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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 - 01/22 06:43:35 am
3303.1 INR   +0.89%
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Tata Consultancy Services : TCS Wins Stevie Awards for Innovation in Entertainment Apps and Excellence in Corporate Innovation

07/16/2020 | 07:59am EST

Tata Consultancy Services Received the Awards for its 2019 Standard Chartered Singapore Marathon Race App and For Driving Growth and Transformation through Technological Innovation.

Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, has been recognized with two Stevies at the seventh annual Asia-Pacific Stevie Awards.

More than 1,000 nominations from organizations across the Asia-Pacific region were considered this year's awards. TCS won a Silver Stevie in the Innovation in Entertainment Apps category for its Standard Chartered Singapore Marathon (SCSM) 2019 Official Race App, as well as a Bronze Stevie in the Excellence in Innovation in Technology Industries category for driving growth and transformation through technological excellence and innovation within TCS.

The SCSM 2019 Official Race App developed by TCS featured next-level technology to advance runner and audience engagement, including the SCSM Virtual Training Buddy, a gamification feature that engaged runners beyond the race, both on-ground and online, and a 'Live Tracking' feature that allowed spectators to track their favorite runners on race day.

The app also included a spectator guide, enabling supporters to get an estimated preview on the tracked runners' timing on course and use that information to choose viewing zones to cheer for them as they run by. These innovations helped to push a record-breaking 32,700 downloads, a 12.4 percent increase since 2018.

'As the official mobile app partner of the Standard Chartered Singapore Marathon, we have brought to the event the innovation and exciting user experience that our customers admire us for. We are proud to receive this Stevie Award for our SCSM 2019 Official Race App which is a recognition of the app's popularity and usefulness for runners and spectators alike,' said Girish Ramachandran, Head, TCS Asia Pacific.

TCS was also recognized for driving growth and transformation internally through technological excellence and innovation towards enhancing business agility and employee experience. It has been driving multiple digital transformation initiatives, in line with its Business 4.0 framework and Enterprise Agile 2020 vision, setting an exemplary model towards a purpose-driven, resilient, and adaptable organization. The transformation journey is marked by a future-ready global IT ecosystem, and driven by the adoption of best-in-class practices, frameworks and technologies.

'Organizations across the world are realizing the potential of digital transformation and embracing it to fuel their growth. At TCS, our focus on holistic transformation leveraging the power of technology is helping us drive enterprise agility. This recognition underlines our passion for innovation and acknowledges our transformation initiatives towards being future-ready, while continuing to deliver best-in-class solutions to our stakeholders,' said Abhijit Mazumder, CIO, TCS.

The Asia-Pacific Stevie Awards are the only business awards program to recognize innovation in the workplace in all 29 nations of the Asia-Pacific region. It is widely considered to be the world's premier business awards, conferring recognition for achievement in programs such as The International Business Awards for 18 years.

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.

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

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 22 526 M 22 526 M
Net income 2021 329 B 4 512 M 4 512 M
Net cash 2021 264 B 3 623 M 3 623 M
P/E ratio 2021 37,5x
Yield 2021 1,43%
Capitalization 12 218 B 167 B 167 B
EV / Sales 2021 7,27x
EV / Sales 2022 6,36x
Nbr of Employees 469 261
Free-Float 26,9%
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Tata Consultancy Services Technical Analysis Chart | TCS | INE467B01029 | MarketScreener
Technical analysis trends TATA CONSULTANCY SERVICES
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 40
Average target price 3 259,03 INR
Last Close Price 3 303,10 INR
Spread / Highest target 26,4%
Spread / Average Target -1,33%
Spread / Lowest Target -43,1%
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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