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Tech Mahindra gains on launching ‘GAiA’

28 Dec 2018 Evaluate

Tech Mahindra is currently trading at Rs. 712.35, up by 4.25 points or 0.60% from its previous closing of Rs. 708.10 on the BSE.

The scrip opened at Rs. 708.95 and has touched a high and low of Rs. 718.20 and Rs. 708.95 respectively. So far 26893 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 780.05 on 03-Oct-2018 and a 52 week low of Rs. 495.05 on 28-Dec-2017.

Last one week high and low of the scrip stood at Rs. 718.20 and Rs. 687.00 respectively. The current market cap of the company is Rs. 69884.61 crore.

The promoters holding in the company stood at 35.96%, while Institutions and Non-Institutions held 51.77% and 12.28% respectively.

Tech Mahindra has launched GAiA - the first enterprise edition of open source Artificial Intelligence (AI) platform Acumos.  GAiA will enable enterprises across industry verticals to build, share and rapidly deploy AI-driven services and applications to solve business critical problems.

GAiA will also provide support to enterprises in adopting open source AI platform offerings to implement custom use cases, models and integration services. It will be available for commercial purpose and will support open source distribution as well. The various industry solutions and the existing marketplace in GAiA will further be enriched through collaboration with academia, third-party Machine Learning developers and companies.

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.

Tech Mahindra Share Price

1435.80 -4.60 (-0.32%)
13-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
TCS 2472.65
Infosys 1277.35
HCL Tech. 1429.90
Wipro 203.00
Tech Mahindra 1435.80
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