SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Tech Mahindra plans acquisition in BPO and technology space

19 Sep 2011 Evaluate

Tech Mahindra plans acquisition in both BPO as well as technology space. The company is planning to buy a BPO for supporting overseas customers while in the IT services space, it will look at specialized niche technology companies for acquisition.

The company is also scouting for partner companies for making a foray into emerging Russia as a go to market strategy and for most of its overseas operations it will focus on hiring local talent. Tech Mahindra’s IT services has about 28,000 employees and another 10,000 for its BPO operations.

Tech Mahindra’s profit after tax declined by 21% to Rs 182.48 crore for the quarter ended March 31, 2011 as compared to Rs 231.86 crore for the quarter ended March 31, 2010. Its total income decreased from Rs 1241.80 crore for the quarter ended March 31, 2010 to Rs 1229.40 crore for the quarter ended March 31, 2011.

Tech Mahindra, part of the $12.5 billion Mahindra Group, in partnership with British Telecommunications plc (BT) offers Information Technology (IT) services and solution to telecommunications sector across the world.

Tech Mahindra Share Price

1504.10 -7.75 (-0.51%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
TCS 2578.45
Infosys 1311.95
HCL Tech. 1428.35
Wipro 202.40
Tech Mahindra 1504.10
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:

×