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Tech Mahindra trades higher on the bourses

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

31 Jul 2013 Evaluate

Tech Mahindra is currently trading at Rs. 1247.30, up by 16.70 points or 1.36% from its previous closing of Rs. 1230.60 on the BSE.

The scrip opened at Rs. 1226.10 and has touched a high and low of Rs. 1254.10 and Rs. 1226.10 respectively. So far 71802 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1262.00 on 30-Jul-2013 and a 52 week low of Rs. 709.50 on 31-Jul-2012.

Last one week high and low of the scrip stood at Rs. 1262.00 and Rs. 1168.90 respectively. The current market cap of the company is Rs. 28923.05 crore.

The promoters holding in the company stood at 47.17% while Institutions and Non-Institutions held 42.62% and 10.22% respectively.

Tech Mahindra has entered into agreement with UBS Fund Services, Luxemburg as the first client for its own platform. Tech Mahindra Managed Data Services (MDS), designed to support asset managers, wealth managers, investment bank, custodians and administrators. The contract is for an initial five year term.

Under the agreement Tech Mahindra will provide UBS FSL with fully managed services across four major areas of data management, namely securities reference data, pricing, corporate actions and tax data. Tech Mahindra MDS supports the complete data lifecycle of sourcing, cleansing, enrichment and distribution to multiple locations. It also provides golden copy creation to underpin a centralized global operating model. The platform supports multiple pricing points across all time zones, markets and asset types.

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

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 trades higher on the bourses

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