TechMahindra rises on unveiling 'AI Delivered Right'
Tech Mahindra is currently trading at Rs. 1442.80, up by 3.90 points or 0.27% from its previous closing of Rs. 1450.00 on the BSE.
The scrip opened at Rs. 1459.95 and has touched a high and low of Rs. 1459.95 and Rs. 1376.20 respectively. So far 95489 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. 1172.55 on 25-Apr-2024.
Last one week high and low of the scrip stood at Rs. 1466.05 and Rs. 1305.00 respectively. The current market cap of the company is Rs. 140485.60 crore.
The promoters holding in the company stood at 35.01%, while Institutions and Non-Institutions held 55.23% and 9.77% respectively.
Tech Mahindra has launched its new AI strategy, 'AI Delivered Right', to drive responsible, practical, and scalable adoption of AI across industries globally. The strategy is rooted in the company’s expertise in delivering transformative AI outcomes, including the successful creation and open-sourcing of India's first foundational large language model (LLM), Project Indus.
The strategy empowers enterprises by equipping them with the tools and processes to maximize AI investment from strategy development to solution implementation. As the AI landscape shifts from infrastructure to AI-ready applications, this strategy focuses on smart data practices, optimized spending for transparency, and seamless integration with hyper scalers, helping customers adapt and modernize legacy systems for greater productivity.
The strategy also emphasizes the importance of ecosystem collaboration. Tech Mahindra is working closely with hyper scalers, platform providers, and emerging startups to offer customers a curated AI partner ecosystem. This ensures each AI deployment is backed by the right technologies, domain expertise, and industry-tested frameworks.
Tech Mahindra represents the connected world, offering innovative and customer-centric information technology experiences, enabling Enterprises, Associates and the Society to Rise.
