Tech Mahindra trades in green on the BSE

14 Jun 2013

Tech Mahindra is currently trading at Rs. 973.70, up by 5.95 points or 0.61% from its previous closing of Rs. 967.75 on the BSE.

The scrip opened at Rs. 974.00 and has touched a high and low of Rs. 988.50 and Rs. 970.50 respectively. So far 16304 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1123.80 on 04-Mar-2013 and a 52 week low of Rs. 662.10 on 14-Jun-2012.

Last one week high and low of the scrip stood at Rs. 992.95 and Rs. 923.40 respectively. The current market cap of the company is Rs. 12527.67 crore.

The promoters holding in the company stood at 47.41% while Institutions and Non-Institutions held 43.34% and 9.26% respectively.

Tech Mahindra’s subsidiary - Mahindra Comviva, the global leader in providing mobile financial and VAS solutions, has won two major awards at the Global Telecom Business Innovation Awards 2013. The company has been awarded for EcoCash mobile payment services to Econet Zimbabwe, powered by its mobiquity mobile money platform and Managed Music services to Airtel Africa for Hello Tunes.

The Awards were announced at Global Telecoms Business Innovation Summit 2013, held in London recently. GTB Award recognizes innovation which has made a huge difference to the service providers and their consumers.

Tech Mahindra is a leading provider of solutions and services to the telecommunications industry with a majority stake owned by Mahindra & Mahindra.

Related Tech Mahindra Ltd. Links:

Tech Mahindra Share Price

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323