TCS led consortium wins more than Rs. 15,000 crore order from BSNL

The consortium led by Tata Consultancy Services Limited has received an Advance Purchase Order valued over Rs. 15,000 crore from BSNL, a 100% Govt. of India owned Public Sector Undertaking, for the deployment of a 4G network across India.

Tejas Networks Ltd. is a part of the TCS-led consortium that successfully bid for the BSNL pan-India 4G project. BSNL has issued Advance Purchase Order (APO) to TCS as well as ITI for this project. As a part of the consortium, Tejas Networks will supply and service the Radio Access Networks (RAN) equipment.

Shares of Tata Consultancy Services Limited was last trading in BSE at Rs. 3221.75 as compared to the previous close of Rs. 3199.95. The total number of shares traded during the day was 38600 in over 5784 trades.

The stock hit an intraday high of Rs. 3233.95 and intraday low of 3202.10. The net turnover during the day was Rs. 124287601.00.

Shares of Tejas Networks Limited was last trading in BSE at Rs. 643.10 as compared to the previous close of Rs. 650.30. The total number of shares traded during the day was 26729 in over 1649 trades.

The stock hit an intraday high of Rs. 654.25 and intraday low of 640.00. The net turnover during the day was Rs. 17254499.00.

Source : Equity Bulls

Keywords

TataConsultancyServices INE467B01029 TCS TejasNetworks INE010J01012 OrderWin BSNL 4GNetwork