Tech Mahindra gains on collaborating with DFKI
Tech Mahindra is currently trading at Rs. 1436.80, up by 15.70 points or 1.10% from its previous closing of Rs. 1421.10 on the BSE.
The scrip opened at Rs. 1422.15 and has touched a high and low of Rs. 1438.30 and Rs. 1420.00 respectively. So far 92486 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1807.40 on 12-Dec-2024 and a 52 week low of Rs. 1209.70 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 1464.65 and Rs. 1420.00 respectively. The current market cap of the company is Rs. 140493.13 crore.
The promoters holding in the company stood at 34.98%, while Institutions and Non-Institutions held 55.40% and 9.61% respectively.
Tech Mahindra and Deutsches Forschungszentrum fur Kunstliche Intelligenz GmbH (DFKI), German Research Center for Artificial Intelligence, have entered into collaboration to co-innovate and co-create next-generation smart factory solutions. Together, they will develop scalable, secure, and practical AI solutions that redefine digital transformation for manufacturing enterprises in Germany.
The collaboration will bring together the company’s applied innovation and industry expertise with DFKI’s world-class research capabilities to accelerate the development of responsible, and human-centric AI solutions for the manufacturing sector. The organizations will jointly explore research and development opportunities in areas including Generative AI, robotics, human-machine interaction, digital twins, semantic data models, sustainable and autonomous production systems, and agentic AI. The collaboration will also focus on skill-based manufacturing and distributed, networked ecosystems, laying the foundation for the factories of the future.
As part of this collaboration, the company will expand its research and development activities in Germany, increase contributions to its European manufacturing customers, and gain access to additional client networks. DFKI will work on integrating its AI technologies into Tech Mahindra’s Manufacturing Experience Center and customer projects, supporting the application of research in industrial settings.
Tech Mahindra represents the connected world, offering innovative and customer-centric information technology experiences, enabling Enterprises, Associates and the Society to Rise.
