Tech Mahindra Ltd.

Tech Mahindra is currently trading at Rs. 495.50, up by 6.70 points or 1.37% from its previous closing of Rs. 488.80 on the BSE.

The scrip opened at Rs. 483.95 and has touched a high and low of Rs. 495.80 and Rs. 483.95 respectively. So far 36465 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 515.30 on 21-Feb-2017 and a 52 week low of Rs. 357.60 on 29-May-2017.

Last one week high and low of the scrip stood at Rs. 500.95 and Rs. 474.00 respectively. The current market cap of the company is Rs. 48335.95 crore.

The promoters holding in the company stood at 36.14%, while institutions and non-institutions held 50.47% and 13.40% respectively.

Tech Mahindra has entered into a strategic partnership with Toshiba Digital Solutions to work in the area of a smart factory. This partnership aims to leverage strengths of both sides and offer a one stop solution for manufacturer customers with the latest IoT technologies and system integration capabilities from both sides.

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.