Tata Consultancy Services Limited has informed the Exchange regarding 'Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015'.
TCS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
TCS has received an add-on Advance Purchase Order (APO) worth ₹2,903.22 crore (inclusive of taxes) from BSNL, a government-owned telecom company. The work involves planning, engineering, supply, installation, testing, commissioning, and annual maintenance of a 4G mobile network across 18,685 sites. This is an extension of a prior order referenced in May 2023. Detailed purchase orders will follow once BSNL completes certain conditions and documentation.
Mildly positive for TCS as it adds to the telecom infrastructure order book, but at roughly 1.2% of TCS's annual revenue (around ₹2.4 lakh crore), it is not large enough to materially move the stock.