Tech Mahindra Ltd.

Tech Mahindra is currently trading at Rs. 766.00, up by 16.15 points or 2.15% from its previous closing of Rs. 749.85 on the BSE.

The scrip opened at Rs. 755.00 and has touched a high and low of Rs. 768.50 and Rs. 755.00 respectively. So far 48947 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 846.00 on 02-May-2019 and a 52 week low of Rs. 612.50 on 26-Jul-2018.

Last one week high and low of the scrip stood at Rs. 768.50 and Rs. 729.40 respectively. The current market cap of the company is Rs. 73866.74 crore.

The promoters holding in the company stood at 35.87%, while Institutions and Non-Institutions held 50.64% and 13.49% respectively.

Tech Mahindra has signed a Memorandum of Understanding (MoU) with Indian Institute of Technology Kanpur (IIT Kanpur) towards the knowledge enrichment and conducting joint research in the field of cybersecurity.

Through this partnership, Tech Mahindra will bring real world industry exposure to students of IIT Kanpur. Tech Mahindra will be working closely with IIT Kanpur on research projects to develop and foster an environment to deal with automation in cyber security and to enhance digital resilience of critical national infrastructure. As a part of this research partnership, Tech Mahindra will share real world challenges in cyber security with IIT Kanpur teams to find suitable solution.

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.