Tech Mahindra Ltd.

Tech Mahindra is currently trading at Rs. 815.70, up by 11.35 points or 1.41% from its previous closing of Rs. 804.35 on the BSE.

The scrip opened at Rs. 803.80 and has touched a high and low of Rs. 824.00 and Rs. 801.50 respectively. So far 46469 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 824.00 on 08-Feb-2019 and a 52 week low of Rs. 564.05 on 19-Feb-2018.

Last one week high and low of the scrip stood at Rs. 824.00 and Rs. 736.50 respectively. The current market cap of the company is Rs. 79445.88 crore.

The promoters holding in the company stood at 35.94%, while Institutions and Non-Institutions held 51.49% and 12.58% respectively.

Tech Mahindra and Scandinavian IT firm KMD have extended their business partnership for another four years. Under the partnership, Tech Mahindra's services to KMD will include application outsourcing - SAP, Microsoft, testing, application development, application modernisation, ERP implementation, amongst others in a comprehensive new age delivery portfolio.

Tech Mahindra and KMD have been partners for last 12 years in application development, support and implementation area. The renewal is a part of KMD's strategy to expand global delivery set up to address customer need via new age delivery model and co-innovation.

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.