Tech Mahindra rises on achieving SOC 2 Type 2 attestation for BPS, IT services

12 Mar 2021 Evaluate

Tech Mahindra is currently trading at Rs. 1010.20, up by 1.50 points or 0.15% from its previous closing of Rs. 1008.70 on the BSE.

The scrip opened at Rs. 1008.65 and has touched a high and low of Rs. 1024.45 and Rs. 1003.35 respectively. So far 86020 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1081.35 on 11-Jan-2021 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. 1024.45 and Rs. 957.00 respectively. The current market cap of the company is Rs. 98046.15 crore.

The promoters holding in the company stood at 35.79%, while Institutions and Non-Institutions held 52.59% and 11.45% respectively.

Tech Mahindra has achieved System and Organization Control (SOC) 2 Type 2 attestation for BPS and IT services. The SOC 2 report reinforces Tech Mahindra’s commitment towards safeguarding customers security, privacy, availability and confidentiality across all services globally. Tech Mahindra continues to demonstrate its focus on customer trust, loyalty and quality in business operations.

This attestation demonstrates the organisation’s trustworthiness by enhanced client communication and increased transparency of outsourced internal controls. Further, with its focus on large deals, Tech Mahindra ensured a strong commitment towards internal controls, security, information system and policies of the organisation. This becomes a game-changer for Tech Mahindra, further enabling operational credibility and competitive advantage.

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

1250.40 -3.25 (-0.26%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
TCS 3883.55
Infosys 1498.80
HCL Tech. 1543.30
Wipro 480.05
Tech Mahindra 1250.40
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