{"id":120632,"date":"2026-06-17T12:40:40","date_gmt":"2026-06-17T07:10:40","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=120632"},"modified":"2026-06-17T12:40:41","modified_gmt":"2026-06-17T07:10:41","slug":"tcs-share-price-elopak-it-deal-june-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/tcs-share-price-elopak-it-deal-june-2026\/","title":{"rendered":"TCS Share Price Gains 1% on 17 June 2026 After Company Bags Multi-Year IT Transformation Deal With Norway-Based Packaging Firm Elopak"},"content":{"rendered":"
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TCS share price Rs 2,219.40, +0.93% (17 Jun 2026). Day high Rs 2,231. Elopak multi-year IT deal announced 17 Jun. 52W High Rs 3,538, 52W Low Rs 2,110. Market Cap ~Rs 8.03 lakh Cr.<\/em><\/p>\n

TCS share price rose approximately 1% to Rs 2,219.40 on 17 June 2026 after Tata Consultancy Services announced a multi-year agreement to transform and manage the global IT operations of Elopak ASA, a Norway-founded global carton packaging company. The deal, announced on 17 June 2026, positions TCS as Elopak’s strategic IT partner, deploying its Cognix AI-powered service delivery suite built on the Machine First philosophy to modernise end-to-end IT services through a process-centric operating model. The TCS share price move comes at a time when the stock is trading near its 52-week low of Rs 2,110, battered by fears of AI-led disruption to traditional IT services revenue. TCS share price has fallen approximately 34% in 2026 year-to-date, making each incremental deal win an important signal to investors that the company is securing large-enterprise AI transformation mandates rather than losing ground to automation.<\/p>\n

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