{"id":110334,"date":"2023-09-20T14:50:00","date_gmt":"2023-09-20T09:20:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=110334"},"modified":"2023-09-20T13:46:52","modified_gmt":"2023-09-20T08:16:52","slug":"tata-group-stock-hits-52-week-high-after-company-partners-with-norways-national-payment-systems","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/tata-group-stock-hits-52-week-high-after-company-partners-with-norways-national-payment-systems\/","title":{"rendered":"Tata Group stock hits 52-week high after company partners with Norway\u2019s national payment systems"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2122529185\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>This Tata group stock reached its 52- week high in the market today after the company announced its&nbsp; partnership with BankID BankAxept AS. The stock saw a potential movement during the trading session.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3717936176\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>Share price of <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/TCS\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">TCS<\/a><\/strong> opened at Rs. 3,580 levels and traded higher to reach its 52- week high of Rs. 3625 levels. The stock has given a return of 6% in the last month and 20.16% in the last one year.<\/p><p>On the morning of 20 Sep 2023, the company announced its selection by BankID BankAxept AS which is the national payment and electronic identity systems of Norway. TCS has been asked to set up and manage an operations command in order to increase the security, resilience and availability of Norway&#8217;s condemning financial infrastructure.<\/p><p>Comparing its financials on a QoQ basis, the company recorded a revenue of Rs. 59,381 crore in Q4FY23 increased 0.3% to Rs. 59,162 crore in Q1FY24. Its net profit of Rs. 11,392 crore reduced 2.7% to Rs. 11,074 crore in Q1FY24. It maintains a low debt to equity ratio of 0 and has a good average for the last&nbsp; three years of 43.31<\/p><div class=\"trade-content_5\" id=\"trade-1147871066\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Tata Consultancy Services under the Tata Group&nbsp; conglomerate is engaged in IT services, business solutions and consulting. It was established back in the year of 1968.<\/p><p>The company provides multiple services such as banking, financial services, education, telecommunications, healthcare, and a few others.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Bhumika Khandelwal<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-1012945544\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>This Tata group stock reached its 52- week high in the market today after the company announced its&nbsp; partnership with BankID BankAxept AS. The stock saw a potential movement during the trading session. Share price of TCS opened at Rs. 3,580 levels and traded higher to reach its 52- week high of Rs. 3625 levels. [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":34117,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[948,936,12285,7544,12286,4107],"class_list":["post-110334","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-stock-market","tag-stock-market-news","tag-tcs-latest-deals","tag-tcs-latest-news","tag-tcs-norway-partnership","tag-tcs-share-price"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Tata Group stock hits 52-week high after company partners with Norway\u2019s national payment systems - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"This Tata group stock reached its 52- week high in the market today after the company announced its\u00a0 partnership with BankID BankAxept AS. 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