TCS Shares Gain After Securing Five-Year NHS Supply Chain Contract

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Tata Consultancy Services Ltd.’s share price rose 1.68% on Wednesday a day after the company secured a five-year contract from the UK's National Health Service supply chain to provide application development support and maintenance for its core business systems and cloud infrastructure.

Under the partnership, TCS will implement a suite of cloud and AI-driven solutions to modernise NHS Supply Chain’s IT infrastructure, aiming to boost operational efficiency, the company said in an exchange filing on Tuesday.

The initiative includes replacing legacy systems with a next-generation Supply Chain ERP platform and shifting to a product- and platform-based IT operating model, in