IT giant bags add-on advance purchase order of Rs 2,903.22 crore from Bharat Sanchar Nigam Ltd
The stock is up by 15.5 per cent from its 52-week low of Rs 3,060.25 per share.
Tata Consultancy Services Limited (TCS) announced on May 20, 2025, the receipt of an add-on Advance Purchase Order (APO) from Bharat Sanchar Nigam Limited (BSNL). This order, valued at Rs 2,903.22 crore (inclusive of taxes), is for the comprehensive planning, engineering, supply, installation, testing, commissioning, and annual maintenance of a 4G mobile network across 18,685 sites. This intimation was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and follows a previous communication on May 22, 2023. Detailed Purchase Orders are expected to be issued by BSNL in due course, contingent upon the fulfilment of specific conditions and documentation outlined in the APO.
Tata Consultancy Services Limited (TCS), identifiable by its Bombay Stock Exchange ticker 532540 and National Stock Exchange ticker TCS, has been a pioneering force in digital transformation and technology since its founding in 1968. With a substantial workforce of 607,979 consultants operating in 55 countries and supported by 180 service delivery centres, TCS has achieved recognition as a leading employer across 6 continents. The company reported consolidated revenues exceeding USD 30 billion in the fiscal year ended March 31, 2025. A testament to its long-standing client relationships, some of which have endured for decades, TCS also actively promotes health and community engagement by sponsoring 14 of the world's most prestigious marathons and endurance events, including the TCS New York City Marathon, TCS London Marathon, and TCS Sydney Marathon.
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As the flagship IT services, consulting, and business solutions arm of the Tata Group, Tata Consultancy Services has been instrumental in the transformation journeys of many of the world's largest businesses for over 50 years. Its reputation for customer-centricity and execution excellence has cemented its status as a preferred partner for leading corporations globally. TCS boasts a diverse client base that includes major conglomerates such as Google, Amazon, Azure, Openstack, Adobe, Intel, Bosch, IBM, Apple, Oracle, and Symantec. The company's commitment to innovation is further underscored by its robust research and development efforts, which are deeply aligned with its vision of growth and transformation, continually expanding foundational research in core computing areas.
The company has a market cap of Rs 12.77 lakh crore and has been maintaining a healthy dividend payout of 84 per cent. The company has a good return on equity (ROE) track record: 3 Years ROE 50.3 per cent. The stock is up by 15.5 per cent from its 52-week low of Rs 3,060.25 per share.
Disclaimer: The article is for informational purposes only and not investment advice.