SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Tech Mahindra trades sanguine on the bourses

05 Sep 2012 Evaluate

Tech Mahindra has acquired Hong Kong-based Hutchison Whampoa’s call centre and back office business in India in an all-cash transaction of $87.1 million

Tech Mahindra is currently trading at Rs. 831.95, up by 11.05 points or 1.35% from its previous closing of Rs 820.90 on the BSE.

The scrip opened at Rs 819.00 and has touched a high and low of Rs 833.35 and Rs. 814.05 respectively. So far 78799 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 887.70 on 27-Aug-2012 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 833.40 and Rs 775.00 respectively. The current market cap of the company is Rs 10616.92 crore.

The promoters holding in the company stood at 70.78% while Institutions and Non-Institutions held 20.68% and 8.54% respectively.

Tech Mahindra, a leading provider of solutions and services to the telecommunications industry, has acquired 100% stake in Hutchison Global Services for $87.1 million, payable upfront.

This acquisition builds on the significant relationship between Tech Mahindra and the Hutchison group across multiple countries. The acquisition will provide significant enhancement of Tech Mahindra’s expertise in the customer management space and will thus be a key component of its strategic plans going forward. In addition, the acquisition will enable Tech Mahindra to leverage the acquired capabilities and scale for expanding the scope of their existing services to other parts of the Hutchison group, and also to other customers and verticals.

As part of the deal, the clients of Hutchison Global Services have committed to procure services worth $845 million over a 5 year period, and have agreed to Hutchison Global Services being their exclusive provider of certain agreed services in India.

Hutchison Global Services (HGS) provides customer lifecycle operations to clients in UK, Ireland and Australia and has an associate base of over 11,500 employees. HGS operates out of Mumbai and Pune and is among the largest captives in the Telecom Domain.

Tech Mahindra Share Price

1500.35 -3.75 (-0.25%)
21-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
TCS 2610.55
Infosys 1313.10
HCL Tech. 1441.55
Wipro 205.05
Tech Mahindra 1500.35
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×