TCS gains after launching software solution for intelligent city operations

TCS rose 0.72% to Rs 2,544.50 at 15:20 IST on BSE after company's Digital Software & Solutions unit launched an analytics-based software solution for intelligent city operations.

The announcement was made after market hours yesterday, 22 September 2015.

Meanwhile, the S&P BSE Sensex was up 147.55 points or 0.66% at 25,821.78.

On BSE, so far 30,934 shares were traded in the counter as against average daily volume of 55,857 shares in the past one quarter.

The stock hit a high of Rs 2,557.30 and a low of Rs 2,515 so far during the day. The stock had hit a record high of Rs 2,834 on 7 October 2014. The stock had hit a 52-week low of Rs 2,348.25 on 16 December 2014.

The large-cap IT services provider has equity capital of Rs 195.87 crore. Face value per share is Re 1.

TCS said solution will help address growing expectations of digitally connected, urban citizens. The solution offers customized city data models for the accelerated deployment of smart city programs, TCS said in a statement.

TCS' consolidated net profit rose 53.1% to Rs 5684.12 crore on 4.15% rise in total income to Rs 26408.37 crore in Q1 June 2015 over Q4 March 2015.

Powered by Capital Market - Live News