Tech Mahindra gains on partnering with Swimming Australia
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Tech Mahindra is currently trading at Rs. 1022.00, up by 1.15 points or 0.11% from its previous closing of Rs. 1020.85 on the BSE.
The scrip opened at Rs. 1020.00 and has touched a high and low of Rs. 1026.70 and Rs. 1008.95 respectively. So far 55889 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1837.75 on 30-Dec-2021 and a 52 week low of Rs. 944.10 on 17-Jun-2022.
Last one week high and low of the scrip stood at Rs. 1067.75 and Rs. 1008.95 respectively. The current market cap of the company is Rs. 99412.21 crore.
The promoters holding in the company stood at 35.22%, while Institutions and Non-Institutions held 51.98% and 12.80% respectively.
Tech Mahindra and Swimming Australia have partnered to empower high performing athletes & revolutionize fan experience. Tech Mahindra will join Australia’s leading Olympic and Paralympic sport as the Official Technology Partner, delivering technology support across all facets of the national governing body including high performance, participation, fan engagement, and administration.
Tech Mahindra’s expertise, coupled with Swimming Australia’s desire to be data-driven will equip coaches and athletes with sports insights ahead of the 2024 Olympic and Paralympic Games to be held in Paris. The athletes will be able to leverage new-age technologies and advanced platforms servicing to improve their gameplay and ensure an engaging fan experience.
As part of this collaboration, Tech Mahindra and Swimming Australia will continue to focus on the user experience while developing technology to build on the improved tech footprint delivered by the website. Tech Mahindra’s next-generation digital engagement platform will help Swimming Australia’s team to drive hyper-personalized data-driven fan experiences by leveraging cutting-edge technologies like Artificial Intelligence (AI), Augmented Reality (AR)/ Virtual Reality (VR), among others.
Tech Mahindra represents the connected world, offering innovative and customer-centric information technology experiences, enabling Enterprises, Associates and the Society to Rise.
