Tech Mahindra trades with traction on the bourses

12 Sep 2016

Tech Mahindra is currently trading at Rs. 464.30, up by 6.05 points or 1.32 % from its previous closing of Rs. 458.25 on the BSE.

The scrip opened at Rs. 457.90 and has touched a high and low of Rs. 465.00 and Rs. 454.55 respectively. So far 38913 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 581.95 on 28-Sep-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. 483.50 and Rs. 452.00 respectively. The current market cap of the company is Rs. 44989.06 crore.

The promoters holding in the company stood at 36.32%, while institutions and non-institutions held 50.33% and 13.36% respectively.

Tech Mahindra has been selected as an index component of the Dow Jones Sustainability Indices (DJSI) for the second year in a row. The company, one amongst the only 3 Indian companies to make it to the ‘DJSI World Index’ and one amongst 10 companies from India making it to the ‘DJSI Emerging markets category’, retained its position in the Dow Jones Sustainability Index under both the categories.

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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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719