Tech Mahindra is currently trading at Rs 513.60, up by 9.20 points or 1.82% from its previous closing of Rs. 504.40 on the BSE.
The scrip opened at Rs. 495.65 and has touched a high and low of Rs. 515.00 and Rs. 494.70 respectively. So far 133483 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. 525.90 and Rs. 497.00 respectively. The current market cap of the company is Rs. 49719.56 crore.
The promoters holding in the company stood at 36.65% while Institutions and Non-Institutions held 49.08% and 14.27% respectively.
Tech Mahindra, a leading provider of IT, Networks & Engineering solutions and BPO services, has entered into a strategic alliance with MetricStream, Inc the global market leader in Governance, Risk and Compliance (GRC) Management Apps to deliver GRC Solutions across the globe.
MetricStream’s leading enterprise and cloud apps for GRC allow clients to strengthen risk management, regulatory compliance, vendor governance and quality management while driving business performance. Tech Mahindra has been working with MetricStream products and solutions on integration and acceptance testing as well as defining, implementing and testing of end-to-end GRC processes.
Further, Tech Mahindra has established a dedicated MetricStream Center of Excellence (CoE) in Bangalore, India, which will be supported by expert consulting services worldwide in various geographical markets. The GRC offering will target verticals such as BFSI, Retail, Manufacturing, Healthcare, Telecom and Infrastructure.