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Tata Group Stock Bags Rs 15,000 Crore Advance Order from BSNL, Shares Soar

Tata Group Stock Bags Rs 15,000 Crore Advance Order from BSNL, Shares Soar


Business

oi-Renu Baliyan

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Large cap Tata Group stock operating in IT Software sector, Tata Consultancy Services Ltd (TCS) on Monday received a whopping Rs 15,000 crore advance order from Bharat Sanchar Nigam Ltd. (BSNL). The shares of the company witnessed a rally of 0.85% in trade today till 11:07 am. Current market price of TCS share is Rs 3249.00 apiece on BSE. Check details below:

Tata Group Stock Bags Rs 15,000 Crore Advance Order from BSNL, Shares Soar

TCS Receives Order Worth Crores From BSNL: According to the BSE filing of the company, “The consortium led by Tata Consultancy Services Limited has received an Advance Purchase Order valued over 15,000 crore from BSNL, a 100% Govt. of India owned Public Sector Undertaking, for the deployment of a 4G network across India.”

TCS Stock Performance & Return: The current market price of TCS stoc is Rs 3249.00 apiece. TCS share’s 52-week high price is Rs 3575.00 apiece and 52-week low price is Rs 2926.00 apiece, respectively. The company’s market capitalisation is Rs 11,88,825.79 crore. The shares of TCS witnessed a jump of 3% in last 1-month, declined 1% in last 1-year, gained over 5% in last 2-years, soared 60% in last 3-years, and surged 85% in last 5-years.

TCS Dividend: Earlier, this year on April 12, 2023 board of directors of TCS recommended a Final Dividend of Rs 24 per Equity Share of Re 1 each of the Company which shall be paid/dispatched on the fourth day from the conclusion of the 28th Annual General Meeting, subject to approval of the shareholders of the Company.

TCS About: Tata Consultancy Services is an IT services, consulting, and business solutions organization that has been partnering with many of the world’s largest businesses in their transformation journeys for over 50 years, according to its official website.

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Story first published: Monday, May 22, 2023, 11:24 [IST]


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