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Tech Mahindra gains on launching Global Center of Excellence with HP

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

10 Dec 2013 Evaluate

Tech Mahindra is currently trading at Rs 1712.80, up by 39.75 points or 2.38% from its previous closing of Rs 1673.05 on the BSE.

The scrip opened at Rs 1674.00 and has touched a high and low of Rs 1719.95 and Rs 1674.00 respectively. So far 72984 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 1762.45 on 20-Nov-2013 and a 52 week low of Rs 865.50 on 10-Dec-2012.

Last one week high and low of the scrip stood at Rs 1711.00 and Rs 1661.20 respectively. The current market cap of the company is Rs 39942.75 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 enabling future digital enterprises has launched Global Center of Excellence (CoE) with Hewlett Packard (HP) in Bangalore. This Center will focus on IT Application and IT Infrastructure Performance Management solutions that transform customers' IT Operations landscape through automation and unification of key services.

At the CoE the company is in the process of creating innovative service offerings in areas such as tools consulting and implementations to an integrated managed services delivery platform. With an emphasis on automation and unification of key services, the solutions will also facilitate complete and dynamic alignment of IT infrastructure with organization's strategic goals while deriving significant return on investment due to newer levels of productivity and efficiency.

Tech Mahindra's Global Test Factory is the next generation concept in software testing, providing a superior and flexible alternative to standard off-shoring model. It is a multi-location based testing center of excellence that combines best-in-class test processes, people, techniques, facilities and methodologies. It also offers a full range of scalable testing services, cutting-edge innovation along with optimum unit cost of testing.

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 gains on launching Global Center of Excellence with HP

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