{"id":102534,"date":"2026-07-13T07:42:09","date_gmt":"2026-07-13T07:42:09","guid":{"rendered":"https:\/\/www.europesays.com\/ch\/102534\/"},"modified":"2026-07-13T07:42:09","modified_gmt":"2026-07-13T07:42:09","slug":"tcs-shares-jump-6-after-expanding-two-decade-partnership-with-abb","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ch\/102534\/","title":{"rendered":"TCS shares jump 6% after expanding two-decade partnership with ABB"},"content":{"rendered":"<p>Shares of <a class=\"stockpage_articles company_link\" href=\"https:\/\/www.cnbctv18.com\/market\/stocks\/tata-consultancy-services-ltd-share-price\/TCS\/\" target=\"_blank\" rel=\"noopener nofollow\">Tata Consultancy Services<\/a> (TCS) climbed as much as 6% on Monday, July 13, after the IT major announced an expansion of its long-standing partnership with global engineering company ABB.<\/p>\n<p>The stock also received support after <a href=\"https:\/\/www.cnbctv18.com\/market\/kotak-institutional-equities-model-portfolio-tcs-sbi-life-included-crisil-dcb-mankid-dlf-share-price-19943773.htm\" target=\"_blank\" rel=\"noopener nofollow\">Kotak Institutional Equities added it to its model portfolio<\/a>.<\/p>\n<p>\n<img decoding=\"async\" loading=\"lazy\" class=\"imageLayout\" src=\"https:\/\/www.europesays.com\/ch\/wp-content\/uploads\/2026\/07\/whatsapp-image-2026-07-13-at-121031-pm-2026-07-a3b86f8dc2a3c5be7a622378cee6dcf9.jpeg\" alt=\"\" width=\"100%\" height=\"360\"\/><br \/>Under a multi-million dollar, multi-year agreement, TCS will take on a broader role in managing ABB&#8217;s global network operations. The engagement builds on a relationship spanning more than two decades and marks a shift from infrastructure and application management to delivering an integrated network-as-a-service model.<\/p>\n<p>As part of the engagement, TCS will support ABB&#8217;s Future Network Model programme, an initiative aimed at modernising and standardising the company&#8217;s global network infrastructure.<\/p>\n<p>The IT services firm will design, integrate and operate ABB&#8217;s worldwide network ecosystem using AI-enabled capabilities while managing a multi-vendor environment.<\/p>\n<p>\nThe project is expected to improve network performance, strengthen cybersecurity and compliance, enhance user experience, and enable more efficient service delivery across ABB&#8217;s global operations.<\/p>\n<p>The transformation will replace fragmented network systems with a centrally managed architecture featuring a global network operations centre, service integration and management (SIAM), advanced security capabilities, and modernised LAN, WAN and software-defined WAN (SD-WAN) infrastructure.<\/p>\n<p>TCS will also provide end-to-end monitoring and orchestration to ensure seamless network operations.<\/p>\n<p>ABB Group CIO Alec Joannou said the programme will strengthen the digital backbone of the company&#8217;s global operations and support its long-term transformation strategy. TCS Manufacturing President Anupam Singhal said the partnership reflects the company&#8217;s &#8220;infrastructure to intelligence&#8221; approach, with AI-driven network operations helping build a more resilient, secure and intelligent digital ecosystem.<\/p>\n<p>The two companies have collaborated for over 20 years on several transformation initiatives, including ERP consolidation onto a unified SAP platform and cloud modernisation programmes.<\/p>\n<p>Separately, Kotak Institutional Equities has included TCS in its latest model portfolio with a 150 basis-point weight.<\/p>\n<p>The brokerage clarified that the move should not be viewed as a bullish call on the broader IT sector, where it continues to maintain an &#8216;underweight&#8217; stance. Instead, it said the addition reflects its discomfort with a significant underweight position in the sector and TCS&#8217; attractive valuation.<\/p>\n","protected":false},"excerpt":{"rendered":"Shares of Tata Consultancy Services (TCS) climbed as much as 6% on Monday, July 13, after the IT&hellip;\n","protected":false},"author":2,"featured_media":102535,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[130],"tags":[232,50482,2252,3186,38213,7710,47445,50484,50483,50486,19408,20728,50485,7771,7708],"class_list":["post-102534","post","type-post","status-publish","format-standard","has-post-thumbnail","category-abb","tag-abb","tag-abb-partnership","tag-ai","tag-digital-transformation","tag-indian-it-sector","tag-it-stocks","tag-kotak-institutional-equities","tag-model-portfolio","tag-network-as-a-service","tag-network-transformation","tag-sd-wan","tag-tata-consultancy-services","tag-tata-group","tag-tcs","tag-tcs-share-price"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ch\/116911547851238545","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/102534","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/comments?post=102534"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/102534\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media\/102535"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media?parent=102534"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/categories?post=102534"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/tags?post=102534"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}