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2024-11-27 12:36:49 pm | Source: Accord Fintech
Tech Mahindra rises on bagging Bombardier`s Diamond Supplier Status in Aerospace Engineering Services

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Tech Mahindra is currently trading at Rs. 1755.40, up by 10.00 points or 0.57% from its previous closing of Rs. 1745.40 on the BSE.

The scrip opened at Rs. 1736.80 and has touched a high and low of Rs. 1763.00 and Rs. 1736.80 respectively. So far 17563 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1767.00 on 25-Nov-2024 and a 52 week low of Rs. 1163.70 on 19-Apr-2024.

Last one week high and low of the scrip stood at Rs. 1767.00 and Rs. 1685.00 respectively. The current market cap of the company is Rs. 172212.88 crore.

The promoters holding in the company stood at 35.03%, while Institutions and Non-Institutions held 54.74% and 10.24% respectively.

Tech Mahindra has received Bombardier’s Diamond Supplier certification for the third time. The prestigious certification recognizes Tech Mahindra’s outstanding operational performance, dedication to upholding high-quality standards, and innovative aerospace engineering services offered to Bombardier facilities worldwide for the 2023 calendar year.

As a trusted partner for Bombardier, Tech Mahindra has been delivering key projects such as the Design & Analysis of Aerostructures, Integrated Manufacturing Engineering Solutions, end-to-end design of Cabinets & Seats, and Engineering Change Management in the aerospace sector. 

This collaboration between Bombardier and Tech Mahindra reflects the synergy of two industry leaders, driving innovation and setting new standards of excellence in the aviation sector. In delivering projects, Tech Mahindra consistently demonstrated the ability to get things right the first time, eliminating the need for rework and ensuring efficiency and superior quality right from the start. 

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