Tata Consultancy Services, popularly called TCS, is an Indian multinational information technology (IT) services and consulting company. It was founded in 1968 and is headquartered in Mumbai. It is part of the Tata Group and currently operates in about 149 locations across 46 countries worldwide.
Tata Consultancy Services is the largest Indian company by market capitalisation and is one of the most valuable IT services brands. In 2015, the company was ranked 64th in the Forbes world’s most innovative companies, making it both the highest-ranked IT services company and the top-ranked Indian company.
It also ranked 11th on the Fortune India 500 in 2018 and became the first Indian IT company to have reached 100 billion dollars’ worth in market capitalisation. TCS has also been ranked as India’s most valuable brand for four consecutive years from 2016 to 2019. The brand has been recognized by Forbes as one of the World’s 100 Most Valuable Brands 2020. TCS is now placed among the ‘Big 4’ most valuable IT services brands worldwide.
TCS is globally renowned and marked by many acquisitions, including TCS Netherlands BV, which acquires 75% stakes in the Technosoft Switzerland and TCS FNS Pty Ltd., another subsidiary that acquires 100% stake in TCS Management Pty Ltd. in Australia. By March 2018, Tata Consultancy Services had about 50 subsidiaries and was ranked as the fastest growing IT service, making it the top three such ventures.
As of April 16, 2021, TCS’ market capitalisation was worth Rs. 11,81,218.07 crore. By March 2021, the company reported quarterly revenue of Rs. 36,017.00 crore is listed on stock market at Bombay Stock Exchange and National Stock Exchange with 532540 and the symbol TCS, respectively. Here, are some reasons you should invest in the TCS share.
- TCS is one of the largest and most successful companies in India.
- The brand offers an opportunity to invest in a company with a proven track record of delivering strong financial results.
- It is the largest IT service company in India.
- The company has a prominent global presence.
- It has a market capitalisation of approximately Rs. 11,81,218.07 crore.
- It gives you exposure to many different sectors, helping you diversify your portfolio.
- It is a well-established company with a strong track record, making it a safe investment option.
- It is known as the most profitable Tata Sons company.
- It generates more than 80% of Tata Sons’ total income.
- TCS had more than a 100 dollar billion valuation as of April 2019.
- TCS is expanding rapidly and is expected to continue to grow at a fast pace in the future. This provides investors with the potential to earn high returns on their investment.
- TCS share offers investors an attractive proposition with the potential for high returns and long-term capital appreciation.
- The company is effectively using its revenue to generate profits.
- It is a no debt company.
Remember, TCS is a growing company, and the TCS share price is on the rise. It is said to be one of the most promising investments, and therefore, if you plan to invest, the TCS share price NSE is the right one to invest in.
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