TCS up on Diageo deal - The New Indian Express

TCS up on Diageo deal

Published: 20th February 2014 03:19 PM

Last Updated: 20th February 2014 03:19 PM

Tata Consultancy Services (TCS) shares rise after Diageo, a premium drinks business, has selected TCS, as its new global IT provider.

The decision by Diageo to partner with TCS is the latest milestone in a programme to transform the way it provides IS services to around 36,000 employees, operating in 180 countries around the world.

Shares of the compny are trading at Rs 2,212.60, up Rs 14.15, or 0.64% at the Bombay Stock Exchange (BSE) on Thursday at 11:56 a.m.The scrip has touched an intra-day high of Rs 2,221.50 and low of Rs 2,202.00. The total volume of shares traded at the BSE is 35,489.In the earlier session, the shares rose 1.49%, or Rs 32.3, at Rs 2,198.45.Currently, the stock is trading down 7.2% from its 52-week high of Rs 2,384.20 and above 62.21% over the 52-week low of Rs 1,364.

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