17 Sep 2025

TCS Shares Edge Higher as Company Launches Qualcomm-Backed Innovation Lab in Bengaluru

Tata Consultancy Services (TCS) is currently trading at RS. 3171.50, up by 26.05 points or 0.83% from its previous close of RS. 3145.45 on the BSE.

The stock opened at RS. 3155.45 and recorded a high of RS. 3182.00 and a low of RS. 3141.45 so far, with 86,311 shares traded on the counter.

This BSE group 'A' stock, with a face value of RS. 1, has touched a 52-week high of RS. 4535.00 on September 17, 2024, and a 52-week low of RS. 2992.05 on August 4, 2025. Over the past week, the scrip’s high and low were RS. 3182.00 and RS. 3096.00 respectively. TCS’s current market capitalization stands at RS. 11,47,241.28 crore.

Promoter holding in the company is 71.77%, while institutions hold 23.48% and non-institutions hold 4.75%.

In a strategic move, TCS has partnered with Qualcomm to establish the TCS Innovation Lab in Bengaluru. The lab will focus on co-creating smart, scalable, and sustainable Edge AI solutions using Qualcomm platforms to help industries adopt software-driven approaches for enhanced efficiency and resilience.

Equipped with a 5G private network and advanced infrastructure, the lab will operate as part of the IoT-focused Bringing Life to Things Network. It will develop agile IoT solutions for sectors such as security and surveillance, healthcare, smart infrastructure, and manufacturing, while supporting rapid prototyping, experimentation, and large-scale implementation of Edge AI capabilities built on a Software Defined Everything (SDx) approach.

TCS, a global leader in IT services, consulting, and business solutions, continues to expand its innovation-driven portfolio to serve some of the world’s largest enterprises.