Tata Consultancy Services (TCS) shares gained on Monday after it announced that TCSBaNCS for insurance will enable carriers to leapfrog the digital divide through analytics and by leveraging ISO Electronic Rating Content (ERC) information.
TCS BaNCS' insurance solution encompasses a transformational digital strategy that builds on data analytics, mobility, portal and social media. TCS BaNCS has integrated ISO ERC and offers a richly functional core platform that not only helps carriers serve today's customers better but also embrace customer's changing aspirations and needs of the future.
Shares of the company are trading at Rs 2,115, up Rs 30.95, or 1.49% at the Bombay Stock Exchange (BSE) on Monday at 3:13 p.m.
The scrip has touched an intra-day high of Rs 2,119 and low of Rs 2,080. The total volume of shares traded at the BSE is 70,016.
In the earlier session, the shares lost 1.02%, or Rs 21.5, at Rs 2,084.05.
Currently, the stock is trading down 11.29% from its 52-week high of Rs 2,384.20 and above 53.03% over the 52-week low of Rs 1,382.10.