Tech Mahindra trades higher on the BSE
Tech Mahindra is currently trading at Rs. 1660.20, up by 3.95 points or 0.24% from its previous closing of Rs. 1656.25 on the BSE.
The scrip opened at Rs. 1657.05 and has touched a high and low of Rs. 1669.70 and Rs. 1621.30 respectively. So far 38990 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. 1163.70 on 19-Apr-2024.
Last one week high and low of the scrip stood at Rs. 1713.45 and Rs. 1570.00 respectively. The current market cap of the company is Rs. 162615.68 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 the Guidewire PartnerConnect Cloud Ready - AMER specialization and the PartnerConnect BillingCenter, ClaimCenter, and PolicyCenter - APAC specializations. Tech Mahindra is a Guidewire PartnerConnect Consulting partner at the Advantage level and provides insurers with comprehensive services for Guidewire’s suite of products, including InsuranceSuite.
The Guidewire PartnerConnect specializations signify Tech Mahindra’s expertise in implementation services, resources and integration specialists to help insurers innovate and transform their operations and performance. The PolicyCenter specialization highlights Tech Mahindra’s ability to optimize underwriting, policy, and product management processes, enhancing efficiency for underwriters, agents, and policyholders. The ClaimCenter specialization is a testament to the company’s comprehensive claims management solution that transforms loss-report intake, adjudication, and operational reporting.
Additionally, Tech Mahindra’s BillingCenter specialization demonstrates its ability to streamline billing and cash management, driving operational efficiency and customer success. The Cloud Ready specialization highlights Tech Mahindra’s cloud expertise, positioning the company to effectively lead and support Guidewire Cloud implementations.
Tech Mahindra represents the connected world, offering innovative and customer-centric information technology experiences, enabling Enterprises, Associates and the Society to Rise.
