08-12-2023 02:57 PM | Source: Accord Fintech
Tech Mahindra inches up on launching new business unit `Navixus`

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Tech Mahindra is currently trading at Rs. 1224.05, up by 0.75 points or 0.06% from its previous closing of Rs. 1223.30 on the BSE.

The scrip opened at Rs. 1228.70 and has touched a high and low of Rs. 1237.60 and Rs. 1217.15 respectively. So far 101408 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1319.95 on 22-Sep-2023 and a 52 week low of Rs. 982.95 on 28-Apr-2023.

Last one week high and low of the scrip stood at Rs. 1248.35 and Rs. 1209.00 respectively. The current market cap of the company is Rs. 118981.04 crore.

The promoters holding in the company stood at 35.13%, while Institutions and Non-Institutions held 53.42% and 11.44% respectively.

Tech Mahindra has launched a new business unit Navixus, within Tech Mahindra Business Process Services (BPS). Navixus will combine Tech Mahindra’s Business Process Services’ automation, analytics, and consulting with Eventus’ customer experience (CX) and transformation capabilities to offer a holistic digital transformation suit to customers.

Navixus offers a suite of expanded and enhanced capabilities, including consulting, operational excellence, intelligent automation, generative artificial intelligence, CX technologies. The new business unit will also provide Contact Center as a Service (CCaaS), advanced analytics, managed services, and will guide customers from optimization to transformation. 

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