Tata Consultancy Services Ltd Share Price – NSE  / BSE

IT - Software, Large Cap

Tata Consultancy Services Ltd is up for a third straight session in a row. The stock is quoting at Rs 4154.9, up 2.01% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.43% on the day, quoting at 23682.8. The Sensex is at 78137.76, up 1.27%. Tata Consultancy Services Ltd has risen around 2.18% in last one month.

Meanwhile, Nifty IT index of which Tata Consultancy Services Ltd is a constituent, has risen around 0.99% in last one month and is currently quoting at 41952.8, up 1.64% on the day. The volume in the stock stood at 10.99 lakh shares today, compared to the daily average of 20.5 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 4149.65, up 2.04% on the day. Tata Consultancy Services Ltd is up 18.43% in last one year as compared to a 19.6% spurt in NIFTY and a 31.72% spurt in the Nifty IT index.

The PE of the stock is 30.74 based on TTM earnings ending September 24.

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Tata Consultancy Services has signed a multi-year deal to help Air France-KLM, a Europe-based global aviation leader in passenger transport, cargo transport and aeronautical maintenance, become the most data-centric airline group in the world.

Over the next three years, TCS will modernize the airline group's data by moving it to cloud, promoting the next generation of data-driven aviation. This shift will help Air France-KLM exit data centers and harness the strength of the cloud, supporting a sustainable and adaptive aviation industry. The new data architecture will enable the use of data to enhance operations, drive decisions, improve functionality, and gain efficiency.

TCS has partnered with Air France-KLM for 30 years to enhance reliability, social media, customer service, and e-commerce. Their digital innovations, including a suite of award-winning mobile apps and features like digital queuing in airport lounges and boarding pass collection via social media, have improved passenger control and comfort. Building on this longstanding partnership, TCS will now assist Air France-KLM in migrating its critical systems and core business data to the cloud, encompassing key areas such as flight operations, passenger information, aircraft maintenance, the airlines e-commerce platforms and much more. This migration will enhance operational efficiency across all business lines, ensuring seamless and secure data management as well as modernize the technology landscape enabling new possibilities.

Data can help airlines improve their efficiency, streamline their operations and foster innovation, leading to faster and more personalized flying experience for customers. However, data often resides in a multitude of disparate and unstructured systems. Today, extracting actionable insights and value from enterprise and ecosystem data is a key challenge for many enterprises. The challenge is compounded for the large and complex organization of Air France-KLM which operates multiple airline brands with a fleet of 551 aircrafts flying across 320 destinations in 100 countries.

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Tata Consultancy Services, a leading global company in IT services, consultancy and business solutions, has signed a 10-year strategic partnership with Insper, one of Brazil’s leading higher education and research institutions. This collaboration aims to advance industry innovation for TCS customers in South America by leveraging technologies like AI, GenAI, IoT, and spatial computing.

The collaboration between TCS and Insper will include academic research work, development of technology prototypes, and organization of seminars, hackathons and technology talks using the TCS PaceTM methodology for innovation at scale. TCS will offer its customers across the region exclusive access to its cutting-edge research and innovation capabilities, combined with Insper’s academic expertise, ecosystem, labs, and expert resources.

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Tata Consultancy Services, a global leader in IT services, consulting and business solutions, has secured a 15-year contract with Ireland’s Department of Social Protection (DSP) to implement and support the country’s new Auto Enrolment Retirement Savings Scheme, known as the “My Future Fund.” This initiative will provide a comprehensive, end-to-end digital solution for automatic enrolment of nearly 800,000 workers in Ireland.

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