Tech Mahindra rises on entering into partnership with SCSK Asia Pacific
Tech Mahindra is currently trading at Rs. 1337.90, up by 5.85 points or 0.44% from its previous closing of Rs. 1332.05 on the BSE.
The scrip opened at Rs. 1305.00 and has touched a high and low of Rs. 1340.60 and Rs. 1304.25 respectively. So far 40466 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1850.00 on 03-Feb-2026 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. 1410.00 and Rs. 1313.90 respectively. The current market cap of the company is Rs. 130153.93 crore.
The promoters holding in the company stood at 34.98%, while Institutions and Non-Institutions held 55.89% and 9.14% respectively.
Tech Mahindra has entered into partnership with SCSK Asia Pacific, the local subsidiary of SCSK in Asia, a major Japanese IT services and software company. The partnership aims to accelerate the global expansion of SCSK’s ADVENTURECluster -- an advanced Computer-Aided Engineering (CAE) solution and fast-track product development lifecycles for engineering organizations by streamlining the design and validation stages through cutting-edge CAE capabilities.
Tech Mahindra will be the specialized joint go-to-market partner for ADVENTURECluster across global markets, including India, North America, and Europe. This will involve driving ADVENTURECluster - related services across promotion, licensing and deployment. Leveraging its investments in state-of-the-art industrial and digital labs, Tech Mahindra will build a skill base across geographies with a Centre of Excellence and integrate Artificial Intelligence (AI) into product development process of customer globally, automating design optimizations and enabling them to bring well-designed products to the market quickly.
Developed by Allied Engineering Corporation, a group company of SCSK, ADVENTURECluster is a niche structural analysis software designed for ultra-high-speed, large-scale simulations in parallel computing environments. Built on proprietary logic developed in collaboration with academia, the platform enables ultra-high-speed analysis of large-scale models and delivers significantly faster results for engineering design organizations across industries. This helps improve product quality while substantially reducing development timelines.
