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MarketScreener Homepage  >  Equities  >  NSE India Stock Exchange  >  Tata Consultancy Services    TCS   INE467B01029

TATA CONSULTANCY SERVICES

(TCS)
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Delayed Quote. Delayed NSE India Stock Exchange - 01/28 06:16:24 am
3196.55 INR   -1.98%
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Tata Consultancy Services : TCS Named HPE Global System Integrator of the Year

07/27/2020 | 08:03am EST

Tata Consultancy Services Was Recognized For its Excellence in Driving Data Management and Digital Workspace Transformations.

Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, has won the 2020 Hewlett Packard Enterprise (HPE) Partner Award in the category Global System Integrator of the Year.

TCS was among a select group of partners from HPE's ecosystem of more than 80,000 companies to receive the award, which celebrates outstanding performance, commitment to customer excellence, focus on growth, innovation and professional achievements. The award recognizes TCS' excellence in driving transformations in data management and digital workspaces, and helping joint customers gain a competitive advantage.

'This award is a testament to TCS' strong partnership with HPE and our ability to help customers successfully navigate their digital transformation journeys through the use of cutting-edge technologies that are agile, automated, intelligent and on the cloud,' said Raman Venkatraman, Global Head, HiTech & Professional Services Industry Unit, TCS. 'We remain focused on helping customers accomplish their growth and transformation objectives by executing their purpose-driven strategies while enhancing their resilience and adaptability.'

Through its partnership, TCS and HPE deliver a comprehensive data management offering with unique assessment, planning and migration strategies designed to empower companies to unlock the agility of the cloud. It enables customers to rapidly develop, test and launch software applications that drive business growth. With reduced complexity, customers can focus on other mission-critical initiatives such as security, monitoring and analysis, instead of provisioning and maintaining resources.

In addition, HPE and TCS offer a scalable, on-premise virtual desktop infrastructure (VDI) as a service to help support teleworking and unleash mobile productivity. The hardware and software required to deliver these desktop experiences are deployed directly to the datacenter, delivering high availability with a resilient architecture and accelerated adoption.

'I'm honored to recognize our partners who raise the standard of business excellence and demonstrate continued commitment to our joint customers,' said Paul Hunter, Senior Vice President of Worldwide Partner Sales, HPE. 'HPE is dedicated to enabling our partners with tools and solutions that will spark innovation in their own business. By collaborating and growing together, we are able to deliver the outcomes our customers need to prosper.'

In the partnership spanning more than three decades, TCS and HPE have developed world-class go-to-market infrastructure solutions. TCS has also made strategic investments to support the ecosystem, enabling business growth across major geographies such as the U.S., U.K., Europe, Japan and ANZ region.

About Tata Consultancy Services Ltd. (TCS)

Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world's largest businesses in their transformation journeys for over 50 years. TCS offers a consulting-led, cognitive powered, integrated portfolio of business, technology and engineering services and solutions. This is delivered through its unique Location Independent AgileTM delivery model, recognized as a benchmark of excellence in software development.

A part of the Tata group, India's largest multinational business group, TCS has over 443,000 of the world's best-trained consultants in 46 countries. The company generated consolidated revenues of US $22 billion in the fiscal year ended March 31, 2020, and is listed on the BSE (formerly Bombay Stock Exchange) and the NSE (National Stock Exchange) in India. TCS' proactive stance on climate change and award-winning work with communities across the world have earned it a place in leading sustainability indices such as the Dow Jones Sustainability Index (DJSI), MSCI Global Sustainability Index and the FTSE4Good Emerging Index. For more information, visit us at www.tcs.com.www.tcs.com.

To stay up-to-date on TCS global news, follow @TCS_News.

TCS Media Contacts

Asia Pacific

Email: charlene.lee@tcs.com

Phone: +65 9138 4370

Australia and New Zealand

Email: kelly.ryan@tcs.com

Phone: +61 422 989 682

Benelux

Email: joost.galema@tcs.com

Phone: +31 615 903387

Canada

Email: tia.thomas@tcs.com

Phone: +1 647 790 7602

Central Europe

Email: anke.maibach@tcs.com

Phone: + 49 172 6615789

Europe

Email: mattias.afgeijerstam@tcs.com

Phone: +46723989188

India

Email: arushie.sinha@tcs.com

Phone: +91 22 6778 9960

Japan

Email: douglas.foote@tcs.com

Phone: +81 80-2115-0989

Latin America

Email: martin.karich@tcs.com

Phone: +569 6170 9013

Nordics

Email: roland.bagen@tcs.com

Phone: +46 70 317 80 24

UK

Email: peter.devery@tcs.com

Phone: +44 20 3155 2421

USA

Email: william.thomas@tcs.com

Phone: +1 203-984-3978

(C) 2020 Electronic News Publishing, source ENP Newswire

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Financials
Sales 2021 1 644 B 22 508 M 22 508 M
Net income 2021 329 B 4 509 M 4 509 M
Net cash 2021 264 B 3 620 M 3 620 M
P/E ratio 2021 36,3x
Yield 2021 1,48%
Capitalization 11 824 B 162 B 162 B
EV / Sales 2021 7,03x
EV / Sales 2022 6,14x
Nbr of Employees 469 261
Free-Float 26,9%
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Technical analysis trends TATA CONSULTANCY SERVICES
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TrendsBullishBullishBullish
Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 40
Average target price 3 259,03 INR
Last Close Price 3 196,55 INR
Spread / Highest target 30,6%
Spread / Average Target 1,95%
Spread / Lowest Target -41,2%
EPS Revisions
Managers and Directors
NameTitle
Rajesh Gopinathan CEO, MD & Non-Independent Executive Director
Natarajan Chandrasekaran Non-Executive Chairman
N. Ganapathy Subramaniam COO & Non-Independent Executive Director
V. Ramakrishnan Chief Financial Officer
K. Ananth Krishnan Chief Technology Officer
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