Tech Mahindra moves up on the bourses

16 Oct 2014

Tech Mahindra is currently trading at Rs. 2368.10, up by 2.00 points or 0.08% from its previous closing of Rs. 2366.10 on the BSE.

The scrip opened at Rs. 2365.05 and has touched a high and low of Rs. 2389.30 and Rs. 2360.85 respectively. So far 11102 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. 2507.40 and Rs. 2306.25 respectively. The current market cap of the company is Rs. 55836.78 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 has been recognized in the Leadership zone for the third consecutive year and ranked among the top 4 global integrated engineering and product engineering R&D service providers by Zinnov. Tech Mahindra has also been rated in the Leadership zone across four major industry verticals- Aerospace, Automotive, Telecom, and Industrial.

Zinnov Management Consulting, a leading globalization and market expansion advisory firm conducted the first ever rating of the top R&D service providers globally in 2009. The Global Service Provider Report (GSPR) quickly became a well-accepted document as an objective analysis of the top Product Engineering Services Providers across the globe. GSPR provides a holistic rating of the Global Engineering Service Providers involved in providing Engineering Services across verticals. Zinnov provides vertical specific rating for 13 verticals and cumulative overall rating of Global Engineering Services Providers.

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.

Related Tech Mahindra Ltd. Links:

Tech Mahindra Share Price

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323