Tata Consultancy Services (TCS) is currently trading at Rs. 4399.10, a rise of 34.85 points or 0.80% from its previous close of Rs. 4364.25 on the BSE.

The stock began the day at Rs. 4363.95 and fluctuated between a high of Rs. 4406.00 and a low of Rs. 4348.30. A total of 14,121 shares have been traded thus far.

This 'A' category stock with a face value of Rs. 1 reached a 52-week high of Rs. 4431.25 on July 29, 2024, and a 52-week low of Rs. 3313.00 on November 1, 2023.

In the past week, the stock's highest and lowest points were Rs. 4431.25 and Rs. 4276.50, respectively. The company currently boasts a market capitalization of Rs. 1580706.26 crore.

Promoters hold 71.77% of the company, with institutions holding 23.41% and non-institutions holding 4.82%.

TCS has inked a three-year deal to enhance the IT infrastructure and cybersecurity services for Follett Higher Education, the leading college store operator in North America. Using platforms like TCS Cognix and Cloud Exponence, TCS aims to develop a robust IT infrastructure to support Follett’s academic and retail offerings across the US and Canada.

Follett operates over 1,000 college stores in North America, providing students with essential course materials, technology, supplies, and branded merchandise. To further this mission, Follett has partnered with TCS to upgrade its IT systems, building on a decade-long collaboration.

TCS plans to enhance Follett’s technology operations using its Machine First delivery model and proprietary tools like TCS Cognix. This AI-driven suite leverages cloud-based modules for AI, machine learning, and intelligent automation to streamline processes and ensure an efficient, secure enterprise infrastructure that complies with regulations.

Additionally, TCS will deploy Cloud Exponence to manage smart services in hybrid cloud environments, offering a comprehensive view of Follett’s operations across multiple platforms. This will help maintain consistent IT services, optimize usage, and manage costs. By adhering to ITIL 4 standards, TCS and Follett aim to implement best practices in IT service management.

TCS is a global leader in IT services, consulting, and business solutions, collaborating with many of the world’s largest enterprises. It provides a consulting-led, cognitive-powered, integrated portfolio of IT, business, technology services, and engineering solutions.