Tech Mahindra Ltd.

BSE: 532755 | NSE: TECHM
Large Cap | IT - Software
1743.30
-24.50 (-1.39%)
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Tech Mahindra gains on launching Google Cloud COE in Hyderabad

Date: 28-01-2020

Tech Mahindra is currently trading at Rs. 793.60, up by 2.35 points or 0.30% from its previous closing of Rs. 791.30 on the BSE.

The scrip opened at Rs. 791.30 and has touched a high and low of Rs. 796.00 and Rs. 785.00 respectively. So far 26985 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. 607.90 on 31-Jul-2019.

Last one week high and low of the scrip stood at Rs. 796.00 and Rs. 763.75 respectively. The current market cap of the company is Rs. 76467.53 crore.

The promoters holding in the company stood at 35.87%, while Institutions and Non-Institutions held 52.86% and 11.26% respectively.

Tech Mahindra has launched a dedicated Google Cloud Center of Excellence (COE) to drive digital transformation of enterprises globally. Established in Hyderabad, the COE will provide enterprises with access to the technology and services they need to expedite their cloud migration, and deliver tailored solutions to help them move critical workloads like to Google Cloud, develop their Artificial Intelligence (AI) and data analytics solutions and improve workplace collaboration productivity.

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.