Tech Mahindra jumps on entering into collaboration with APPSLINK

Tech Mahindra is currently trading at Rs. 1449.80, up by 25.55 points or 1.79% from its previous closing of Rs. 1424.25 on the BSE.

Tech Mahindra 770x433
Tech Mahindra 770×433

The scrip opened at Rs. 1416.00 and has touched a high and low of Rs. 1454.35 and Rs. 1416.00 respectively. So far 39164 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 5 has touched a 52 week high of Rs. 1837.75 on 30-Dec-2021 and a 52 week low of Rs. 936.85 on 26-Apr-2021.

Last one week high and low of the scrip stood at Rs. 1464.00 and Rs. 1382.80 respectively. The current market cap of the company is Rs. 140983.64 crore.

The promoters holding in the company stood at 35.67%, while Institutions and Non-Institutions held 52.75% and 11.59% respectively.

Tech Mahindra has entered into a collaboration with APPSLINK, a Global award-winning Oracle Partner specialising in Oracle Human Capital Management (HCM) and Enterprise Resource Planning (ERP) implementations.

This partnership is aimed at addressing country-specific payroll coverage for Oracle SaaS Customers and focusing on standardization, compliance, and statutory requirements in payroll for organizations of every size and in countries where Oracle payroll localization is not present.

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

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