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Mahindra Satyam rises on unveiling REIMS

20 Sep 2012 Evaluate

Mahindra Satyam is currently trading at Rs. 104.15, up by 0.55 points or 0.53% from its previous closing of Rs. 103.60 on the BSE.

The scrip opened at Rs. 103.50 and has touched a high and low of Rs. 104.70 and Rs. 102.85 respectively. So far 62,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 107.90 on 13-Sep-2012 and a 52 week low of Rs. 62.15 on 19-Dec-2011.

Last one week high and low of the scrip stood at Rs. 107.90 and Rs. 101.20 respectively. The current market cap of the company is Rs. 12,256.00 crore.

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

Mahindra Satyam, a leading global consulting and IT services provider, has launched business insights solution REIMS - Retail Enterprise Information Management System, which will enable global retailers improve decision-making processes. This comprehensive solution addresses key business challenges in strategic, tactical and operational areas. This would help retailers to swiftly identify the optimal courses of action to achieve their business objectives.

Gartner has quoted Analytics and Business Intelligence as the top most CIO priority in 2012 and REIMS - a cost effective analytical solution, aims to address this priority with scalable, logical data models, rigorous statistical models, a library of 300 plus Industry standard analytical reports and role based dashboards. The technology-agnostic solution assists retailers in mining their data, predicting trends and patterns while fine-tuning dashboards, leading to better customer centric decisions. 

REIMS is a Cloud and Mobile enabled solution spanning several process areas including Assortment and Merchandizing, Supply Chain Management, Warehouse management, Category Performance Analysis, Customer Analytics, Multi-channel web, mobile and social media analytics.

Recently, the company launched HealthConnection, a health insurance exchange (HIX) solution that complies with U.S. Affordable Care Act requirements for establishing health insurance exchanges for businesses, employers and individuals by the January 1, 2014 deadline. 

Peers
Company Name CMP
TCS 2554.40
Infosys 1305.20
HCL Tech. 1451.30
Wipro 209.80
Tech Mahindra 1483.60
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