Tech Mahindra Ltd.

BSE: 532755 | NSE: TECHM
Large Cap | IT - Software
1743.30
-24.50 (-1.39%)
< Home < Back

Tech Mahindra moves up on launching ‘netOps.ai’

Date: 26-02-2019

Tech Mahindra is currently trading at Rs. 833.25, up by 2.45 points or 0.29% from its previous closing of Rs. 830.80 on the BSE.

The scrip opened at Rs. 826.80 and has touched a high and low of Rs. 838.35 and Rs. 820.85 respectively. So far 160500 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 840.10 on 21-Feb-2019 and a 52 week low of Rs. 602.85 on 27-Feb-2018.

Last one week high and low of the scrip stood at Rs. 840.10 and Rs. 786.00 respectively. The current market cap of the company is Rs. 81840.34 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 has launched its network automation and managed services framework ‘netOps.ai’ to boost 5G adoption for communication service providers. The company will conduct the first-ever live demonstration of its netOps.ai framework at Mobile World Congress 2019.

The main features of netOps.ai include telco cloud automation, VNF lifecycle automation, automating VNF onboarding and end-to-end network integration, NetDevOps and service orchestration.

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.