Tech Mahindra moves up on plan to set up Center for Excellence in Robotics in Tirupati

05 Apr 2016

Tech Mahindra is currently trading at Rs. 470.75, up by 0.10 points or 0.02% from its previous closing of Rs. 470.65 on the BSE.

The scrip opened at Rs. 474.80 and has touched a high and low of Rs. 474.80 and Rs. 468.45 respectively. So far 13121 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 681.20 on 09-Apr-2015 and a 52 week low of Rs. 407.50 on 29-Feb-2016.

Last one week high and low of the scrip stood at Rs. 483.25 and Rs. 460.45 respectively. The current market cap of the company is Rs. 45506.43 crore.

The promoters holding in the company stood at 36.48 % while Institutions and Non-Institutions held 48.94 % and 14.50 % respectively.

Tech Mahindra is planning to set up a Center for Excellence in Robotics and Analytics Department at the International Institute of Digital Technologies in Tirupati. The company will also facilitate employment for 1,000 people at the Tech Mahindra facility in Visakhapatnam in Andhra Pradesh.

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.

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Tech Mahindra Share Price

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323