Tech Mahindra is currently trading at Rs. 1484.75, up by 8.40 points or 0.57% from its previous closing of Rs. 1476.35 on the BSE.
The scrip opened at Rs. 1480.05 and has touched a high and low of Rs. 1499.40 and Rs. 1480.05 respectively. So far 35315 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1499.40 on 10-Oct-2013 and a 52 week low of Rs. 865.25 on 07-Dec-2012.
Last one week high and low of the scrip stood at Rs. 1499.40 and Rs. 1330.25 respectively. The current market cap of the company is Rs. 34519.69 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, a specialist provider of connected solutions to the connected world and enabling future digital enterprises, has been recognized by Zinnov Management Consulting, a leading Globalization and Market Expansion Advisory firm. Zinnov has recognized Tech Mahindra in the Leadership zone for the second consecutive year and ranked it among the top 4 global integrated engineering and product engineering R&D service providers. Also, the company is rated in the Leadership zone across four major industry verticals – Aerospace, Automotive, Telecom, and Industrial.
Zinnov’s Global R&D Service Provider Ratings (GSPR) for 2013 were conducted across 10 major industry verticals with more than 200 R&D service providers across geographies including India, China, Russia, Eastern Europe, & APAC. Tech Mahindra featured in the study that follows a structured process of selection from the filtered list of top 75 Research & Development service providers.
Tech Mahindra is a leading provider of solutions and services to the telecommunications industry with a majority stake owned by Mahindra & Mahindra. The company, since 2002 has operations in China with offices in Beijing, Shanghai, Nanjing and Guangzhou.