01-01-1970 12:00 AM | Source: Accord Fintech
Tech Mahindra trades in green on entering into strategic partnership with XY Retail
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Tech Mahindra is currently trading at Rs. 1027.80, up by 5.30 points or 0.52% from its previous closing of Rs. 1022.50 on the BSE.

The scrip opened at Rs. 1018.80 and has touched a high and low of Rs. 1032.00 and Rs. 1009.00 respectively. So far 74332 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. 1071.20 and Rs. 1009.00 respectively. The current market cap of the company is Rs. 99880.22 crore.

The promoters holding in the company stood at 35.24%, while Institutions and Non-Institutions held 51.33% and 13.43% respectively.

Tech Mahindra has entered into strategic partnership with XY Retail, headquartered in New York. The partnership will accelerate the end-to-end digital transformation journey for retailers and will help them enhance their omnichannel strategy for superior customer experience. The partnership will combine the power of Tech Mahindra’s deep domain expertise and system integration capabilities with XY Retail’s cloud-based unified omnichannel commerce solutions to enable customers to build a seamless and personalized integration of in-person and digital experiences.

The joint offerings will empower Consumer Packaged Goods (CPG) and retail enterprises to leverage the true potential of digital technology with data-driven insights, cloud solutions and AI capabilities. It will provide the customers with meaningful data insights through cloud-based retail ERP systems, POS and mobile apps, which cover various customer touch points of a customer journey and help them build more personalized customer experiences.

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