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    TCS   INE467B01029

TATA CONSULTANCY SERVICES LTD.

(TCS)
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Tata Consultancy Services : TCS Embarks on a New Brand Direction to Power its Next Horizon of Transformation-led Growth

03/30/2021 | 10:49am EDT

NEW YORK and MUMBAI, India, March 30, 2021 /CNW/ -- Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting & business solutions organization, today unveiled a new brand statement, 'Building on Belief', to articulate its mission and relationship with customers as it embarks on its next decade of transformation-led growth.

The new brand vision encapsulates the active and collaborative role that TCS plays in partnering with customers over the long term, leveraging its contextual knowledge, investments in research and innovation, and technology expertise to help them grow, and achieve their purpose-led transformation goals. It also reflects TCS' own belief that it, along with its customers, can harness collective knowledge to innovate in ways that result in better futures for individuals, communities and the planet.

"Every innovation and every transformational journey begins with the belief that it will make the world better," said Rajesh Gopinathan, MD & CEO, TCS. "We are partnering with our customers in realizing that belief as well as their purpose. It is who we are as an organization and reflects our bold ambition as we embark on our next decade of growth."

'Building On Belief', represents a brand promise based on some core strengths that TCS has come to be known for viz. a long term approach based on shared purpose that benefits clients through the breadth of reach and ubiquity of involvement; innovation and the responsible, sustainable and strategic view it provides and the ability to harness collective knowledge to create technology-led solutions for transformative, measurable impact.

"For decades, we have worked with our customers with a shared purpose- leveraging the power of innovation, knowledge and technology to transform businesses," said Rajashree R, CMO, TCS"Our new brand articulation and purpose statement paves the way to engage with our customers as their growth and transformation partners and bring together the power of our contextual knowledge and expertise, to help them master their journey. We are excited to take this new articulation of our brand to our clients, associates and all other stakeholders."

In January, a report by Brand Finance found that TCS' brand value grew by $1.4Bn in 2020, on an annual basis; the highest brand value growth in IT services. TCS was also counted amongst the top 3 IT services brands in the world and was the fastest growing brand in the industry over the last decade (2010-2020). In the same period, TCS was selected as a Superbrand in the US for its brand reputation, and a Superbrand in the UK.

For further details on the new brand articulation and purpose, click here: https://www.tcs.com/buildingonbelief

About Tata Consultancy Services (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 the last 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 Agile™ 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 469,000 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.

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 

Europe

Email: mattias.afgeijerstam@tcs.com | Phone: +46 723 989 188

India

Email: arushie.sinha@tcs.com | Phone: +91 22 6778 9960

Email: saxena.kritika@tcs.com| Phone: +91 22 6778 9999

Japan

Email: douglas.foote@tcs.com | Phone: +81 80-2115-0989

Latin America

Email: martin.karich@tcs.com | Phone: +569 6170 9013

Middle East & Africa

Email: s.hasneen@tcs.com | Phone: +971567471988

Nordics

Email: roland.bagen@tcs.com | Phone: +46 70 317 80 24

UK

Email: peter.devery@tcs.com | Phone: +44 20 3155 2421

USA / Canada

Email: william.thomas@tcs.com | Phone: +1 203-984-3978

All content / information present here is the exclusive property of Tata Consultancy Services Limited (TCS). The content / information contained here is correct at the time of publishing. No material from here may be copied, modified, reproduced, republished, uploaded, transmitted, posted or distributed in any form without prior written permission from TCS. Unauthorized use of the content / information appearing here may violate copyright, trademark and other applicable laws, and could result in criminal or civil penalties.

Copyright © 2021 Tata Consultancy Services Limited

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SOURCE Tata Consultancy Services

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Financials
Sales 2022 1 907 B 25 692 M 25 692 M
Net income 2022 394 B 5 304 M 5 304 M
Net cash 2022 431 B 5 800 M 5 800 M
P/E ratio 2022 30,1x
Yield 2022 2,36%
Capitalization 11 821 B 159 B 159 B
EV / Sales 2022 5,97x
EV / Sales 2023 5,28x
Nbr of Employees 488 649
Free-Float 27,8%
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Tata Consultancy Services Ltd. Technical Analysis Chart | TCS | INE467B01029 | MarketScreener
Technical analysis trends TATA CONSULTANCY SERVICES LTD.
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TrendsBearishBullishBullish
Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 37
Last Close Price 3 195,80 INR
Average target price 3 485,69 INR
Spread / Average Target 9,07%
EPS Revisions
Managers and Directors
Rajesh Gopinathan CEO, MD & Non-Independent Executive Director
Samir Seksaria Chief Financial Officer
Natarajan Chandrasekaran Non-Executive Chairman
K. Ananth Krishnan Chief Technology Officer
N. Ganapathy Subramaniam COO & Non-Independent Executive Director
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