TCS shares rise nearly 1% on securing multi-year deal to transform Elopak’s IT operations

The stock was up 0.84% at ₹2,217.50 per unit on the National Stock Exchange (NSE) at 12:04 pm. The company’s market capitalisation (m-cap) stood at ₹8,01,587.29 crore, while free-float m-cap stood at ₹2,25,669.44 crore.

The scrip had hit its 52-week high of ₹3,538 per share on June 18, 2025, while its 52-week low of ₹2,110 apiece was recorded on June 11, 2026.

The stock has gained 2.91% in the past week, while it has fell 2.09% in a month. Year-to-date, it has slipped 31.32%.

Under this partnership, TCS will be the strategic IT partner of Elopak, which is operating in more than 40 countries and serving customers in over 70 markets.

The strategic IT programme will modernise its end-to-end information technology services, including establishing an integrated service desk and enhancing key enterprise applications.

Anupam Singhal, President - Manufacturing, TCS, said that the collaboration will help Elopak modernise its IT operations with artificial intelligence (AI), cloud and automation.

"Together, we look forward to supporting Elopak’s growth strategy and sustainability ambitions as it continues to deliver innovative and sustainable packaging solutions to customers and consumers around the world," he added.

Merethe Johansen, CIO at Elopak, said the partnership will help improve "efficiency, enhance user experience and support our growth objectives as we move towards our 2030 vision driving above-market growth, and advancing our strategic priorities."

On Tuesday, TCS had announced a multi-year deal with Tottenham Hotspur Football Club to serve as the club's digital transformation partner.

According to the deal, TCS will leverage its expertise in Salesforce and cybersecurity to support the club's digital operations. The Mumbai-headquartered company will also enable advanced analytics and insights, helping the football club to harness data, modernise systems and build a future-ready digital platform.