Tech Mahindra trades higher on the bourses

01 Sep 2015

Tech Mahindra is currently trading at Rs. 520.50, up by 4.90 points or 0.95% from its previous closing of Rs. 515.60 on the BSE.

The scrip opened at Rs. 515.00 and has touched a high and low of Rs. 523.75 and Rs. 510.15 respectively. So far 66071 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. 542.70 and Rs. 493.30 respectively. The current market cap of the company is Rs. 49970.35 crore.

The promoters holding in the company stood at 36.68% while Institutions and Non-Institutions held 48.15% and 15.17% respectively.

Tech Mahindra’s in-house developed platform TAP (Tech Mahindra Analytics Platform) for Big Data solutions has been certified by Hortonworks, a technology leader and ecosystem builder for the Apache Hadoop industry. TAP, an asset-based delivery kit, addresses the critical and evolving needs of customers with a multitude of diverse use cases in Big Data Analytics. It is one of the major technology initiatives in the Analytics area and the certification by Hortonworks adds further value to this asset and enables the delivery of analytics solutions on the HWX platform.

Built as loosely-coupled, customizable and reusable building blocks, TAP provides off-the-shelf analytical solutions and addresses business needs for verticalized solutions in Telecom, BFSI, Healthcare and Life sciences and Manufacturing.

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

776.10 -3.30 (-0.42%) Sep 29, 13:03
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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