen experience using technologies such as biometrics, artificial intelligence, advance data analytics, chatbots, auto-response, natural language processing, and the cloud.

Launched in 2008, the Passport Seva Program saw TCS transforming the delivery of passport-related services, digitizing the processes, and setting global benchmarks in timeliness, transparency, and reliability. The world-class experience delivered at the TCS-run Passport Seva Kendras (PSK) across the country made the service immensely popular and a source of national pride. Accessibility was further enhanced by extending the service through designated post offices and through Indian missions and posts across the world.

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.