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Tech Mahindra gains on setting up BMC Software-Mahindra Center of Excellence

22 Jun 2012 Evaluate

Tech Mahindra is currently trading at Rs. 686.10, up by 1.20 points or 0.18% from its previous closing of Rs. 684.90 on the BSE.

The scrip opened at Rs. 684.00 and has touched a high and low of Rs. 688.80 and Rs. 682.65 respectively. So far 1531 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 797.70 on 27-Jul-2011 and a 52 week low of Rs. 524.20 on 30-Sep-2011.

Last one week high and low of the scrip stood at Rs. 712.00 and Rs. 682.00 respectively. The current market cap of the company is Rs. 8759.94 crore.

The promoters holding in the company stood at 70.82% while Institutions and Non-Institutions held 20.49% and 8.69% respectively. 

Tech Mahindra and Mahindra Satyam have set up BMC Software-Mahindra Center of Excellence (CoE) at Tech Mahindra’s Hinjewadi facility at Pune in India. The CoE is focused around developing solutions leveraging BMC’s Business Service Management (BSM) portfolio and Cloud Lifecycle Management solutions. This center will enable co-innovation and delivery of joint offerings.

In this unique arrangement Tech Mahindra, Mahindra Satyam and BMC Software will showcase complete product integration wherein customers will get firsthand experience of real-life use cases. The CoE will incubate joint capability development by Tech Mahindra and Mahindra Satyam’s Infrastructure Managed Services, Cloud, Service Assurance and Application Performance Management practice groups with focus on developing fully integrated solutions.

Further, Tech Mahindra and Mahindra Satyam, together with BMC Software, are already providing Service Assurance and platform based managed IT services to several large customers. This center will provide complete enablement to articulate BSM solutions and conduct Proof of Concepts or demonstration of joint solutions.

Tech Mahindra Share Price

1511.85 20.95 (1.41%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
TCS 2581.65
Infosys 1318.60
HCL Tech. 1442.50
Wipro 204.35
Tech Mahindra 1511.85
View more..

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