TCS trades higher on the BSE

23 Jan 2024 Evaluate

Tata Consultancy Services is currently trading at Rs. 3870.60, up by 10.00 points or 0.26% from its previous closing of Rs. 3860.60 on the BSE.

The scrip opened at Rs. 3900.00 and has touched a high and low of Rs. 3933.00 and Rs. 3860.60 respectively. So far 45309 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3965.00 on 15-Jan-2024 and a 52 week low of Rs. 3070.30 on 17-Apr-2023.

Last one week high and low of the scrip stood at Rs. 3965.00 and Rs. 3818.10 respectively. The current market cap of the company is Rs. 1404505.39 crore.

The promoters holding in the company stood at 72.41%, while Institutions and Non-Institutions held 22.54% and 5.03% respectively.

Tata Consultancy Services (TCS) has enabled Euroclear Finland, the National Central Securities Depository (CSD) of Finland, to integrate its core platform with the European securities settlement engine. This transformation program ensures easier cross-border settlements for investors in Finnish securities and has resulted in the most modern post-trade platform in Europe.

With TCS BaNCS for Market Infrastructure, Euroclear Finland’s core platform is now integrated with the European Central Bank’s TARGET2-Securities or T2S platform. The modernized platform will reduce cross-border settlement risks and costs for investors, attract more investment into the country, and improve access to capital for Finnish issuers. Banks, central counterparties, and issuers will benefit from longer trading hours. Banks can now support transactions across all 24 countries within the T2S ecosystem with one centralized cash account, simplifying collateral management and improving their liquidity.

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.

TCS Share Price

4156.80 -11.25 (-0.27%)
23-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
TCS 4156.80
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