Mahindra Satyam gains on extending partnership with Pegasystems to include Tech Mahindra

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

07 Aug 2012 Evaluate

Mahindra Satyam is currently trading at Rs. 88.60, up by 1.05 points or 1.20% from its previous closing of Rs. 87.55 on the BSE.

The scrip opened at Rs. 88.00 and has touched a high and low of Rs. 88.60 and Rs. 87.85 respectively. So far 28,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 91.85 on 03-Aug-2012 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. 91.85 and Rs. 82.35 respectively. The current market cap of the company is Rs. 10,426.00 crore.

The promoters holding in the company stood at 42.64% while Institutions and Non-Institutions held 29.32% and 28.04% respectively.

Leading global consulting and IT services provider, Mahindra Satyam’s partnership with Pegasystems, the industry leader in Business Process Management and Customer Relationship Management solutions, has been extended to include Tech Mahindra. Mahindra Satyam has been in strategic partnership with Pegasystems since 2003 and has delivered hundreds of successful business transformation solutions leveraging Pega technology. The landscape of customers who have benefited from Pega solutions is spread globally across more than 15 industries, including banking and financial services, insurance, healthcare, retail, energy, utilities and manufacturing.

Mahindra Satyam’s expertise and success across various global implementations are supported by a dedicated Center-of-Excellence. Mahindra Satyam’s customers benefit from its expertise in many ways, including through improved innovation, productivity, quality and knowledge management on their key engagements. Pegasystems recognized Mahindra Satyam’s commitment to customer success and practice development by presenting it an award for Innovative solutions in 2007 and Innovative project implementation in 2008.

Mahindra Satyam is a global business consulting and information technology service company leveraging deep industry and functional expertise, leading technology practices and a global delivery model to help business transform their process and improve performance.

Mahindra Satyam Share Price

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Peers

Company Name	CMP
TCS	2392.45
Infosys	1176.80
HCL Tech.	1194.95
Wipro	196.60
Tech Mahindra	1457.10
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