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Tech Mahindra surges on expanding operations in Bhubaneswar

Tech Mahindra Ltd. | IT - Software | IT & ITES | BSE: 532755 | NSE: TECHM

11 Dec 2014 Evaluate

Tech Mahindra is currently trading at Rs. 2620.95, up by 50.70 points or 1.97 % from its previous closing of Rs. 2570.25 on the BSE.

The scrip opened at Rs. 2567.50 and has touched a high and low of Rs. 2629.05 and Rs. 2560.00 respectively. So far 27147 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2741.00 on 21-Nov-2014 and a 52 week low of Rs. 1665.00 on 12-Dec-2013.

Last one week high and low of the scrip stood at Rs. 2705.00 and Rs. 2557.00 respectively. The current market cap of the company is Rs. 61726.03 crore.

The promoters holding in the company stood at 35.99 % while Institutions and Non-Institutions held 50.27 % and 13.74 % respectively.

Tech Mahindra, a specialist in digital transformation, consulting and business re-engineering, has inaugurated the new IT block in the city, adding to the existing block that houses 500 associates. The total capacity of the Bhubaneswar facility with the addition of new building will be 1111 seats. The new building is based on modern architecture completely controlled through Integrated Building Management System.

Tech Mahindra has been delivering world-class and innovative services to some of their Fortune 100 clients through its Bhubaneswar Development Center. The company aims to recruit more people through local hiring, adding to its existing strong operations base in the region.

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.

Tech Mahindra Share Price

1511.85 20.95 (1.41%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
TCS	2581.65
Infosys	1318.60
HCL Tech.	1442.50
Wipro	204.35
Tech Mahindra	1511.85
View more..

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Tech Mahindra surges on expanding operations in Bhubaneswar

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