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Tech Mahindra strengthens on tying-up with Bosch Software Innovations

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

22 Oct 2013 Evaluate

Tech Mahindra is currently trading at Rs. 1550.00, up by 3.10 points or 0.20% from its previous closing of Rs. 1546.90 on the BSE.

The scrip opened at Rs. 1543.00 and has touched a high and low of Rs. 1568.30 and Rs. 1543.00 respectively. So far 34726 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1594.00 on 15-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. 1594.00 and Rs. 1494.20 respectively. The current market cap of the company is Rs. 36009.53 crore.

The promoters holding in the company stood at 36.46% while Institutions and Non-Institutions held 47.72% and 15.81% respectively.

Tech Mahindra, a specialist provider of connected solutions to the connected world and an enabler of future digital enterprises and Bosch Software Innovations, the software and systems house of the Bosch Group, has formed a global strategic business partnership which will primarily focus on the global manufacturing and transportation industry.

The partnership aims to develop and deliver scalable digital enterprise solutions in the ‘Internet of Things and Services’ space. This space is expected to grow exponentially as more than 20 billion devices are expected to be connected to the Internet by 2015 and 50 billion by 2020. This partnership will empower Tech Mahindra and Bosch to be the forerunners in enabling customers to be prepared for this transformation. Tech Mahindra and Bosch will jointly develop solutions for industrial equipment management, connected services, and intermodal transportation.

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.

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 strengthens on tying-up with Bosch Software Innovations

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