The stock also received support after Kotak Institutional Equities added it to its model portfolio.
Under a multi-million dollar, multi-year agreement, TCS will take on a broader role in managing ABB’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.
As part of the engagement, TCS will support ABB’s Future Network Model programme, an initiative aimed at modernising and standardising the company’s global network infrastructure.
The IT services firm will design, integrate and operate ABB’s worldwide network ecosystem using AI-enabled capabilities while managing a multi-vendor environment.
The project is expected to improve network performance, strengthen cybersecurity and compliance, enhance user experience, and enable more efficient service delivery across ABB’s global operations.
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.
TCS will also provide end-to-end monitoring and orchestration to ensure seamless network operations.
ABB Group CIO Alec Joannou said the programme will strengthen the digital backbone of the company’s global operations and support its long-term transformation strategy. TCS Manufacturing President Anupam Singhal said the partnership reflects the company’s “infrastructure to intelligence” approach, with AI-driven network operations helping build a more resilient, secure and intelligent digital ecosystem.
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.
Separately, Kotak Institutional Equities has included TCS in its latest model portfolio with a 150 basis-point weight.
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 ‘underweight’ stance. Instead, it said the addition reflects its discomfort with a significant underweight position in the sector and TCS’ attractive valuation.
