Tech Mahindra gains on expanding strategic alliance with BMC Software

12 Oct 2020 Evaluate

Tech Mahindra is currently trading at Rs. 855.00, up by 0.40 points or 0.05% from its previous closing of Rs. 854.60 on the BSE.

The scrip opened at Rs. 857.10 and has touched a high and low of Rs. 864.70 and Rs. 848.90 respectively. So far 100211 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 887.50 on 08-Oct-2020 and a 52 week low of Rs. 470.25 on 23-Mar-2020.

Last one week high and low of the scrip stood at Rs. 887.50 and Rs. 822.00 respectively. The current market cap of the company is Rs. 82842.36 crore.

The promoters holding in the company stood at 35.83%, while Institutions and Non-Institutions held 52.65% and 11.34% respectively.

Tech Mahindra has expanded its strategic alliance with BMC Software, a global leader in IT solutions for the Autonomous Digital Enterprise, to enable digital transformation for global enterprises. The multi-tiered partnership will focus on increasing agility and reducing time to market by leveraging AIOps (Artificial Intelligence for IT Operations) and analytics.

Tech Mahindra is a part of BMC Software’s Global Outsourcers and Systems Integrators (GOSI) Program that focuses on mutual business growth, vertical solution offerings, joint marketing, skill enhancement and a dedicated BMC Software Center of Excellence (COE). As part of the partnership, Tech Mahindra and BMC Software will jointly work towards driving global opportunities in areas including sales, marketing, presales, technical support, trainings, and certifications amongst others. The collaboration will enable clients leverage cutting-edge services with BMC Software toolsets, powered by Tech Mahindra Infrastructure services. Tech Mahindra and BMC Software aims to reinvent business operations through best-in-class solution offerings for next-generation service and operations management, multi-cloud management, and automation to streamline business applications, enhance business delivery, and reduce risk.

Tech Mahindra represents the connected world, offering innovative and customer-centric information technology experiences, enabling enterprises, associates and the society to rise.

Tech Mahindra Share Price

1277.45 87.35 (7.34%)
26-Apr-2024 16:01 View Price Chart
Peers
Company Name CMP
TCS 3825.00
Infosys 1430.15
HCL Tech. 1476.80
Wipro 464.65
Tech Mahindra 1277.45
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