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Tech Mahindra rises on signing pact to build technology platform for Proximus

Tech Mahindra Ltd. | IT - Software | IT & ITES | BSE: 532755 | NSE: TECHM

23 Feb 2024 Evaluate

Tech Mahindra is currently trading at Rs. 1340.90, up by 13.60 points or 1.02% from its previous closing of Rs. 1327.30 on the BSE.

The scrip opened at Rs. 1336.10 and has touched a high and low of Rs. 1342.35 and Rs. 1333.75 respectively. So far 4871 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1416.00 on 23-Jan-2024 and a 52 week low of Rs. 982.95 on 28-Apr-2023.

Last one week high and low of the scrip stood at Rs. 1342.35 and Rs. 1287.60 respectively. The current market cap of the company is Rs. 129619.75 crore.

The promoters holding in the company stood at 35.11%, while Institutions and Non-Institutions held 53.67% and 11.23% respectively.

Tech Mahindra has signed a strategic partnership with Proximus, Belgium's leading digital services and communications solutions provider. Together, the organizations will design and build a technology platform, ‘Tech Hub’ that will provide next-generation connectivity offerings for business-to-consumer (B2C), business-to-business (B2B), and business-to-business-to-any (B2B2X) segments.

With the new ‘Tech Hub’ platform, consumers and businesses will be able to explore, purchase, and activate the services from Proximus as well as their partner ecosystem with self-service options and take advantage of the range of next-generation digital offerings. The ‘Tech Hub’ platform to be built by Tech Mahindra is powered by Comviva BlueMarble. This is a secure, robust, and scalable platform that employs an architecture that is ready to be deployed on cloud.

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

1511.85 20.95 (1.41%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
TCS	2581.65
Infosys	1318.60
HCL Tech.	1442.50
Wipro	204.35
Tech Mahindra	1511.85
View more..

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Tech Mahindra rises on signing pact to build technology platform for Proximus

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