Tech Mahindra moves up on launching SANDSTORM

Tech Mahindra is currently trading at Rs. 1122.70, up by 8.70 points or 0.78% from its previous closing of Rs. 1114.00 on the BSE.

tech mahindra gains on the bourses
Tech Mahindra

The scrip opened at Rs. 1115.05 and has touched a high and low of Rs. 1135.35 and Rs. 1114.00 respectively. So far 24007 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 5 has touched a 52 week high of Rs. 1574.80 on 25-Mar-2022 and a 52 week low of Rs. 944.10 on 17-Jun-2022.

Last one week high and low of the scrip stood at Rs. 1149.45 and Rs. 1097.45 respectively. The current market cap of the company is Rs. 110077.14 crore.

The promoters holding in the company stood at 35.19%, while Institutions and Non-Institutions held 51.86% and 12.95% respectively.

Tech Mahindra has launched SANDSTORM, a groundbreaking remote real-time network monitoring and smart device assurance service for telcos and enterprises. SANDSTORM is a cutting-edge solution that allows service providers to remotely measure customer experiences on any device, from smartphones, tablets, VR headsets, smart TVs, to connected cars.

SANDSTORM empowers the enterprises to access any device “remotely” and use Tech Mahindra’s automation platform to test & deploy applications, devices, and others for end customers. The platform can help understand how apps are interacting with the actual network across diverse geographies in real-time. It delivers deep insights into device lower-layer information mapped to applications. This results in faster application development, and time-to-market.

SANDSTORM is a fully scalable and customizable solution, designed to meet the unique requirements of customers. It will equip the Telcos to launch their network faster by assuring end-to-end call flows from a remote location, eliminating the need for engineers to be on cell site/ sector for undertaking the tests. This platform will further help to speed up the implementation of 5G and envision a new path for businesses to attain future connectivity.

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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