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Tech Mahindra is currently trading at Rs. 519.75, up by 1.30 points or 0.25% from its previous closing of Rs. 518.45 on the BSE.
The scrip opened at Rs. 520.55 and has touched a high and low of Rs. 521.40 and Rs. 518.00 respectively. So far 15330 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 749.50 on 02-Feb-2015 and a 52 week low of Rs. 458.70 on 06-Jul-2015.
Last one week high and low of the scrip stood at Rs. 531.40 and Rs. 514.60 respectively. The current market cap of the company is Rs. 50249.44 crore.
The promoters holding in the company stood at 36.65% while Institutions and Non-Institutions held 49.08% and 14.27% respectively.
Tech Mahindra, a specialist in digital transformation, consulting and business re-engineering, has launched India’s first contactless digital payment ecosystem, branded MoboMoney. MoboMoney is a prepaid wallet issued in the form of an NFC (Near-Field Communication) Contactless Tag. It can be used to ‘Tap n Pay’ on a network of NFC enabled Merchant POS, thus allowing customers without an NFC-enabled phone to enjoy the simple tap and pay experience to purchase goods. Further, with the increasing penetration of NFC enabled Mobile Devices, MoboMoney Mobile Wallet application will soon be available to use the embedded NFC capability of mobile devices along with other cutting edge technologies that would simplify and enhance the customers’ payment experience.
India’s first commercial NFC ecosystem rollout, MoboMoney allows consumers to load their wallet by paying cash at its 1000+ retail network, helping convert cash into e-cash. The money loaded into the customers’ digital wallets can then be used to Tap n pay for over the counter payments, recharges, make bill payments, as well as pay online - converting what were earlier payments done in cash, into digital payments. If the user wishes, he / she can link a bank account to the MoboMoney wallet and can retrieve the unspent amount from the wallet into the linked bank account.
Tech Mahindra has been in Middle East for over 12 years with operaticns across UAE, Saudi Arabia, Qatar, Oman, Kuwait, Bahrain and Turkey. The key focus verticals in the region are Energy & Utility, Telecom, Banking, Retail, Travel & Transport, Public Sector, Healthcare and Sports.
| Company Name | CMP |
|---|---|
| TCS | 3669.50 |
| Infosys | 1406.25 |
| HCL Tech. | 1323.00 |
| Wipro | 437.75 |
| Tech Mahindra | 1232.50 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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