TCS rose 0.29% to Rs 2,534.05 at 10:00 IST on BSE after the company announced a global alliance partnership with Tableau Software, a global leader in rapid-fire, easy-to-use business analytics software.
The company made announcement after market hours yesterday, 20 October 2015.
Meanwhile, the S&P BSE Sensex was up 77.59 points or 0.28% at 27,384.42.
On BSE, so far 5,077 shares were traded in the counter as against average daily volume of 65,278 shares in the past one quarter.
The stock hit a high of Rs 2,542.20 and a low of Rs 2,526.75 so far during the day. The stock had hit a 52-week high of Rs 2,810 on 4 March 2015. The stock had hit a 52-week low of Rs 2,348.25 on 16 December 2014.
The stock had underperformed the market over the past one month till 20 October 2015, declining 1.07% compared with 4.15% rise in the Sensex. The scrip had, however, outperformed the market in past one quarter, dropping 2.05% as against Sensex's 3.92% decline.
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The large-cap IT services provider has equity capital of Rs 195.87 crore. Face value per share is Re 1.
TCS said partnership with Tableau Software is for providing next generation business intelligence and analytics solutions. The partnership will enable customers to quickly and cost-effectively implement and integrate rapid analytics and visualize multi-structured data in forms of patterns, trends and visual insights to drive better real-time decision making.
TCS' consolidated net profit rose 6.5% to Rs 6084.66 crore 5.8% growth in revenue to Rs 27165.48 crore in Q2 September 2015 over Q1 June 2015.
TCS is one of the leading IT services, consulting and business solutions organization. The company offers a consulting-led, integrated portfolio of IT, BPS, infrastructure, engineering and assurance services.
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