Tech Mahindra is currently trading at Rs. 2360.65, up by 25.15 points or 1.08% from its previous closing of Rs. 2335.50 on the BSE.
The scrip opened at Rs. 2331.00 and has touched a high and low of Rs. 2385.00 and Rs. 2311.00 respectively. So far 61177 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2541.90 on 01-Oct-2014 and a 52 week low of Rs. 1467.00 on 25-Oct-2013.
Last one week high and low of the scrip stood at Rs. 2541.00 and Rs. 2306.25 respectively. The current market cap of the company is Rs. 55707.83 crore.
The promoters holding in the company stood at 36.15% while Institutions and Non-Institutions held 49.87% and 13.97% respectively.
Tech Mahindra, a specialist in digital transformation, consulting and business re-engineering, has successfully launched and operationalized ‘The HUB for Airbus Group’. The HUB is a long term transition from current execution models to a platform based approach in Product Development and Engineering services. The HUB will deliver multi-domain services and solutions, ranging from product development to after-market services to the Airbus Group.
The HUB is the right example of a model aimed at servicing multi-domain, multi locational activities of Airbus Group by synergizing the competencies of Tech Mahindra and its partners.
Tech Mahindra is a leading provider of solutions and services to the telecommunications industry with a majority stake owned by Mahindra & Mahindra. The company, since 2002 has operations in China with offices in Beijing, Shanghai, Nanjing and Guangzhou.