Bengaluru, Dec. 17 -- This company, which is the flagship company and a part of the Tata group with IT services, consulting and business solutions organisations that have been partnering with many of the world's largest businesses in their transformation journeys for over 50 years, had its shares in focus today after reports stating that a deal worth $1 billion from Telefonica UK has been secured by the firm.
With the market cap of Rs 11,63,576 crore, the shares of Tata Consultancy Services Ltd had hit its intraday high at Rs 3,236.10, gaining almost 1 per cent compared to its previous day closing price of Rs 3204.55. The shares are trading at a PE of 23.2, whereas its industry PE is at 26.1
About the deal
TCS has, as per media reports...
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