TCS has moved up after signing a five-year deal with Malaysia Airlines for end-to-end information technology infrastructure services. The stock is trading at Rs 842, stronger by Rs 15 or 1.9%, on the BSE. The shares had opened at Rs 830, which also happened to be the day's low, and have touched a high of Rs 844 thus far.
The partnership is part of the MAS strategic IT outsourcing program to transform the airlines’ operations.
TCS provides world-class IT services, business solutions and outsourcing activities.
