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Mahindra Satyam gains on launching innovative structural quality service

Mahindra Satyam Ltd. (Amalgamated) | IT - Software | IT & ITES | BSE: 500376 | NSE: SATYAMCOMP

04 Apr 2012 Evaluate

Mahindra Satyam is currently trading at Rs 80.60, up by 0.90 points or 1.13% from its previous closing of Rs 79.70 on the BSE.

The scrip opened at Rs 79.90 and has touched a high and low of Rs 80.70 and Rs 79.00 respectively. So far 301528 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 2 has touched a 52 week high of Rs 94.20 on 05-Jul-2011 and a 52 week low of Rs 62.10 on 26-Aug-2011.

Last one week high and low of the scrip stood at Rs 81.40 and Rs 75.70 respectively. The current market cap of the company is Rs 9361.43 crore.

The promoters holding in the company stood at 42.65% while Institutions and Non-Institutions held 21.28% and 30.12% respectively.

Mahindra Satyam has launched Structural Testing Analysis and Measurement of Projects (STAMP). An offering aimed at beaming a unique spotlight into the unexplored structural quality of its clients’ most business critical applications.

This launch is a first step of the strategic partnership between Mahindra Satyam and CAST, the world leader in Software Analysis and Measurement (SAM). This new offering aims at analyzing structural quality of the application stack resulting in delivering higher performance, greater reliability and increased security to the customers as well as reducing underlying technical debt.

Mahindra Satyam is a leading global business and information technology services company that leverages deep industry and functional expertise, leading technology practices, and an advanced, global delivery model to help clients transform their highest-value business processes and improve their business performance.

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Peers

Company Name	CMP
TCS	2566.30
Infosys	1313.00
HCL Tech.	1443.40
Wipro	209.50
Tech Mahindra	1482.35
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Mahindra Satyam gains on launching innovative structural quality service

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