NSE Symbol: TCS | BSE Code: 532540
TCS provides business, IT and consulting solutions to cater the need of overseas customers. The prime business services of TCS include IT solutions, infrastructure solutions, engineering solutions, BPO services, performance administration and assurance services. The company delivers these offers through a global network delivery model.
TCS is known for its unique business expertise, delivering cutting-edge and real-time solutions to assist clients in delivering amazing results in business. It facilitates a wide range of industry lines, including healthcare, financial services, IT, insurance, telecommunication, hospitality, transportation, oil and natural gas, banking, etc.
Tata Consultancy Services was founded in 1968. It's a sister concern of Tata Group, which was conceptualized by Jamsetji Tata in 1848.
TCS acquired Citigroup Global Services for $505 million.
TCS declared TCS BaNCS Core Banking Release 12.0 for capital markets and banking in Toronto.
TCS declared to open a Corporate Learning Centre in the city of Thiruvananthapuram. The Centre can accommodate 50,000 people.
Tata Consultancy Services Limited
Barrister Rajni Patel Marg,
Nariman Point, Mumbai, Maharashtra 400021
Chairman of the Board of Tata Sons
N. Chandrasekaran is currently working as the Chairman of the Board of Tata Sons. Tata Sons are the parent group that promotes 100 plus business entities operating by Tata. In October 2016, Mr. Shekhran was involved in the Board of Tata Sons. He was appointed as the Chairman in January 2017. He has over 30 years of corporate experience and has worked for different business modules. In 2015-2016, under the flagship of N. Chandrasekaran, TCS has generated total business revenue of $16.5 billion.
CEO and MD:
Rajesh Gopinathan is the CEO and MD of TCS. In 2017, he became the CEO and handled the role of CFO of the company. His participation has been excellent in making TCS a $17.6 billion corporation. Since 2001, Rajesh Gopinathan has been working at TCS. He has a right amount of corporate experience to handle promising assignments. He is an electronic engineer from REC Trichy.
Currently, Mr.Mehta is working as a Director of TCS. He is an economics graduate from Delhi. Before TCS, he was associated with HSBC Group where he worked on a diverse range of corporate projects. Aman Mehta has over 36 years of sound business experience. Primarily, he specializes in the finance and banking domains.
Tata Consultancy Services is a premier brand offering individualized technology solutions and services. It has gained the brand identity through steady financial results. The fundamentals of TCS have been doing well for the last five fiscal years. The continually growing fundamentals can be better signs for investors to invest in equities. The net worth of TCS has been increased considerably over the last two years. In 2016, it was Rs.65,013 and further increased to Rs.78,022 in the previous fiscal year.
The earnings per share drive investors to invest in Stocks. As compare to last 2 or 3 financial years, the EPS, which was recently declared in the Q3 FY 2017-2018, was up by a decent margin.
There are many reasons to attract investors from buying TCS stocks. For instance, TCS has been chosen by a large European bank to transmit core systems across multiple business lines. It has also been selected by a large Australian bank to offer application services across various lines of business.
According to the experts, the investors, who intend to make short-run and long-run stock investments, may consider holding the stocks of TCS to provide a decent amount of returns.
It is a prominent brand in the industry. It has steadily been extending its business lines for many years. TCS is an active player with better financial results.
TCS is one of the best investment options for investors, who intend to make stock investments in IT-based companies.