Tuesday 17 November 2015

TCS rises marginally; partners Australian Pharmaceutical Industries to deliver SAP transformation

The company announced a strategic partnership with Australian Pharmaceutical Industries (API) to deliver SAP transformation program to the leading Australian health and beauty company.


Tata Consultancy Services stock rose marginally on Tuesday after the company announced a strategic partnership with Australian Pharmaceutical Industries (API) to deliver SAP transformation program to the leading Australian health and beauty company.

Tata Consultancy Services Ltd is currently trading at Rs. 2382.9, up by Rs. 8 or 0.34% from its previous closing of Rs. 2374.9 on the BSE.

The scrip opened at Rs. 2381 and has touched a high and low of Rs. 2398.45 and Rs. 2375.75 respectively. So far 509983(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 465171.66 crore.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2810 on 04-Mar-2015 and a 52 week low of Rs. 2348.25 on 16-Dec-2014. Last one week high and low of the scrip stood at Rs. 2480.3 and Rs. 2355 respectively.

The promoters holding in the company stood at 73.86 % while Institutions and Non-Institutions held 21.62 % and 4.52 % respectively.

The stock is currently trading above its 200 DMA.

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