Tech Mahindra trades higher as it selected by Dixon Technologies (India) to enable AI-powered Industry 4.0 Automation
Tech Mahindra is currently trading at Rs. 1463.90, up by 4.50 points or 0.31% from its previous closing of Rs. 1459.40 on the BSE.
The scrip opened at Rs. 1447.35 and has touched a high and low of Rs. 1468.60 and Rs. 1447.35 respectively. So far 5451 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. 1488.10 and Rs. 1420.90 respectively. The current market cap of the company is Rs. 142743.43 crore.
The promoters holding in the company stood at 35.00%, while Institutions and Non-Institutions held 55.58% and 9.43% respectively.
Tech Mahindra has been selected by Dixon Technologies (India), one of India’s largest contract manufacturers, to enable AI-powered Industry 4.0 automation across all their manufacturing plants and R&D centers in India.
Tech Mahindra will serve as Dixon Technologies' digital transformation partner, driving the next wave of industrial innovation through its deep expertise in AI-enabled Industry 4.0 solutions and smart factory services. This collaboration aims to streamline and unify Dixon's digital journey, enabling smarter operations, faster decision-making, and sustainable outcomes.
Tech Mahindra's integrated digital initiatives strategy will benefit Dixon by ensuring end-to-end integration, consolidated investments, and a transformation roadmap focused on achieving cost savings, productivity improvements, and other outcomes. Additionally, the initiative is designed to eliminate data silos, enable proactive decision-making, and create intelligent manufacturing environments.
Tech Mahindra represents the connected world, offering innovative and customer-centric information technology experiences, enabling Enterprises, Associates and the Society to Rise.
