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TCS surges on launching TCS BaNCS for Payments in Canada

  • May-15-2019
  • 15 Hrs IST

Tata Consultancy Services is currently trading at Rs. 2107.15, up by 12.80 points or 0.61% from its previous closing of Rs. 2094.35 on the BSE.

The scrip opened at Rs. 2105.00 and has touched a high and low of Rs. 2125.55 and Rs. 2085.50 respectively. So far 103669 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2273.00 on 01-Oct-2018 and a 52 week low of Rs. 1712.90 on 04-Jun-2018.

Last one week high and low of the scrip stood at Rs. 2193.60 and Rs. 2074.50 respectively. The current market cap of the company is Rs. 789876.98 crore.

The promoters holding in the company stood at 72.05%, while Institutions and Non-Institutions held 23.63% and 4.32% respectively.

Tata Consultancy Services (TCS) has launched TCS BaNCS for Payments in Canada to help banking and financial institutions accelerate adoption of Payments Canada's Modernization initiatives to enhance their global competitiveness, and deliver a next-generation payments experience to their customers.

TCS BaNCS for Payments is a proven payments processing solution, currently available in 25 markets, including the US, UK, Europe, MEA, APAC and Africa. The company is launching this solution in the Canadian market to help financial institutions adopt ISO20022, real-time payments and leverage payment overlay services rapidly to deliver differentiated customer experiences, while complying with Canadian banking and data privacy regulations. The solution can be deployed on the cloud or on premise based on the customer's preference.

Tata Consultancy Services is an IT services, consulting and business solutions provider that has been partnering with the world’s largest businesses in their transformation journeys for the last fifty years.