Tech Mahindra trades in pink of its health on BSE

10 Jun 2014

Tech Mahindra is currently trading at Rs. 2007.20, up by 51.15 points or 2.61 % from its previous closing of Rs. 1956.05 on the BSE.

The scrip opened at Rs. 1965.00 and has touched a high and low of Rs. 2025.00 and Rs. 1960.35 respectively. So far 111660 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1988.75 on 09-Jun-2014 and a 52 week low of Rs. 923.40 on 11-Jun-2013.

Last one week high and low of the scrip stood at Rs. 1988.75 and Rs. 1869.00 respectively. The current market cap of the company is Rs. 46988.82 crore.

The promoters holding in the company stood at 36.29 % while Institutions and Non-Institutions held 48.80 % and 14.91 % respectively.

Tech Mahindra, a leading IT services provider of connected solutions to the connected world, and Informatica Corporation, the world’s number one independent provider of data integration software, announced an expansion of their decade-long strategic association. The already established global alliance now brings further value to customers through its new data management services. Customers will benefit extensively from Tech Mahindra’s rich experience in data management services, along with Informatica’s cutting-edge data integration solutions.

Customers utilizing these data management services will benefit from reliable, reusable and repeatable offerings with predictable outcomes. This will be delivered through Tech Mahindra’s copyrighted framework: UDMF (Unified Data Migration Framework), DQMS (Data Quality Management Services) and iDecisions, a packaged analytic framework that enables businesses to interpret information, discover knowledge and make innovative decisions.

Further, Tech Mahindra and Informatica announced plans for joint investments in developing solutions at Tech Mahindra Research Centers in Pune, Bangalore and Hyderabad. The Research Centers will focus on building portable frameworks, solutions and offerings and make them Informatica Vibe-enabled. The Informatica Vibe Virtual Data Machine is an embeddable data management engine that can access, aggregate and manage numerous types of data.

Related Tech Mahindra Ltd. Links:

Tech Mahindra Share Price

969.40 1.15 (0.12%) Mar 05, 13:17
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323