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Tech Mahindra shines on launching NFC Testing Lab at Bangalore

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

25 Feb 2014 Evaluate

Tech Mahindra is currently trading at Rs. 1844.00, up by 13.95 points or 0.76% from its previous closing of Rs. 1830.05 on the BSE.

The scrip opened at Rs. 1832.00 and has touched a high and low of Rs. 1847.00 and Rs. 1832.00 respectively. So far 13778 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1906.00 on 14-Jan-2014 and a 52 week low of Rs. 895.25 on 21-May-2013.

Last one week high and low of the scrip stood at Rs. 1859.90 and Rs. 1815.00 respectively. The current market cap of the company is Rs. 42963.92 crore.

The promoters holding in the company stood at 36.34% while Institutions and Non-Institutions held 49.50% and 14.15% respectively.

Tech Mahindra, a specialist provider of connected solutions to the connected world, has launched its Near Field Communication (NFC) test lab in Bangalore, India. The NFC Testing and Consulting capabilities in the lab will cater to the fast-growing needs of chipset manufacturers, OEMs, Service Providers, Acquires and Issuers from the banking industry. The state-of-the-art ISO 17025 Accredited Lab has 100% capability to meet the Wave1 test requirements as mandated by the NFC Forum. It also has the infrastructure to meet the upcoming Wave2 test requirements of the Forum.

Additionally, Tech Mahindra had also acquired lab assets and operations of the Type Approval Lab in Lund, Southern Sweden from Sony. It is now company’s flagship lab in Europe serving key customers and providing end-to-end test solutions to device manufacturers and Global Carriers.

Tech Mahindra already has 6 Test Labs located across the globe offering Operator Acceptance Test Schemes, Conformance Tests, Regulatory and R&D test support to its customers and the latest lab addition in Bangalore catering to the enterprise sector, further enhances the test market reach.

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 shines on launching NFC Testing Lab at Bangalore

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