Tata Consultancy Service (TCS) is currently trading at Rs 1134.50, up by 11.50 points or 1.02% from its previous closing of Rs 1123.00 on the BSE.
The scrip opened at Rs 1102.00 and has touched a high and low of Rs 1139.80 and Rs 1102.00 respectively. So far 120048 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 1 has touched a 52 week high of Rs 1247.00 on 06-Apr-2011 and a 52 week low of Rs 902.90 on 22-Aug-2011.
Last one week high and low of the scrip stood at Rs 1145.00 and Rs 1086.15 respectively. The current market cap of the company is Rs 219795.92 crore.
The promoters holding in the company stood at 74.08% while Institutions and Non-Institutions held 20.91% and 5.01% respectively.
TCS' subsidiary -Diligenta, a leading business process outsourcing (BPO) provider in UK, will assume administration responsibility of 3.2 million policies for Friends Life, a provider of pension, investments and insurance. The agreement, effective 1st March 2012 is worth $2.2 billion over 15 years.
This major business win underpins Diligenta’s proven expertise in the life and pensions industry and will increase the total number of policies administered by Diligenta to just under 8 million. Outsourcing much of its customer service and IT functions for its UK heritage business will allow Friends Life on its new proposition development, included its new corporate platform, in its core markets of corporate benefits, protection and retirement income.
Diligenta will assume administration responsibility for much Friends Life’s closed book protection business and significant part of its corporate business benefits. Diligenta and TCS will deliver IT infrastructure and IT services with some policies migrating to TCS BANCS Insurance, a globally recognized industry leading insurance platform.
| Company Name | CMP |
|---|---|
| TCS | 4168.05 |
| Infosys | 1922.05 |
| HCL Tech. | 1911.20 |
| Wipro | 305.15 |
| Tech Mahindra | 1685.20 |
| View more.. | |
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