Tata Consultancy Services is currently trading at Rs. 3566.00, up by 21.35 points or 0.60% from its previous closing of Rs. 3544.65 on the BSE.
The scrip opened at Rs. 3540.00 and has touched a high and low of Rs. 3568.05 and Rs. 3506.00 respectively. So far 89811 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. 3004.80 on 03-May-2021.
Last one week high and low of the scrip stood at Rs. 3643.00 and Rs. 3481.05 respectively. The current market cap of the company is Rs. 1304634.77 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 been positioned as a leader in the IDC MarketScape for Worldwide Life Science Sales and Marketing IT Outsourcing Services. According to the report, ‘TCS has extensive experience in the life sciences industry, with a large number of customers in the pharmaceutical and biotech space, complemented by a large number of medical device customers.’ It goes on to say that TCS has diversified its life sciences customer portfolio with its consulting led offerings, and the majority of the business is from the large companies with revenue exceeding $1 billion.
TCS collaborates with leading life sciences companies across the world to enable their digital transformation journeys. The company provides a full set of advisory and IT services and solutions across the life sciences value chain, including data and analytics, predictive and prescriptive analytics, genomics research, blockchain enabled clinical supply chain, AI enabled case processing, discovery collaboration, cognitive research, and digital labs. These solutions use a combination of cognitive computing capabilities, artificial intelligence, Internet of Things, robotic process automation and cloud to fully digitalize the life sciences value chain.
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.