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18-Feb2019

Tech Mahindra gains on the BSE

Tech Mahindra is currently trading at Rs. 808.65, up by 7.95 points or 0.99% from its previous closing of Rs. 800.70 on the BSE.

The scrip opened at Rs. 816.00 and has touched a high and low of Rs. 822.50 and Rs. 803.75 respectively. So far 92252 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. 814.55 and Rs. 777.20 respectively. The current market cap of the company is Rs. 79520.11 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 entered into a partnership with University of Sydney to develop next-gen technologies to equip students with skills necessary for jobs of the future.

The partnership will provide students with real-world experience through the University's newly developed Industry and Community Projects Unit (ICPU), which allows students to work on projects across areas including community development, law, technology, farming, sustainability, banking and health.

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.


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