TCS joins bidding process for Dell's Perot Systems

Report says that the companY re-emerged as a bidder in the last few days.

Tata Consultancy Services Ltd has joined bidding process for Perot Systems, according to reports.

Report says that the compan re-emerged as a bidder in the last few days.

Cognizant Technology Solutions Corp , NTT Data Corp and Atos SE also joined as contenders for Perot Systems.

The scrip opened at Rs. 2416.1 and touched a high and low of Rs. 2416.1 and Rs. 2369.05 respectively. A total of 1066341(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 465289.19 crore.

The BSE group 'A' stock of face value Rs. 1 touched a 52 week high of Rs. 2810 on 04-Mar-2015 and a 52 week low of Rs. 2316.65 on 07-Dec-2015. Last one week high and low of the scrip stood at Rs. 2464.5 and Rs. 2369.05 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 traded above its 200 DMA.