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    TCS   INE467B01029

TATA CONSULTANCY SERVICES LTD.

(TCS)
  Report
Delayed NSE India Stock Exchange  -  06:23 2022-11-25 am EST
3389.65 INR   +0.28%
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Chief Executives for Corporate Purpose, Tata Consultancy Services, and PYXERA Global: Attaining Mental Health Equity

09/27/2022 | 12:33pm EST

Chief Executives for Corporate Purpose (CECP) in partnership with Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) and PYXERA Global, announced a new slate of programs and events for Digital Empowers, a groundbreaking initiative that brings together organizations from different sectors to explore how transformative digital innovations can solve local and global challenges. A session happening October 6 at 01:00 PMET will discuss Attaining Mental Health Equity.

Amid a global shortage of traditional healthcare services, new applications for technology in healthcare have made getting care more accessible. Mental health equity will only be achieved through multi-channel efforts that respond to behavioral health disparities shown through data, require policy changes, expand the behavioral health workforce development, and communication strategies that increase awareness and access to information. Technology is a critical tool in collecting the data, attaining policy change, making development opportunities accessible, and supporting communications to reach underserved communities. Mental health is a critical pillar of community wellness and vitality.

This virtual forum is the fifth in a series addressing our most pressing societal challenges as a part of the Digital Empowers program. Through Digital Empowers, TCS has partnered with Chief Executives for Corporate Purpose (CECP) and PYXERA Global to foster cross-sector collaboration using leading-edge technology and digital innovations to make progress on core social issues, such as the transition to a circular economy, food security, the future of work, access to healthcare, and more.

Register here https://on.tcs.com/DE_HealthEquity to join this important conversation.

####

About Chief Executives for Corporate Purpose (CECP)

CECP is a CEO-led coalition that believes that a company's social strategy - how it engages with key stakeholders including employees, communities, investors, and customers -determines company success. Founded in 1999 by actor and philanthropist Paul Newman and other business leaders to create a better world through business, CECP has grown to a movement of more than 200 of the world's largest companies that represent $11.2 trillion in revenues, $23 billion in societal investment, 14 million employees, and $21 trillion in assets under management. CECP helps companies transform their social strategy by providing customized connections and networking, counsel and support, benchmarking and trends, and awareness building and recognition. For more information, visit http://cecp.co.

About Tata Consultancy Services

Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world's largest businesses in their transformation journeys for over 50 years. TCS offers a consulting-led, cognitive-powered, integrated portfolio of business, technology and engineering services and solutions. This is delivered through its unique Location Independent Agile(TM) delivery model, recognized as a benchmark of excellence in software development.

A part of the Tata group, India's largest multinational business group, TCS has over 592,000 of the world's best-trained consultants in 46 countries. The company generated consolidated revenues of US $25.7 billion in the fiscal year ended March 31, 2022, and is listed on the BSE (formerly Bombay Stock Exchange) and the NSE (National Stock Exchange) in India. TCS' proactive stance on climate change and award-winning work with communities across the world have earned it a place in leading sustainability indices such as the MSCI Global Sustainability Index and the FTSE4Good Emerging Index. For more information, visit www.tcs.com

About PYXERA Global

Our goal is simple: to enrich lives and livelihoods worldwide, inclusively and sustainably.

For over thirty years, PYXERA Global has leveraged the unique strengths of corporations, governments, and social sector organizations to create groundbreaking partnerships that leverage the innovation in each to create meaningful change worldwide. For more information, visit https://www.pyxeraglobal.org

Tweet me: Let's talk about a critical pillar of #community vitality: #mentalhealth. Join @CECPtweets, @AneriPattani, @KHNews, @NitinKumar @tcs_na, LA Times, EY Americas at the #DigitalEmpowersUS panel Oct. 6 at 1 pm ET. Register: https://on.tcs.com/DE_HealthEquity

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(C) 2022 M2 COMMUNICATIONS, source M2 PressWIRE

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Analyst Recommendations on TATA CONSULTANCY SERVICES LTD.
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Financials
Sales 2023 2 219 B 27 139 M 27 139 M
Net income 2023 423 B 5 170 M 5 170 M
Net cash 2023 344 B 4 213 M 4 213 M
P/E ratio 2023 29,4x
Yield 2023 2,25%
Capitalization 12 403 B 152 B 152 B
EV / Sales 2023 5,44x
EV / Sales 2024 4,92x
Nbr of Employees 592 195
Free-Float 27,7%
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Number of Analysts 39
Last Close Price 3 389,65 INR
Average target price 3 394,95 INR
Spread / Average Target 0,16%
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Managers and Directors
Rajesh Gopinathan CEO, MD & Non-Independent Executive Director
Samir Seksaria Chief Financial Officer
Natarajan Chandrasekaran Non-Executive Chairman
K. Ananth Krishnan Chief Technology Officer
N. Ganapathy Subramaniam COO & Non-Independent Executive Director
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