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ValueProductPastPerformance

Company NameReco DateReco PriceExit PriceExit Date% ReturnIn days
ITC Ltd. 28/12/2023464.20487.5002/01/2025 5.02% 1 yrs
Britannia Industries Ltd. 27/07/20234,875.805,028.2512/11/2024 3.13% 1 yrs
JSW Steel Ltd. 22/02/2024826.951,003.0026/09/2024 21.29% 217 days
Bajaj Auto Ltd. 22/08/20249,910.0011,930.0017/09/2024 20.38% 26 days
Dr. Reddy's Laboratories Ltd. 26/10/20235,429.306,536.0005/07/2024 20.38% 253 days
Shriram Finance Ltd. 25/04/20242,430.102,955.0028/06/2024 21.60% 64 days
Coal India Ltd. 25/01/2024389.50501.6022/05/2024 28.78% 118 days
Infosys Ltd. 27/10/20221,522.601,411.6019/04/2024 -7.29% 1 yrs
State Bank Of India 25/05/2023581.30782.0505/03/2024 34.53% 285 days
The Indian Hotels Company Ltd. 24/08/2023401.85517.9007/02/2024 28.88% 167 days

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Tata Consultancy Services gains on partnering with B3i
Rishikesh Gaikwad
/ Categories: Trending

Tata Consultancy Services gains on partnering with B3i

Tata Consultancy Services (TCS) today announced its partnership with B3i Services AG to design, develop & launch ecosystem innovations based on distributed ledger technology (DLT) for the insurance industry.

B3i Services AG is a global industry-led blockchain initiative. Simplistically, a distributed ledger is a consensus of replicated, shared, and synchronised digital data geographically spread across multiple sites. A distributed ledger has no central administrator. It requires a peer-to-peer network as well as consensus algorithms to ensure the undertaking of replication across nodes. 

This partnership will help accelerate the digitisation of insurance for faster and more efficient delivery of tailored solutions to support risk managers, insurers, brokers, reinsurers, and industry service providers. Partners and customers will be able to leverage the B3i Fluidity® platform by reusing common components & services.

Banking, financial services & insurance segment is the main revenue contributor of TCS. As of FY20, BFSI contributed nearly 39 per cent of the company’s revenue.

The stock of TCS closed at 2632.65 today, 1.11 per cent higher than its previous day’s close. The intraday high was 2664.75, while its intraday low was 2602.

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