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Tech Mahindra is currently trading at Rs. 1429.95, up by 2.65 points or 0.19% from its previous closing of Rs. 1427.30 on the BSE.

The scrip opened at Rs. 1418.00 and has touched a high and low of Rs. 1432.95 and Rs. 1399.00 respectively. So far 37675 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. 936.85 on 26-Apr-2021.

Last one week high and low of the scrip stood at Rs. 1443.15 and Rs. 1364.90 respectively. The current market cap of the company is Rs. 137836.86 crore.

The promoters holding in the company stood at 35.67%, while Institutions and Non-Institutions held 52.75% and 11.59% respectively.

Tech Mahindra has launched its Cloud Gaming as a Service offering. This service will be offered through Tech Mahindra’s cloud-based platform powered by Ludium Labs. The collaboration will help telecom providers, cable companies and OEMS (Original Equipment Manufacturer) offer another value-added service, which leverages their networks capabilities and, in the process, create an additional revenue stream. This service will dramatically improve end consumer access to gaming by eliminating the need for expensive gaming consoles and high-speed internet connections to access popular compute-intensive games.

The B2B Cloud Gaming Service will enhance the AAA gaming experience - high-budget, high-profile games that are typically produced and distributed by large publishers. This will be achieved through a 5G powered low latency gaming service in the form of a plug and play solution with a library of over 150 AAA games stored in the cloud that can be accessed on any device, and processed on the edge.

Tech Mahindra represents the connected world, offering innovative and customer-centric information technology experiences, enabling Enterprises, Associates and the Society to Rise.