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Tech Mahindra Ltd

Fri 23/05/2025,15:55:48 NSE: TECHM

₹ 1580.30 14.70 (0.94%)
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Home Stock Tech Mahindra Ltd

Fri 23/05/2025,16:1:0

Tech Mahindra Ltd

Fri 23/05/2025,15:55:48 | NSE : TECHM

₹ 1580.3014.70 (0.94%)

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Open

₹ 1575.00

Previous Close

₹ 1565.60

Volume

1159290

Mkt Cap ( Rs. Cr)

₹154722.51

High

₹ 1604.00

Low

₹ 1567.80

52 Week High

₹ 1807.70

52 Week Low

₹ 1193.65

Book Value Per Share

₹ 270.60

Dividend Yield

2.84

Face Value

₹ 5.00

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Buy

57.19%

Hold

25.00%

Sell

17.82%

57.19%

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100%

Sell Order Quantity

0%

Bid Price

Qty

1580.30

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Bid Total

89

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News

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  • Tech Mahindra - Disclosure under SEBI Takeover Regulations

    19 May 2025, 9:56PM Mahindra and Mahindra Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India

  • Tech Mahindra - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    13 May 2025, 4:49PM TECH MAHINDRA LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

  • Tech Mahindra - Press Release

    13 May 2025, 4:02PM Tech Mahindra Limited has informed the Exchange regarding a press release dated May 13, 2025, titled ""Tech Mahindra Announces Senior Leadership Eleva

  • Tech Mahindra - Change in Management

    13 May 2025, 3:57PM Tech Mahindra Limited has informed the Exchange about change in Management

  • Tech Mahindra - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    13 May 2025, 4:00PM As per the Press Release attached.

  • Tech Mahindra - Announcement under Regulation 30 (LODR)-Change in Management

    13 May 2025, 3:54PM Change in Senior Management Personnel- Disclosure under Regulation 30 of Securities and Exchange Board of India(Listing Obligations and Disclosure Req

  • Tech Mahindra - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

    3 May 2025, 10:25AM Pursuant to the provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you about the resolution

  • Tech Mahindra - Alteration Of Capital and Fund Raising-XBRL

    3 May 2025, 10:15AM TECH MAHINDRA LIMITED has informed the Exchange regarding Allotment of Securities

  • Tech Mahindra - ESOP/ESOS/ESPS

    3 May 2025, 10:14AM Tech Mahindra Limited has informed the Exchange regarding Allotment of 76796 Shares.

  • Tech Mahindra - Acquisition-XBRL

    2 May 2025, 9:40PM TECH MAHINDRA LIMITED has informed the Exchange regarding Acquisition

  • Tech Mahindra - Acquisition

    2 May 2025, 9:27PM Tech Mahindra Limited has informed the Exchange about Acquisition

  • Tech Mahindra - Announcement under Regulation 30 (LODR)-Acquisition

    2 May 2025, 9:25PM Acquisition under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

  • Tech Mahindra - Analysts/Institutional Investor Meet/Con. Call Updates

    30 Apr 2025, 8:02PM Tech Mahindra Limited has informed the Exchange about Transcript

  • Tech Mahindra - Announcement under Regulation 30 (LODR)-Earnings Call Transcript

    30 Apr 2025, 7:46PM Transcript of the quarterly earnings meet for the fourth quarter and financial year ended 31st March, 2025

  • Tech Mahindra - Copy of Newspaper Publication

    25 Apr 2025, 6:46PM Tech Mahindra Limited has informed the Exchange about Copy of Newspaper Publication

  • Tech Mahindra - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    25 Apr 2025, 12:06AM as attached

  • Tech Mahindra - Analysts/Institutional Investor Meet/Con. Call Updates

    25 Apr 2025, 12:00AM Tech Mahindra Limited has informed the Exchange about Link of Recording

  • Tech Mahindra - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    24 Apr 2025, 7:27PM TECH MAHINDRA LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

  • Tech Mahindra - Outcome of Board Meeting-XBRL

    24 Apr 2025, 7:25PM TECH MAHINDRA LIMITED has informed the Exchange regarding Outcome of Board Meeting held on 24-Apr-2025 for Dividend

  • Tech Mahindra - Amalgamation OR Merger-XBRL

    24 Apr 2025, 7:24PM TECH MAHINDRA LIMITED has informed the Exchange regarding Amalgamation/ Merger

  • Tech Mahindra - Investor Presentation

    24 Apr 2025, 6:15PM Tech Mahindra Limited has informed the Exchange about Investor Presentation

  • Tech Mahindra - Announcement under Regulation 30 (LODR)-Investor Presentation

    24 Apr 2025, 6:15PM Disclosure as attached.

  • Tech Mahindra - Record Date

    24 Apr 2025, 5:44PM Tech Mahindra Limited has informed the Exchange that Record date for the purpose of Dividend is 04-Jul-2025.

  • Tech Mahindra - Press Release

    24 Apr 2025, 5:27PM Tech Mahindra Limited has informed the Exchange regarding a press release dated April 24, 2025, titled ""Press Release on financial results for Q4 and

  • Tech Mahindra - General Updates

    24 Apr 2025, 5:17PM Tech Mahindra Limited has informed the Exchange about the 38th Annual General Meeting of the Company for the financial year ended 31st March, 2025 sch

  • Tech Mahindra - Record Date

    24 Apr 2025, 5:12PM Tech Mahindra Limited has informed the Exchange that Record date for the purpose of Dividend is 04-Jul-2025.

  • Tech Mahindra - General Updates

    24 Apr 2025, 5:10PM Tech Mahindra Limited has informed the Exchange about Appointment of Secretarial Auditor.

  • Tech Mahindra - Amalgamation/Merger

    24 Apr 2025, 5:06PM Tech Mahindra Limited has informed the Exchange about Amalgamation/Merger

  • Tech Mahindra - Outcome of Board Meeting

    24 Apr 2025, 5:03PM Tech Mahindra Limited has informed the Exchange regarding Outcome of Board Meeting held on April 24, 2025.

  • Tech Mahindra - Dividend

    24 Apr 2025, 5:01PM Tech Mahindra Limited has informed the Exchange that Board of Directors at its meeting held on April 24, 2025, recommended Final Dividend of Rs. 30 pe

  • Tech Mahindra - Outcome of Board Meeting

    24 Apr 2025, 4:59PM Tech Mahindra Limited has informed the Exchange regarding Board meeting held on April 24, 2025.

  • Tech Mahindra - Outcome of Board Meeting

    24 Apr 2025, 4:57PM Tech Mahindra Limited has informed the Exchange regarding Outcome of Board Meeting held on April 24, 2025.

  • Tech Mahindra - Company Fixes Record Date For Final Dividend

    24 Apr 2025, 5:46PM Company fixes record date for final dividend on 04th July 2025.

  • Tech Mahindra - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    24 Apr 2025, 5:24PM Disclosure as attached

  • Tech Mahindra - Announcement under Regulation 30 (LODR)-Restructuring

    24 Apr 2025, 5:19PM Merger of Tech Mahindra Enterprise Service Limited, Zen3 Infosolutions Private Limited and Begig Private Limited with the Company.

  • Tech Mahindra - Announcement under Regulation 30 (LODR)-Change in Management

    24 Apr 2025, 5:16PM Appointment of Secretarial Auditor of the Company.

  • Tech Mahindra - 38Th Annual General Meeting Of The Company To Be Held On Thursday, 17Th July, 2025 At 3.30 P.M. (IST) Through

    24 Apr 2025, 5:07PM As per disclosure attached

  • Tech Mahindra Q4 net profit up 34.70% at Rs 710.40 cr

    24 Apr 2025, 5:00PM The company reported standalone net profit of Rs 710.40 crore for the quarter ended March 31, 2025 as compared to Rs 527.40 crore in the same period l

  • Tech Mahindra - Company Fixes Book Closure For Dividend

    24 Apr 2025, 4:56PM Company fixes Book closure for Dividend-05th July 2025- 16th July 2025

  • Tech Mahindra - Corporate Action-Board approves Dividend

    24 Apr 2025, 4:54PM As attached.

  • Tech Mahindra - Board Meeting Outcome for Outcome Of Board Meeting

    24 Apr 2025, 4:51PM Outcome of Board Meeting

  • Tech Mahindra - Annual Audited Consolidated And Standalone Financial Results Of The Company For The Fourth Quarter And Finan

    24 Apr 2025, 4:49PM As attached.

  • Tech Mahindra has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2025

    21 Apr 2025, 4:21PM As of March 2025, 35.01% is owned by Promoters and 64.99% by Public. <p align=justify> Among Promoters holding, Indian Promoters holds 34.98% and Fore

  • Tech Mahindra - Press Release

    11 Apr 2025, 12:58PM Tech Mahindra Limited has informed the Exchange regarding a press release dated April 11, 2025, titled ""Tech Mahindra to announce results for fourth

  • Tech Mahindra - Analysts/Institutional Investor Meet/Con. Call Updates

    11 Apr 2025, 12:55PM Tech Mahindra Limited has informed the Exchange about Schedule of meet

  • Tech Mahindra - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    11 Apr 2025, 12:51PM Intimation of Schedule of the Quarterly Earnings Meeting and Press Release under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements)

  • Tech Mahindra - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    11 Apr 2025, 12:48PM Intimation of Schedule of the Quarterly Earnings Meeting and Press Release under Regulation 30 of the Securities and Exchange Board of India (Listing

  • Tech Mahindra - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    4 Apr 2025, 7:41PM Tech Mahindra Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018

  • Tech Mahindra - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    4 Apr 2025, 7:40PM Please find enclosed Certificate under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 201

  • Tech Mahindra - Board Meeting Intimation for Prior Intimation Of Board Meeting Pursuant To Regulation 29(1) Of The Securities

    31 Mar 2025, 9:12PM Tech Mahindra Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 24/04/2025 ,inter alia, to consider and ap

  • Tech Mahindra - Trading Window-XBRL

    31 Mar 2025, 9:05PM TECH MAHINDRA LIMITED has informed the Exchange about Closure of Trading Window

  • Tech Mahindra - Board Meeting Intimation

    31 Mar 2025, 9:02PM TECH MAHINDRA LIMITED has informed the Exchange about Board Meeting to be held on 24-Apr-2025 to consider and approve the Yearly Audited Financial res

  • Tech Mahindra - Trading Window

    31 Mar 2025, 8:49PM Tech Mahindra Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 20

  • Tech Mahindra - Alteration Of Capital and Fund Raising-XBRL

    18 Mar 2025, 11:01AM TECH MAHINDRA LIMITED has informed the Exchange regarding Allotment of Securities

  • Tech Mahindra - ESOP/ESOS/ESPS

    18 Mar 2025, 10:59AM Tech Mahindra Limited has informed the Exchange regarding Allotment of 75255 Shares.

  • Tech Mahindra - Amalgamation OR Merger-XBRL

    28 Feb 2025, 3:37PM Tech Mahindra Limited has informed the Exchange regarding Amalgamation/ Merger

  • Tech Mahindra - Amalgamation/Merger

    28 Feb 2025, 3:35PM Tech Mahindra Limited has informed the Exchange about Intimation of Plan of Merger of step-down subsidiaries of the Company - Regulation 30 of the Sec

  • Tech Mahindra - Announcement under Regulation 30 (LODR)-Restructuring

    28 Feb 2025, 3:33PM Please find enclosed the Intimation of Plan of Merger of step-down subsidiaries of the Company under Regulation 30 of Securities and Exchange Board of

  • Tech Mahindra

    5 May 2025 , 11:36AM Tech Mahindra: The company’s wholly owned subsidiary, Tech Mahindra London Ltd (TMLL), has entered into a definitive agreement to acquire Mahindra Racing UK Ltd (MRUK) from Mahindra Overseas Investment Company (Mauritius) Ltd (MOICML). MOICML is a wholly owned subsidiary of Mahindra & Mahindra Ltd (M&M).This deal, executed through a share purchase agreement, involves TMLL acquiring 100 per cent shareholding in MRUK for a cash consideration of GBP 1.2 million (~Rs. 13.5 crore).

  • Stock Update: – Tech Mahindra Q4FY25

    28 Apr 2025 , 10:51AM Stock Update: – Tech Mahindra Q4FY25: Mixed Quarter, Steady progress towards FY27 goals

  • Wipro, Tech Mahindra and L&T Technology

    20 Mar 2025 , 9:38AM The companies announced individual partnerships with chipmaker Nvidia for AI-based solutions for various industries. Positive

  • Stock Update: Tech Mahindra Q3FY25 Results

    20 Jan 2025 , 10:59AM Stock Update: Tech Mahindra Q3FY25 Results – Good quarter

  • Tech Mahindra board approves merger of Eventus Solutions

    11 Dec 2024 , 10:47AM Tech Mahindra board approves merger of Eventus Solutions with its parent co Tech Mahindra (Americas)

  • Stock Update: Tech M Q2FY25 Results

    21 Oct 2024 , 10:36AM Stock Update: Tech M Q2FY25 Results – Good Q2, Maintain Buy

  • Tech Mahindra

    20 Aug 2024 , 3:05PM The company board approves sale of 103 acres land in Hyderabad for Rs 535 crore. The objective of the sale is to set up Mahindra University (MU) as an autonomous institution.

  • Tech Mahindra

    9 Aug 2024 , 10:20AM The company and Northeastern University collaborate to drive innovation in ORAN and 6G connectivity solutions. The collaboration will focus on research, development, and testing of next-generation wireless networks for global customers. Positive

  • Tech Mahindra

    19 Jul 2024 , 10:36AM The company to merge step down arm vCustomer Philippines Inc (Cebu) with its parent vCustomer Philippines Inc.

  • Tech Mahindra board approves merger with parent company

    25 Jun 2024 , 2:12PM Tech Mahindra board approves merger of arm Healthnxt Inc with parent company Tech Mahindra (Americas)

  • Tech Mahindra

    20 Feb 2024 , 10:39AM The company has announced acquisition of 100% stake in Orchid Cybertech Services Inc (OSCI). The cost of acquisition is AUD 5 Million. OCSI provides customer experience related services to TPG Telecom. Tech Mahindra has long standing relationship with TPG Telecom (TPG). This deal further strengthens the relationship with TPG and aids in expanding existing customer experience capabilities and business in the Philippines. Acquisition of OCSI will facilitate this transition and enable incremental revenue to be realized. Positive read through.

  • Tech Mahindra acquires 100% stake in Orchid Cybertech Services

    20 Feb 2024 , 10:20AM Acquisition of 100% stake in Orchid Cybertech Services Inc

  • Stock Update: Tech Mahindra Q3FY24 results

    29 Jan 2024 , 1:33PM Stock Update: Tech Mahindra Q3FY24 results – Weak Quarter, Maintain Reduce.

  • Tech Mahindra

    4 Jan 2024 , 11:58AM The Company appointed Richard Lobo as Chief People Officer of the Company with effect from Jan 3, 2024. Prior to joining Tech Mahindra, Lobo was the Executive Vice President and HR Head for Infosys Ltd. The company has also said that Harshvardhan Soin, Chief People Officer, will assume the role of President - Asia Pacific and Japan with effect from 3 January and continue to be designated as Senior Management Personnel.

  • Tech Mahindra

    20 Dec 2023 , 1:04PM CP Gurnani ceases to be MD and CEO of the company on account of the completion of his tenure. Mohit Joshi to take over as CEO and MD effective Dec. 20.

  • Tech Mahindra

    14 Dec 2023 , 10:42AM Tech Mahindra launched Populii, a platform that enables gig workers to collaborate with organisations needing hands for micro jobs. The crowd-sourcing platform will list jobs for gig workers and equip businesses with reliable data from trained and qualified candidates to build artificial intelligence (AI) algorithms.

  • Tech Mahindra

    21 Nov 2023 , 10:52AM Tech Mahindra Americas signed a collaboration deed with NEOM Tech and Digital Company (TONOMUS) for providing digital services. It will incorporate a new subsidiary for provide product and platform development services to Neom Group companies. TONOMUS will initially be granted equity warrants in JVCo and, based on JVCo achieving specified revenue thresholds, may be granted additional equity warrants. Subject to the terms of the Collaboration Deed, the warrants can be converted into shares of JVCo by TONOMUS. Positive read through.

  • Tech Mahindra

    25 Oct 2023 , 10:41AM Tech Mahindra Americas Inc., a wholly owned subsidiary of Tech Mahindra, has approved the divestment of 30 per cent stake in Avion Networks Inc for a consideration amount worth $50,000.

  • Tech Mahindra

    13 Oct 2023 , 11:31AM The Company to sell a 33% stake in a South African unit for ZAR 23.95 million (approximately Rs 10.5 crore). Divestment is undertaken to comply with South African Broad-Based Black Economic Empowerment guidelines.

  • Tech Mahindra

    25 Sep 2023 , 12:01PM The Company says plan of merger of Beris Consulting Gmbh and Lineas Informationstechnik Gmbh with parent Tech Mahindra Gmbh has been approved.

  • Tech Mahindra

    22 Sep 2023 , 10:18AM The company has approved merging Tech Mahindra Credit Solutions Inc (TMSCI) with its parent Tech Mahindra (Americas) Inc., a wholly owned material subsidiary of the company. TMCSI was incorporated to provide collection agency services to reputed customers in the US. The consolidation of entities is to optimize operational cost and reduce the compliance risk. Neutral read through for the stock.

  • Tech Mahindra

    27 Jun 2023 , 11:28AM Company’s step down subsidiary LCC France SARL has approved a proposal to divest its 49% holding in SARL Djazatech along with its wholly owned subsidiary EURL LCCUK Algerie on 25th June 2023. Since there was no contribution in terms of turnover or net worth in the consolidated turnover or net worth of the Company from these entities, therefore the company has decided to divest to optimize the compliance cost and risks.- Neutral read through.

  • Tech Mahindra

    5 Jun 2023 , 10:30AM The company’s subsidiary Comviva Technologies and step-down subsidiary Comviva Technologies B.V. have agreed to sell 0.04% and 99.96% shareholding, respectively in Comviva Technologies do Brasil Indústria, Comércio, Importação e Exportação to Druid Internet Systems Comércio E Serviços for an upfront payment of US$20,000 and deferred payment of US$1.42 million. Turnover and networth for the units/division as on 31st March 2023 was US$ 3.71 million and US$0.63 Million – Neutral read through.

  • Tech Mahindra

    5 May 2023 , 12:11PM Tech Mahindra to acquire an additional 29% stake in Tech Mahindra Arabia from Midad Co. TechM Arabia is a Joint Venture between Tech Mahindra Limited (51%)(TechM) and Midad Company Limited (49%) (Midad). Post this transaction, TechM’s shareholding would be 80% and that of Midad will be 20%. For the financial year ending 31st March, 2023, TechM Arabia had an unaudited revenue of SAR 160.7 million (USD 42.8 million).The acquisition of additional stake will increase TechM stake from 51% to 80%. This will help bolster Tech Mahindra’s presence and capabilities as a more serious player in the region. Tech Mahindra will pay total consideration of up to USD 11.1 million. Positive read through

  • Citi downgrades Tech Mahindra to sell

    17 Apr 2023 , 11:03AM Tech Mahindra slips after Citi downgrades citing risks to major verticals

  • YIT has enter into a strategic partnership with Tech Mahindra to drive business transformation

    31 Mar 2023 , 12:19PM YIT is the largest Finnish and a significant North European development and construction company

  • Tech Mahindra

    10 Mar 2023 , 12:02PM Tech Mahindra bags IT operations modernisation deal from StarHub. Tech Mahindra is assisting StarHub to modernise its IT operations for consumer-facing systems and processes, simplify user journeys, achieve increased IT operational efficiency, and improve customer experiences.

  • Stock Update: Tech Mahindra

    6 Mar 2023 , 1:40PM Stock Update: Tech Mahindra– Navigating the challenging macro, Maintain Buy

  • Tech Mahindra

    1 Mar 2023 , 10:54AM The company has said it has expanded its partnership with Microsoft as an Azure Operator Nexus Ready Systems Integrator. The collaboration will allow telecom operators and enterprises to build, host and operate LTE and 5G networks by using virtualised or containerised network functions leveraging Azure Operator Nexus. Positive read through.

  • Tech Mahindra

    24 Feb 2023 , 10:08AM IT company Tech Mahindra on Thursday said it has engaged group firm Comviva to expand partnership with Vodafone Germany for digital transformation of its sales and customer experience processes. As part of this multi-year engagement, Comviva will deliver a unified sales solution across mobile, fixed, cable and TV services businesses of Vodafone Germany. The Tech Mahindra, Vodafone Germany contract has been in place since 2019 with focus on transforming assisted sales experience. The expanded partnership will target transforming non-assisted digital sales channels and elevating the entire integrated buying experience. Positive read through.

  • Tech Mahindra in pact with Microsoft

    12 Jan 2023 , 2:55PM Tech Mahindra in pact with Microsoft for cloud-powered 5G core network modernisation of telco partners

  • Tech Mahindra

    12 Jan 2023 , 2:48PM Tech Mahindra and Microsoft, have announced a strategic collaboration to enable cloud-powered 5g core network modernization for telecom operators globally. The 5g core network transformation will help telecom operators to develop 5g core use cases and meet their customers’ growing technological (Augmented reality (AR), Virtual reality (VR), Iot (internet of things), and edge computing) requirements. It will further enable them to modernize, optimize, and secure business operations and develop green networks with reduced costs and a faster time to market. Positive read through

  • Tech Mahindra

    14 Sep 2022 , 10:16AM Quantre Solutions and Tech Mahindra has signed a strategic partnership to provide next-generation customer communication services in US and UK. The partnership will focus on modernizing the customer communications industry to deliver superior customer experience across industries such as financial, insurance, and healthcare industries. It would also allow enterprises to develop processes into operating standards through cloud-native microservices including customer communication management (CCM), customer experience management (CXM), cloud-based ETL and data integration service, and Functions-as-a-Service (FaaS). Positive read through for Tech Mahindra.

  • Tech Mahindra

    21 Jun 2022 , 10:08AM Tech Mahindra partners with Communisis to aid with digital transformation, strengthen market position in UK. The partnership will enable Communisis to reduce the time to market and operational costs over a multiyear contract through business and technology transformation – positive read-thru as this partnership will further strengthen Tech Mahindra’s market position and reinforce its technological leadership in the UK with increased delivery capabilities

  • Tech Mahindra

    9 Jun 2022 , 10:34AM Tech Mahindra to buy 26% stake in Huoban Energy 6 Private Limited (Huoban). The entity is into renewable energy generation – Neutral read-thru

  • Tech Mahindra to buy stake in Huoban Energy

    9 Jun 2022 , 10:11AM Agreement for acquisition of 26% stake in Huoban Energy 6 Pvt Ltd

  • Tech Mahindra

    3 Jun 2022 , 10:23AM The company announced a tie-up with Anritsu to establish an Internet of Things (IoT) experience lab at Fremont, California. The lab aims to create a cost-effective environment for 5G IoT device manufacturers to verify device performance – positive read-thru

  • Tech Mahindra

    1 Apr 2022 , 9:19AM Bharti Airtel and Tech Mahindra announced a strategic partnership to build and market innovative solutions for India’s digital economy by bringing together their core strengths. Airtel and Tech Mahindra will set up a joint 5G innovation lab for developing Make in India use cases for the Indian and global markets – positive read-thru as this partnership would help Tech Mahindra to drive the growth given its technology capabilities and Bharti Airtel’s long-standing relationship with enterprise customers in India. Airtel and Tech Mahindra will also offer secure Cloud and Content Delivery Network (CDN) solutions to businesses.

  • Tech Mahindra

    17 Mar 2022 , 1:41PM Tech Mahindra, Cisco to collaborate on 5G modernisation. The collaboration will help service providers reduce their operational expenses and their total cost of ownership – positive read-thru

  • Tech Mahindra

    14 Mar 2022 , 1:10PM Tech Mahindra will acquire 100% stake in Mumbai-based Thirdware Solutions Ltd in all-cash deal for $42 million (including earnouts). The transaction is at 1.5x EV/revenue, which looks reasonable given stable revenue growth over last three years. Thirdware is a global player in enterprise applications focused in the areas of ERP, BIA, Cloud and business technologies. It offers consulting, design, implementing, and support of enterprise applications services with a focus on the automotive industry. The company more than 850 employees and it had revenue of Rs. 210.6 crore in FY2021. The acquired entity’s revenue for first 10 months starting 1st April, 2021 to 31st January, 2022 is Rs. 226.5 crore – positive read-thru as the acquisition will enhance Tech Mahindra’s digital solutions and services in automotive consulting, design, development, and implementation in areas like ERP, EPM, RPA, and IIoT.

  • Tech Mahindra

    2 Mar 2022 , 10:25AM The company has entered metaverse with the TechMVerse launch, to offer interactive and immersive experiences to customers. TechM would work with 1,200 clients for its newly-launched metaverse business and plans to deploy about 1,000 engineers in about a year for the development of technology. Initially, the operations will be spread across Dallas, London, Pun and Hyderabad. Gartner defines the metaverse as a collective virtual open space, created by the convergence of virtually enhanced physical and digital reality – positive read-thru

  • Tech Mahindra to buy stake in Australian firm

    16 Feb 2022 , 11:06AM Approval of proposal for acquisition of 80% equity shareholding in Geomatic.ai Pty Ltd.

  • Tech Mahindra

    16 Feb 2022 , 10:00AM The company will acquire 80% equity shares in Geomatic.ai for consideration of A$6m. AusNet will have 20% shareholding and transfer digital workforce, Intellectual Property (IP), assets and client contracts to the newly formed entity. Geomatic.AI will build digital twins for linear assets leveraging Cloud, Drone and Mobility technologies in the Geospatial domain

  • Stock Update: Tech Mahindra

    18 Jan 2022 , 10:20AM Stock Update: Tech Mahindra: Clicking the right deals

  • Tech Mahindra

    4 Jan 2022 , 12:48PM Tech Mahindra gets data analytics specialisation in Google Cloud program. As a premier partner for Google Cloud, Tech Mahindra has been at the forefront of enabling cloud adoption for enterprises globally. Tech Mahindra is a Google Cloud Partner with over 1,000 trained resources – positive

  • Tech Mahindra board approves acquiring 100% stake in US-based Allyis Group

    31 Dec 2021 , 11:24AM Tech Mahindra board approves acquiring 100% stake in US-based Allyis Group for a cash consideration of $125 m

  • Stock Update: Tech Mahindra

    28 Dec 2021 , 9:44AM Stock Update: Tech Mahindra: Growth in the fast lane

  • Stock Update: Tech Mahindra

    28 Dec 2021 , 9:41AM Stock Update: Tech Mahindra: Growth in the fast lane

  • Tech Mahindra

    21 Dec 2021 , 10:32AM Tech Mahindra said it has been working with Telefónica Germany to digitally transform its microwave network with open software defined networking (SDN). Telefónica is working to standardise its management interface by collaborating with multiple vendors and partner. Tech Mahindra is helping Telefonica achieve this by bringing its domain expertise and continuous integration capabilities to the partnership – positive read-thru

  • Tech Mahindra

    6 Dec 2021 , 10:35AM Tech Mahindra: The IT services major has acquired US remote customer experience solutions provider Activus Connect for $62 million. The acquisition is expected to bolster its capabilities in emerging workplace solutions and strengthen its end-to-end customer experience portfolio. Positive read-thru.

  • Stock Update: Tech Mahindra

    12 Nov 2021 , 11:31AM Stock Update: Tech Mahindra – Analyst Meet: Widening growth horizons

  • Tech Mahindra

    4 Oct 2021 , 9:52AM Tech Mahindra has approved the proposal to acquire 100% equity shares in Beris consulting GmbH for 7 million euros. This translates EV/sales of 0.7x. The company has about 125+ employees. The acquired entity delivered revenues of EUR 10.1 million in CY2020. Beris is an IT consultancy service provider with a strong domain expertise in the automotive industry in Germany with experience in niche techno-domain areas of CX, Aftermarket, Mobility and sharing. The transaction is expected to be completed by October 8

  • Tech Mahindra

    1 Oct 2021 , 10:02AM Tech Mahindra ties up with Cybersecurity Centre of Excellence, Data Security Council of India (CCoE-DSCI) to foster cyber security innovation in India.

  • Tech Mahindra

    24 Sep 2021 , 9:13AM Accenture reports 21% YoY revenue growth in Q4, FY22. Guidance at 12-15%

  • Tech Mahindra

    6 Sep 2021 , 10:52AM Tech Mahindra sets up a dedicated Google Cloud business unit. The business unit with a Centre of Excellence (COE) will provide a comprehensive suite of solutions on Google Cloud and will harness the dedicated talent pool working to build Intellectual Property (IP) and personalised solutions for enterprise customers – positive read-thru.

  • Stock update: Tech Mahindra

    23 Aug 2021 , 9:37AM Stock update: Tech Mahindra - All eyes on 5G booster shot

  • Tech Mahindra

    11 Aug 2021 , 11:01AM As per media news, Tech Mahindra expects to start trials for a COVID drug in the next three to four months after receiving the patent for a particular molecule. The company along with Reagene Biosciences has filed for the patent for a molecule that can be used to develop a drug against coronavirus.

  • Tech Mahindra: Q1FY2022 results review

    30 Jul 2021 , 10:35AM Tech Mahindra: Q1FY2022 results review: Robust Q1; 5G to help harvest growth

  • Tech Mahindra

    5 Jul 2021 , 4:55PM Tech Mahindra partners StaTwig to roll-out blockchain-based vaccine traceability solution. VaccineLedger is an open source platform and designed to perform end-to-end traceability for vaccines in the global supply chain. StaTwig is a UNICEF Innovation Fund Portfolio startup and the World Economic Forum Global Innovator focused on solving supply chain failures in multiple critical industries – positive read-thru

  • Tech Mahindra

    30 Jun 2021 , 4:04PM Tech Mahindra and TAC Security teamed up for enterprise security solutions. The partnership will leverage artificial intelligence (AI) and user-friendly analytics to help measure, prioritise, and mitigate vulnerabilities across the entire IT stack. The partnership brings together the global security competency of Tech Mahindra and TAC Security’s Enterprise Security in One Framework (ESOF) to safeguard clients’ applications and infrastructure against cyber threats. The partnership will also help analysts to prioritise security responses and threat investigations in real time, while improving security postures for enterprises across the world – positive read-thru, as this partnership will help Tech Mahindra to capture the global market of vulnerability management, which was valued at $12.5 billion in 2020 and is expected to grow to $15.5 billion by 2025

  • Tech Mahindra

    28 Jun 2021 , 9:30AM Tech Mahindra approved the proposal to acquire 100% equity shares in Brainscale Inc for $28.8 million. Brainscale is a Cloud focused asset having expertise in Cloud Consulting, Enablement, Application Development and Data Analytics. The company had revenue of $10 million. The transaction is expected to close by 15th August, 2021 – positive read-thru the acquisition will boost Tech Mahindra’s consulting capabilities in the Cloud transformation space and will enable Tech Mahindra to drive growth of Cloud related IT services in the North American market. This is the fifth acquisition by the company during this year

  • Tech Mahindra

    10 Jun 2021 , 10:23AM Tech Mahindra is looking for acquisitions in Europe to upgrade its capabilities in various segments, including cloud computing, 5G, SAP and Salesforce software. Tech Mahindra is also planning to add around 250 people in the Nordic region to support its growth. The company plans to hire local people in the Nordic region – positive read-thru

  • Tech Mahindra

    7 Jun 2021 , 10:07AM Tech Mahindra: The International Chess Federation announced a new partnership with Tech Mahindra to focus on creating the Global Chess League. With the support of FIDE, the Global Chess League will be provided with an accredited and exclusive status as the only world league officially recognised by the governing body of the sport of chess. The collaboration between Tech Mahindra and FIDE will also promote playing of chess in new and innovative formats, create opportunities for youth, and foster many champions globally. The partnership aims to leverage new-age technologies like 5G, artificial intelligence, virtual reality, among others, and explore innovative ways of promoting the game through interactive technology-enabled platforms – positive read-thru

  • Tech Mahindra

    26 May 2021 , 3:26PM Tech Mahindra Ltd has won a five-year technology and digital transformation contract from the UK-based food-to-go retailer, Pret A Manger, under which it will enhance technology support to Pret’s shops and operations. Tech Mahindra will create and implement a digital transformation programme that aligns with Pret’s business strategy, enabling service transformation to a truly global operating model. The programme will be centred around streamlining and optimising Pret’s IT infrastructure through cloudification, systems re-engineering, consumerisation of IT systems and data engineering – positive read-thru

  • Tech Mahindra

    3 May 2021 , 9:11AM Tech Mahindra, Reagene to file patent for coronavirus attacking molecule. Tech Mahindra is in the process of filing a patent, along with Reagene Biosciences, for a drug molecule that can potentially attack coronavirus. Makers Lab platform (research and development arm of Tech Mahindra), which uses artificial intelligence and other computational technology, is reducing time for discovery of drugs – positive read-thru

  • Tech Mahindra: Q4FY2021 result update

    27 Apr 2021 , 11:03AM Tech Mahindra: Q4FY2021 result update: Powered by the right deals

  • Tech Mahindra acquires DigitalOnUs to augment hybrid-cloud offerings

    20 Apr 2021 , 10:54AM Approval of proposal for acquisition of 100% stake in DigitalOnUs, Inc

  • Tech Mahindra

    20 Apr 2021 , 9:09AM Tech Mahindra announced that it has acquired DigitalOnUS for $120 million, to augment hybrid-cloud offerings for enterprise customers globally. Tech Mahindra has acquired 100% stake in the organisation to strengthen cloud-native development, hybrid cloud infrastructure and SRE (Site Reliability Engineering) automation. The company has more than 380 employees. For the financial year ending 31st December 2020, the company had revenue of USD 30.6 million. The transaction is expected to close by May 15, 2021 –

  • Tech Mahindra

    13 Apr 2021 , 4:59PM Tech Mahindra announced that it was partnering with Indian Premier League (IPL) team Rajasthan Royals to build on fan loyalty and fan monetisation. The collaboration aims to derive three times the value from a loyal fanbase using Tech Mahindra’s digital platform powered by next-generation technologies. As part of the collaboration, Tech Mahindra will also support Rajasthan Royals to reach wider markets and audiences through comprehensive fan engagement platforms and digital campaigns. Tech Mahindra will also leverage new-age technologies to create revenue streams for the team and expand fan base – positive read-thru

  • Tech Mahindra: Stock update

    19 Mar 2021 , 10:43AM Tech Mahindra: Stock update: Taking the right calls for growth

  • Tech Mahindra

    18 Mar 2021 , 12:28PM In an interview, Tech Mahindra chief executive and managing director C.P. Gurnani mentioned that the pandemic-induced new normal has witnessed an accelerated pace of technology adoption. He expects the demand and growth environment to pick up. Mergers and acquisitions are a vital part of its business strategy. Forming meaningful alliances help it in enhancing our service offerings, enabling us to emerge as a ‘partner of choice’. These acquisitions are in line with its strategy to strengthen its digital capabilities and offer its clients end-to-end transformation services. This will significantly enhance its local presence in the markets and create significant synergies which can bring next-generation solutions to customers.

  • Tech Mahindra

    15 Mar 2021 , 11:51AM Board of Directors of Tech Mahindra has approved the proposal to acquire 70% equity shares in Perigord Asset Holdings Limited (Perigord) directly and indirectly through its wholly owned subsidiary viz. Mahindra Engineering Services (Europe) Ltd.

  • Tech Mahindra to acquire 70% stake in Perigord

    15 Mar 2021 , 10:39AM Approval of proposal for acquisition of majority stake in Perigord Asset Holdings

  • Tech Mahindra

    2 Mar 2021 , 10:24AM The Supreme Court has dismissed a petition by the Directorate of Enforcement (ED) to provisionally attach fixed deposits worth Rs 822 crore of the erstwhile Satyam Computer Services. The ED had provisionally attached the fixed deposits in 2012 under the Prevention of Money Laundering Act, 2002 as part of its investigation into a money laundering case against Satyam – positive read-thru

  • Tech Mahindra

    17 Feb 2021 , 9:07AM IBM and Tech Mahindra collaborate to generate $1 billion business each over the next three years by jointly offering solutions in 5G, cyber security and cloud services to customers globally. The companies will also co-invest in centres of excellence and innovation centres in India, south Asia, and the US. About 40% of the revenue will be driven by telecommunications and 5G, powered by hybrid cloud, while 60% will be from other industries – positive read-thru

  • Tech Mahindra

    16 Feb 2021 , 9:11AM TechM announced a strategic partnership with Telefonica Germany / O2 to drive their end to end IT transformation. Tech Mahindra will provide a ‘digital first’ experience by leveraging out-of-the-box process libraries and its capabilities across digital technologies like Business Support Systems, Customer Experience, Cloud, Data & Analytics and Artificial Intelligence. Through this digital transformation, Tech Mahindra will support Telefonica Germany / O2 to deliver faster product launches and provide a more ‘human centered’ experience to its customers in the mass market segment. In August 2020, Telefonica Germany / O2 selected Tech Mahindra to drive its network and services operations, in addition to developing use cases for 5G, Artificial Intelligence (Al), and Machine Learning technologies – positive read-thru, this is an expansion of Tech Mahindra’s long standing strategic relationship with Telefonica. This multi-year engagement involving modernisation of existing stacks based on cloud native products will accelerate Telefonica Germany’s digital journey.

  • Tech Mahindra

    4 Feb 2021 , 9:53AM Tech M announced a strategic partnership with RSA Scandinavia. Tech Mahindra will support RSA Scandinavia in its IT Infrastructure digitization strategy by transforming its mainframe operations using next-generation service to enhance customer experience and faster time-to-market - positive read-thru

  • Tech Mahindra

    13 Jan 2021 , 10:28AM Tech Mahindra to buy entire stake in Payments Technology for $9 million. The transaction is expected to close by March 31, 2021. Payments Technology is headquartered in Hong Kong and has approximately 109 employees and revenue for the financial year ended December 31, 2019, was USD 5.4 million - The acquired capabilities in the payments space will give the company access to IPs and licenses for 2 products (Open Payment Framework (OPF) and Multi-Bank System (MBS)), which is consistent with its strategy of pivoting the business towards product and platform implementations and participating in the banking transformation programs. This acquisition will open up other opportunities for Tech Mahindra as a larger partner with FIS across a number of areas.

  • Tech Mahindra

    7 Jan 2021 , 9:56AM Tech Mahindra: Sumitomo Corporation launches automotive engineering business with Tech Mahindra in Japan. New company aims to provide automotive manufacturers and other customers with advanced development services based on its full support system to expand the business. This would help Sumitomo Corporation would capture increasing demand for automotive engineering - positive

  • Tech Mahindra – stock update

    21 Dec 2020 , 12:21PM Tech Mahindra – stock update – Strong recovery expected, valuation attractive

  • Tech Mahindra

    15 Dec 2020 , 11:30AM European Commission announced that it has decided to approve the acquisition of joint control over the newly created joint venture SCTM Engineering Corporation by Sumitomo Corporation and Tech Mahindra Limited – positive read-thru

  • Tech Mahindra: stock update

    2 Dec 2020 , 8:57AM Tech Mahindra: stock update: Analyst Meet takeaways: Standing on new growth pillars

  • Tech Mahindra

    23 Oct 2020 , 9:34AM Tech M has agreed to acquire 6.03% equity shares in VitalTech Holdings, Inc for $3 million. The Company also has an option to invest an additional amount of upto US$5mn till January 2021. It has an option to acquire additional equity of upto 8% till January 2021. It is engaged in the business of cloud-based Telehealth and remote patient monitoring platform development and services. It will strengthen company’s existing Healthcare IT services business and help company’s healthcare customers in their digital transformation journey. Turnover for the financial year ended December 31, 2019 was $0.396 million and year-to-Date turnover as of September 30, 2020 is US$ 2.2 million – positive read-thru

  • Tech Mahindra

    16 Oct 2020 , 9:58AM Tech Mahindra forms 50:50 joint venture with Sumitomo Corp to provide engineering services in Japan – positive read-thru as JV entity will provide engineering services to the automotive companies situated predominantly in Japan

  • Tech Mahindra

    28 Sep 2020 , 1:52PM Tech Mahindra is in advanced stage of sharing technology with ITI and ITI will be ready to make 4G & 5G equipment in a few months

  • Tech Mahindra - Stock update

    24 Sep 2020 , 11:15AM Tech Mahindra: stock update: Feet on many accelerators

  • Tech Mahindra

    23 Sep 2020 , 2:19PM Tech Mahindra (Americas) Inc. USA has agreed to sell C1 Series Preferred Shares in Altiostar Networks Inc., Delaware for $45 million to Rakuten Mobile. As it is a minority investment there is no contribution to turnover/revenue/income and net worth by Altiostar Networks, Inc. during the FY2020. Further, Tech Mahindra has been appointed as a preferred partner for global go-to—market opportunities for the Rakuten Communications Platform (RCP). Based on the agreement, as a preferred partner, Tech Mahindra will provide its leading technologies and software capabilities to support the development and deployment of mobile networks for global customers of RCP. Tech Mahindra will also provide managed IT, security and network services to Rakuten Mobile, and there are also plans to designate Tech Mahindra as an official reseller of RCP – positive read-thru

  • Tech Mahindra

    26 Aug 2020 , 10:08AM Tech M expects $150-200 million revenue per annum (2-3% of total revenue) from 5G as it goes mainstream; overall manufacturing is actually a bit slower than some of the other sectors, while it sees revival in some parts of healthcare segment; higher offshoring and higher WFH mode (reduction in costs) are margin levers going forward - 5G opportunity is expected to start next fiscal year and the company is well positioned to participate in the 5G take-off

  • Tech Mahindra

    20 Aug 2020 , 9:38AM Telefonica Deutschland has selected Tech Mahindra for its network and services operations in addition to developing 5G, artificial intelligence and machine learning use cases. Telefonica Deutschland has more than 42.4 million connections excluding M2M as of 30 June 2020 in Germany. Positive read thru

  • Tech Mahindra

    17 Aug 2020 , 10:40AM Stock Idea -Tech Mahindra: Pressing all the right buttons

  • Tech Mahindra

    7 Aug 2020 , 12:14PM Tech Mahindra, AWS and SAP join forces to bring India’s government services into the cloud – positive read-thru

  • Tech Mahindra

    4 Aug 2020 , 5:22PM Mahindra wants 25-30% of its employees working from home (WFH) permanently by June 2021; this will mean change in policies, change in its facilities and creating a new operating model – most of the managements of leading IT players have been talking about hybrid business model (mix of working from home and coming into the office); TCS’ new 25/25 model proposes that only 25% of the employees will be in the office and any one employee will only spend 25% of their time in office.

  • Tech Mahindra

    4 Aug 2020 , 11:40AM Tech Mahindra launches Mhealthy to enable workforce and community safety against COVID-19; Tech Mahindra said Mhealthy is clinically tested and compliant with all govt-mandated regulations, guidelines; the company will provide this service for Rs 1,200 per person. The Mhealthy team will visit premise of societies and companies for the screening with portable devices

  • Tech Mahindra

    28 Jul 2020 , 11:15AM Tech Mahindra: viewpoint: Q1FY2021 results highlights: Stable quarter

  • Tech Mahindra

    6 Jul 2020 , 11:31AM Tech Mahindra will bid for the revised tender to supply the 4G equipment to BSNL partnering with ITI and other local companies; BSNL has cancelled the tender to upgrade the existing 4G network across 47,000 sites and building new capability in Delhi and Mumbai for MTNL after the government barred BSNL from sourcing equipment from Chinese players Huawei and ZTE. ZTE had joined Nokia to bid for the tender, estimated to be around Rs 9,000 crore – positive read-thru

  • Tech Mahindra

    29 Jun 2020 , 9:17AM : ITI and Tech Mahindra have signed a MoU to work together in the areas of 4G & 5G smart networks, Smart Cities and Health Care services; ITI and Tech Mahindra will collaborate to create Make in India stack as part of this MoU for the upcoming 4G & 5G opportunities in India. Tech Mahindra will be responsible for providing the software IPs, implementation and integration services, operations and maintenance services. This partnership intends to jointly build a framework that will provide solutions of the upcoming wireless technologies to different telecom service providers in the country and also address business opportunities globally – positive read-thru as this partnership is in-line with government's initiative of Aatma Nirbhar Bharat.

  • Tech Mahindra

    24 Jun 2020 , 10:37AM Tech Mahindra and Lucideus announced a strategic collaboration to conduct annual cybersecurity risk assessment for global organisations

  • Tech Mahindra

    22 Jun 2020 , 12:45PM As per media news, Tech Mahindra is planning to foray into telecom equipment manufacturing and it has already entered into an agreement with state-run ITI Ltd to manufacture 4G equipment

  • Tech Mahindra

    19 Jun 2020 , 12:56PM Infoworks announced its expanded partnership with Tech Mahindra to deliver turnkey solutions that greatly accelerate migration of premises based enterprise data warehouse (EDW) and Hadoop environments to the cloud – positive read-thru

  • Tech Mahindra

    18 Jun 2020 , 11:59AM AT&T (one of the top 5 customers of Tech Mahindra) expects to reach nationwide 5G coverage by the end of December 2020 – positive read-thru

  • Tech Mahindra

    12 Jun 2020 , 12:39PM Tech Mahindra announces new cloud management platform mPAC 3.0; mPAC 3.0 reinforces Tech Mahindra’s capabilities to deliver a unified management experience across multi-cloud and hybrid enterprise environment. The platform will enable enterprises to automate infrastructure deployment on cloud and will provide a unified view across IT operations – positive read-thru

  • Tech Mahindra

    4 May 2020 , 10:04AM Tech Mahindra: view point: Q4FY2020 results update: Disappointing quarter, reasonable valuation

  • Tech Mahindra

    13 Apr 2020 , 11:02AM Tech Mahindra modifies terms of stake acquisition in Zen3, Cerium Systems; the company has not provided any reason for the modifications

  • Tech Mahindra

    27 Mar 2020 , 11:46AM Tech Mahindra to shut all its offices, manage critical services from home; Most Tech Mahindra employees had started working from home in view of the Covid-19 outbreak and the consequent nationwide lockdown, but staff supporting critical and essential services had to be present in its offices – we have already highlighted the supply side issue in our last report; there will be challenges in work-from-home environment in terms of Data Security, poor internet speed at home to connect to servers, logistical issues and getting permission from clients due to privacy disclosure clause

  • Tech Mahindra

    17 Mar 2020 , 12:42PM Tech Mahindra and Innoveo announced that the enterprises will partner to drive digital transformation to enhance customer experience globally in Insurance, Banking and Wealth Management; through this partnership, they will leverage No-Code Platforms to accelerate the launch of custom-built applications for their collective network of clients without software coding in real-time across all banking, wealth management and insurance sectors.

  • Tech Mahindra

    4 Mar 2020 , 12:46PM Tech M's subsidiary Comviva Technologies has agreed to sell its 100% shareholding in Terra Payment Services (Netherlands) BV along with its subsidiaries. Revenue of Terra Payment stood at $2.3 million (0.046% of Tech M) – neutral read-thru

  • Tech Mahindra

    3 Mar 2020 , 10:45AM NCLT Mumbai and Bengaluru sanction scheme of merger by absorption between Tech Mahindra Growth Factories and Dynacommerce India Private with the company

  • Tech Mahindra acquires Zen3 Infosolution for $42 million

    25 Feb 2020 , 12:27PM Approval of proposal for acquisition of 100% stake in Zen3 Infosolutions (America) Inc

  • Tech Mahindra

    25 Feb 2020 , 10:54AM Tech Mahindra acquired 100% stake in Zen3 Infosolution. Zen3 Infosolutions is specialized in Software Product Engineering, DevOps testing, Machine learning and AI & Analytics based solutions and the company has 1300 employees; Tech M would pay $42 million upfront and another $22 million over 3 years linked to financial performance; the transaction is expected to close by April 2020; Zen3 had revenue of $38 million in December 2018 and $25 million for the six months ending June 2019 (annualized revenue computed to $50 million);revenue of Zen3 has grown at a CAGR of 33% over FY2016-19; the transaction appears to have been done at a reasonable valuation of 1.3x EV to annualized sales – positive read-thru, this acquisition would strengthen Tech M’s enterprise application practice and capability. Zen3 is expected to add ~1% revenue for Tech M in FY2021E

  • Tech Mahindra board to consider interim dividend on February 24

    18 Feb 2020 , 1:36PM Board meeting to consider the proposal of interim dividend for the Financial Year 2019-2020

  • Tech Mahindra

    1 Feb 2020 , 9:20AM Tech Mahindra: Viewpoint Update: Q3FY20 results review – Strong revenue growth, deal wins impress

  • Tech Mahindra

    18 Dec 2019 , 3:16PM Tech Mahindra: Viewpoint update - Growth to accelerate on steady flow of large deals

  • Tech Mahindra

    17 Dec 2019 , 1:29PM Tech Mahindra: Analyst Meet highlight: Scope for profitability improvement in FY21E

  • Tech Mahindra wins smart City project from PCMC in pune

    12 Dec 2019 , 2:38PM Tech Mahindra bags Rs. 500 crore Smart City project in Pune

  • Tech Mahindra

    22 Nov 2019 , 11:03AM Tech Mahindra has signed an agreement with Business Finland for research and development in 5G and 6G. Tech Mahindra Ltd will develop, pilot and implement state-of-the-art digital products and services to foster growth, productivity and innovations in the area of 5G and 6G – positive read-thru

  • Tech Mahindra

    15 Nov 2019 , 12:28PM Tech Mahindra and Mahindra TEQO partner to create digital solutions for renewable energy industry; the partnership will create a digital ecosystem for the global renewable energy industry to deliver end-to-end integrated solutions to customers worldwide and provide support through the asset lifecycle – positive read-thru

  • Tech Mahindra

    6 Nov 2019 , 10:58AM Tech Mahindra: Viewpoint Update: Q2FY20 results review - Beat across all fronts

  • Tech Mahindra

    10 Oct 2019 , 12:11PM Tech Mahindra: Tech Mahindra and Cisco launch 5G-enabled solution to build factories of the future; this partnership is uniquely positioned to help unite IT and operations for digital manufacturing initiatives while enhancing efficiency and increasing profitability for Tech M’s customers – positive read-thru

  • Tech Mahindra widens strategic alliance with AT&T

    6 Sep 2019 , 12:46PM Indian IT major to accelerate US firm’s IT network applications, systems

  • Tech Mahindra launches GAiA 2.0 to expedite adoption of AI/ML by enterprises

    27 Aug 2019 , 12:20PM Tech Mahindra: Tech Mahindra announced the release of GAiA 2.0, the latest version of its enterprise artificial intelligence (AI) & machine learning (ML) lifecycle management platform GAiA, powered by Acumos – positive read-thru

  • Tech Mahindra bags $100mn outsourcing contract from Vodafone New Zealand

    28 May 2019 , 12:19PM Tech Mahindra: According to media reports, the company has bagged $100mn outsourcing contract from Vodafone New Zealand and as part of the contract TechM will absorb telecom major’s 200 employees.

  • Tech Mahindra to buy 100% stake in Japanese company

    15 Mar 2019 , 1:03PM IT company to acquire Japan-based mobile network solution firm K-Vision for US$ 1.5 million

  • Tech Mahindra buyback to open on March 25

    15 Mar 2019 , 10:53AM Tech Mahindra: (a) approval of proposal for acquisition of k-vision with an enterprise value of $1.5 million through its subsidiary (Mahindra Engineering services). Tech M intends to leverage the local presence of K-vision to build network services business in Japan. K-vision had revenue of $4.8 million on LTM basis - positive read-thru (Tech M has done partnership with Rakuten to set-up 5G labs and enhance customer experience for users in Japan); (b)Tech Mahindra's buyback of shares (not exceeding Rs 1,956 crore) to open on March 25 and will close on April 5, 2019.

  • Tech Mahindra launches netOps.ai

    27 Feb 2019 , 12:47PM Tech Mahindra launches netOps.ai to accelerate 5G adoption for communication service providers – positive read-thru

  • Tech Mahindra and Rakuten set up 5G Lab in Tokyo

    21 Feb 2019 , 1:39PM Tech Mahindra and Rakuten set up 5G Lab in Tokyo – positive read-thru, 5G is expected to fuel growth across industry verticals and domains Tech Mahindra and Rakuten Mobile Network announced that they have set up a testing facility for software-defined network in Tokyo. The Rakuten cloud innovation laboratory is a fully automated testing facility that aims to foster innovation across mobile network, IT digital architecture, cloud and enterprise applications.

  • Tech Mahindra board appproves buyback of shares

    21 Feb 2019 , 1:27PM Tech Mahindra board approved share buyback upto 2.05 crore shares (2.1% of total share outstanding) via tender route of worth Rs 1,956 crore (22% of its cash & cash equivalents as of December 31, 2018 and less than 10% of its networth) at Rs. 950 per share (a premium of around 15% to its CMP); the company has fixed March 6 as its record date for share buyback – positive read-thru

  • Tech Mahindra approves buyback at Rs. 950/sh

    21 Feb 2019 , 11:18AM Board approves proposal for buyback

  • Tech Mahindra gains ahead of board meeting

    18 Feb 2019 , 10:41AM Board to consider buyback proposal

  • Tech Mahindra to buy Czech based engineering service firm

    23 Aug 2018 , 12:06PM Tech Mahindra to acquire Czech based engineering service firm Inter-Informatics for Rs 8 crore and the transaction is expected to be closed by September 15, 2018 – positive read-thru

  • Tech Mahindra signs four year deal with US football team

    17 Aug 2018 , 10:03AM Tech Mahindra signs four year deal with US football team – positive read-thru

  • Tech Mahindra: Viewpoint

    31 Jul 2018 , 1:35PM Tech Mahindra: viewpoint: Q1FY2019 result update - Satisfactory quarter

  • Satisfactory quarter for Tech Mahindra

    28 May 2018 , 12:06PM We maintain our Positive view on the stock and expect it to generate 12-15% returns over the next 8-12 months.

  • Tech Mahindra sets up Cyber Security Operations Centre in AP

    24 Apr 2018 , 11:03AM Tech Mahindra has set up the country's first Cyber Security Operations Centre in Vijayawada, in collaboration with the Andhra Pradesh

  • Top Picks basket outperformed the benchmark indices with decline of 2.9%

    1 Mar 2018 , 11:08AM For the uninitiated, our flagship investment portfolio, Top Picks, that has unbeaten track record of outperformance for nine years is available in new format on IA platform now.

  • Tech Mahindra acquires 17.5% stake in Altiostar

    19 Jan 2018 , 3:42PM Stock to be in focus as Tech Mahindra acquires 17.5% stake in Altiostar for $15 million.

  • Tech Mahindra partners Israel's ContextSpace

    16 Jan 2018 , 10:34AM Positive read through as Tech Mahindra partners Israel's ContextSpace for cybersecurity

  • Tech Mahindra acquires further stake in Comviva Technologies

    26 Dec 2017 , 9:40AM Tech Mahindra stocks to remain in focus as it acquires 32.07% stake in Comviva Technologies

  • Tech Mahindra develops blockchain technology for vehicle registration

    15 Dec 2017 , 3:08PM Positive read through for Tech Mahindra as the company is in the process of developing blockchain technology for vehicle registration.

  • Tech Mahindra delivers good set of numbers for Q2

    2 Nov 2017 , 3:13PM Tech Mahindra Q2FY18 results: Good margins execution continues, PAT beat led by higher other income

  • Tech Mahindra to sell step-down arm to Swiss firm

    21 Jun 2017 , 3:26PM Tech Mahindra agrees to sell a step-down subsidiary in Pakistan to Swiss firm Talkpool AG for $5.2 million
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Key fundamentals

Evaluate the intrinsic value of Tech Mahindra Ltd stock 

Name March-25 March-24 March-23 March-22 March-21
Assets 23651.1 24400.9 25203.9 27079.6 26246.2
Liabilities 23651.1 24400.9 25203.9 27079.6 26246.2
Equity 489.5 488.4 487.1 485.9 484.1
Gross Profit 4258 2373.5 4769.5 5485.3 5330.3
Net Profit 3506.1 2128.6 3777.5 4913.1 4239.1
Cash From Operating Activities 4293.1 5005.3 4102.1 2969.4 6851.9
NPM(%) 7.85 5.05 8.85 14.14 14.3
Revenue 44617.2 42099.3 42657.3 34726.1 29640.9
Expenses 40359.2 39725.8 37887.8 29240.8 24310.6
ROE(%) 13.23 8.03 14.25 18.54 16

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
30 600 2.85 1445.2
31 Oct 2024 15 300 2.85 1701.2
19 Jul 2024 28 560 2.85 1190.3
02 Nov 2023 12 240 2.85 1170.7
21 Jul 2023 32 640 2.85 1003.15
21 Jul 2022 15 300 2.85 1202.85
02 Nov 2021 15 300 2.85 1524.1
23 Jul 2021 15 300 2.85 969.25
23 Jul 2021 15 300 2.85 962.2
29 Oct 2020 15 300 2.85 824.15
23 Jul 2020 5 100 2.85 546.25
02 Mar 2020 10 200 2.85 838.8
25 Jul 2019 14 280 2.85 773.05
26 Jul 2018 14 280 2.85 702.75
27 Jul 2017 9 180 2.85 429.15
28 Jul 2016 6 120 2.85 480.25
28 Jul 2016 6 120 2.85 476.45
23 Jul 2015 6 120 2.85 640.25
25 Jul 2014 20 200 2.85 1837.6
19 Sep 2013 5 50 2.85 1244.65
30 Jul 2013 5 50 2.85 909.85
02 Aug 2012 4 40 2.85 611.6
04 Aug 2011 4 40 2.85 657.3
21 Jul 2010 3.5 35 2.85 774.2
27 Oct 2008 4 40 2.85 423.6
17 Jul 2008 5.5 55 2.85 906.3
21 Mar 2007 1.5 15 2.85 1357.95

Peers

Other companies within the same industry or sector that are comparable to Tech Mahindra Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
ROX Hi-Tech Ltd 53.10 0.00 5.71 3609.64 93.02 0.00
Tata Consultancy Services Ltd 3514.60 1.08 26.19 572195.30 13419.52 3.59
Accelya Solutions India Ltd 1396.60 0.99 16.51 2359.42 628.74 4.65
Allied Digital Services Ltd 199.45 3.47 20.88 8740.99 162.64 0.75

Company Info

YEAR EVENTS 2000 - Mahindra-British Telecom, a 60:40 joint venture between the Mahindra group and British Telecom, shareholders approved a proposal to raise funds through an initial public offer and an employee stock option plan. -The Company proposes to raise funds through an initial public offer. - The Company and Silicon Automation Systems Ltd (SASL) has forged a strategic alliance to develop solutions and product markets using the wireless application protocol (WAP). - The Company's IPO is proposed to be of 53,18,633 No. of equity shares with a face value of Rs 2 each, at a price to be determined in accordance with SEBI guidelines for the fully book-built route. 2001 - Mahindra-British Telecom and the US-based Rockwell Electronic Commerce have entered into a 5-year strategic alliance and set-up a offshore software development centre in the city involving total capital cost of $4.5 million. - Software firm Mahindra-British Telecom plans to lay off 300 employees, or about a tenth of its workforce, a company spokesman told Reuters on September 25. 2004 -Gets Intellectual Property Rights (IPR) for the optical planning and design solution that formed part of Marconi's Netscient Software product suite - a trademark brand acquired by Marconi in 2001 -Mahindra British Telecom (MBT), the telecom software joint venture between the Mahindra Group and British Telecommunications Plc (BT) has announced the appointment of Premchand as chairman of TeleManagement Forum's New Generation Operations Systems and Software (NGOSS) Security Team. -Mahindra British Telecom (MBT) has signed a solutions partner agreement with UK-based Cramer, a major player in inventory-powered back office automation for telecom service providers -MBT has joined three International Systems Security Engineering Association (ISSEA) as its corporate member -Mahindra British Telecom (MBT), the IT services provider to the telecom industry, has signed a global partnership agreement with Netegrity , provider of identity and access management solutions 2005 -MBT launches new software for language conversion -Cyclone Commerce join hands with MBT -MBT acquires Axes Tech for $54 mn -MBT, MICO may sign MoU with Mahindra British 2006 -Tech Mahindra's IPO shares will be priced between Rs 315 and Rs 365 a share. The offer will open on August 1 and close on August 4. The company plans to raise up to Rs 465 crore through the issue, which offers 12.75 crore shares for sale. The company had reached critical mass and it had decided that the time was right for the offer. -The initial public offering (IPO) of Tech Mahindra, a joint venture between Mahindra and Mahindra Ltd and British Telecommunications PLC, was subscribed 1.26 times on the first day of the issue. -Motorola joins hand with Tech Mahindra to form CanvasM -Company has changed its name from Mahindra British Telecom Ltd. to Tech Mahindra Ltd. 2007 - Tech Mahindra Ltd has announced their participation in Microsoft's Connected Services Sandbox, a new program that brings together systems integrators (SIs), independent software vendors (ISVs), developers, network equipment providers, and telecommunications service providers in a collaborative environment to develop and test new communications services. - Tech Mahindra Ltd has won a prestigious award for its outstanding contribution, achievements in the telecoms industry and for continued support to the OSS / BSS community. The award was announced by Tolestrategies on April 25, 2007 on as a part of the Billing & OSS World 2007 conference in Chicago. -Tech Mahindra has signed an agreement for acquiring upto 100% equity in iPolicy Networks, India, a wholly owned subsidiary of US based iPolicy. 2008 -Tech Mahindra Ltd has appointed Mr. M Damodaran as an additional Director of the Company in the category of Non Executive Independent Director by Board of Directors of the Company at their meeting held on July 22, 2008. -Tech Mahindra signs five year application support deal with BT Group -Tech Mahindra joins hand with Microsoft -Tech Mahindra wins $700m deal from BT 2009 - Tech Mahindra Ltd has appointed Mr. Ravindra Kulkarni and Mr. B H Wani as Additional Directors of the Company in the category of 'Non Executive Independent Director' by the Board of Directors of the Company on March 30, 2009. - Tech Mahindra has won the bid for Satyam Computer after bidding at Rs 58 per share. Tech Mahindra would pay Rs1,757 crore for a 31 per cent stake in Satyam. Tech Mahindra has secured complete funding to acquire a 51 per cent stake in Satyam. - Etisalat DB, formerly known as Swan Telecom, has decided to outsource implementation of its software applications as well as IT infrastructure to Tech Mahindra as part of a $400-million deal, which is spread over the next 10 years. This is the largest IT services deal that the telecom software vendor has bagged in the domestic market. 2010 -AT&T 2010 Supplier Award for outstanding performance & service to AT& T and its affiliates. -Expands footprint in Latin America. -AT&T acquires 8.07% stake in Tech Mahindra for Rs 160 crore. -"Tech Mahindra Ltd. Honored by AT&T as Outstanding Supplier". -Tech Mahindra is now concentrating more on the business in Middle East and African (MEA) market. -"Bharti Airtel announces strategic partnership to drive world class customer service across Africa". 2011 -"Tech Mahindra Sets Up BPO Operations in Philippines". -Enters billion dollar league. -AT&T 2011 Supplier Award for the 2nd year consecutively. -The research provider international firm, IDC has recently stated that Tech Mahindra - Mahindra Satyam combination may emerge as a major IT success in the Asia-Pacific region, especially for Indian IT service providers and other regional players. 2012 -Tech Mahindr - Merger of Tech Mahindra and Mahindra Satyam Announced. -Tech Mahindra inaugurates its 6th SEZ facility in Noida. -The global player British Telecom has started sale of a part of its over 23 per cent stake in IT major Tech Mahindra in the open market. -Tech Mahindra acquires majority stake in Comviva Technologies. -Tech Mahindra extends partnership with Vodafone Qatar. 2013 -Mahindra Satyam and Tech Mahindra launches the `Young CEO' Program -Tech Mahindra Establishes First European Testing Lab in Sweden -Mahindra Satyam launches Contextual Services Platform for E-Commerce and Banking -Tech Mahindra Launches BSS Platform for New Telcos Entering the Market -Tech Mahindra Announces Strategic Partnership with NIS -Tech Mahindra - Mahindra Satyam merger consummated Announces new brand identity -Tech Mahindra Wins Pegasystems 2013 Partner Excellence Award -Tech Mahindra Signs an Outsourcing Contract for Application Maintenance and Development with Volvo Car Corporation -Tech Mahindra and Bosch Software Innovations announce Global System Integrator Partnership -Tech Mahindra's Global Test Factory Achieves a Double Win at The European Software Testing Awards -Tech Mahindra Launches Hewlett Packard Center of Excellence 2014 -Tech Mahindra Launches NFC Testing Lab -Tech Mahindra and Microsoft Partner to Co-Develop the Spring Release of Microsoft Dynamics CRM -Tech Mahindra Launches Alstom Transport Global Development Center -Tech Mahindra Launches Reference Data Management Solution in North America -Tech Mahindra Opens a Delivery Center in Belgium -Tech Mahindra Wins 2014 Land Transport Excellence Awards for Best ICT Solution Delivery Partner -Tech Mahindra establishes Greater Montr‚al center -Tech Mahindra signs MoU with Wichita State University -Tech Mahindra Wins Business Transformation Award at PegaWORLD 2014 -Tech Mahindra and Bosch Software Innovations to create Internet of Things Ecosystem -Tech Mahindra launches Airbus Group's `HUB' at Electronic city facility, Bengaluru -Tech Mahindra Launches Telematics Platform for the Insurance Industry 2015 -Tech Mahindra Ltd forms a joint venture with Avion Systems -Tech Mah acquires SOFGEN to expand core banking expertise -Tech Mahindra Ltd had new customer service centre in Waterford with Three Ireland. -Tech Mahindra Achieves s openeAutomotive SPICEr Level 3 Certification -Tech Mahindra & IBM Join Hands to Accelerate Global Hybrid Cloud Adoption -Tech Mahindra launches SDN - NFV based Smart City Solutions -Tech Mahindra Ltd has entered into a strategic agreement with China-based company Gao Feng Advisory Company -Tech Mahindra Ltd has been selected by Circle Health to become their chosen technology partner for the next 10 yepower the Citizens of Ontario with Clean Energy -Tech Mahindra has entered into a globalars -PNMsoft collaborates with Tech Mahindra to offer superior customer experiences -Global Companies Join Hands to Em partnership with Real-Time Innovations (RTI) -Tech Mahindra Ltd has signed a contract with Bombardier to develop an aircraft ground support system (AGSS). -Tech Mahindra has entered into collaboration with Transport Systems Catapult (TSC), to develop Intelligent Mobility solutions -Mahindra Group's Saral Rozgar enters International Market for Blue-collar and Entry Level Employment -TechM bags the Forbes Top 100 Middle East - Global Meets Local 2015 Award -The Company has allotted the Bonus Shares in the Ratio of 1:1. -Tech Mahindra has splits its face value from Rs. 10 to Rs. 5 2016 -Tech Mahindra Ltd Acquisition of a UK Company - Tech Mahindra acquires leading Digital Change Agentsr: The BIO Agency -Tech Mahindra Ltd. FCA approves Tech Mahindra acquisition of Target Group -Tech Mah unveils new strategy for Network Services biz -Tech Mahindra enters Channel NewsAsia Sustainability Index -Tech Mahindra ranks in all categories in Zinnov Zones for IoT Technology Services -Tech Mahindra launches Virtual Network Function Exchange -Tech Mahindra-Mahindra Comviva launches new Revenue Experience platform for mobile operators -Tech Mahindra launches FEEDS, a Connected Intelligent Solution Transforming Fresh Food Supply Chain 2017 - Tech Mahindra Ltd acquire the CJS Solutions Group LLC, through its subsidiary company at US. - Tech Mahindra Ltd inaugurated a smart centre in Avadi for employment-based skill training programmes in the BFSI (banking, financial services and insurance) sector. -Tech Mahindra announced on that it had set up a state-of-the-art lab that would showcase technologies and their use to improve productivity on factory shop floors. -Tech Mahindra has launched InnovateMK, an incubator that will work with technology startups in Milton Keynes in the UK. - Tech Mahindra Ltd. forming a joint venture with Midad Holdings' unit Al Fozan Group to create a 100-seat delivery centre in Saudi Arabia. 2018 -Mahindra Racing entered into a strategic partnership with Pininfarina and Tech Mahindra under which it will get access to the Italian design firm. -Tech Mahindra entered into a strategic partnership with Silicon Valley-based Balbix for launching an artificial intelligence-powered threat assessment platform to check cyber security breaches. -Tech Mahindra partners US-based LIFARS for digital forensics platform. -Tech Mahindra ties up with Israel Aerospace Industries to provide and develop technical security solutions for utility firms and critical infrastructure. -Tech Mahindra bags Rs 270 cr IT modernisation project from Coal India. 2019 -Tech Mahindra partners Qualcomm Technologies for smart city solutions for smart cities across the globe. -Tech Mahindra signs multi-year pact with AT&T to accelerate the latters IT network application. -Tech Mahindra has bagged a smart city project worth Rs 500 crore from Pimpri Chinchwad Municipal Corporation (PCMC) in Pune. 2020 -Tech Mahindra collaborated with the Niti Aayog's Women Entrepreneurship Platform (WEP) to support women entrepreneurs across the country. 2021 -The Company through its wholly owned subsidiary viz., Tech Mahindra GmbH approved the proposal to acquire 100% equity shares in Beris consulting GmbH("Beris"). 2022 -Tech Mahindra announced that it has approved the proposal to acquire 100% equity shares in Thirdware Solutions. -Tech Mahindra today announced 100% acquisition of Com Tec Co IT (CTC) for 310 million including earnouts and synergy linked payouts. 2023 -Tech Mahindra Acquire of 29% stake in Tech Mahindra Arabia Limited-04th May, 2023. -Tech Mahindra Acquire 100% stake in Orchid Cybertech Services Inc. -Tech Mahindra Acquire 26% stake in Upendra Singh Multi Transmission Private Limited on 21st October, 2022. 2024 -Tech Mahindra received an award for 'Excellence in Health & Safety Initiatives' at BW People HR Excellence Awards 2024. -Tech Mahindra Recognized as one of the `Most Trusted Companies 2024' at The Infotech Forum 2024 by VAR India. -Tech Mahindra Recognized Amongst the Best Tech Brands for 2024.

YEAR EVENTS 2000 - Mahindra-British Telecom, a 60:40 joint venture between the Mahindra group and British Telecom, shareholders approved a proposal to raise funds through an initial public offer and an employee stock option plan. -The Company proposes to raise funds through an initial public offer. - The Company and Silicon Automation Systems Ltd (SASL) has forged a strategic alliance to develop solutions and product markets using the wireless application protocol (WAP). - The Company's IPO is proposed to be of 53,18,633 No. of equity shares with a face value of Rs 2 each, at a price to be determined in accordance with SEBI guidelines for the fully book-built route. 2001 - Mahindra-British Telecom and the US-based Rockwell Electronic Commerce have entered into a 5-year strategic alliance and set-up a offshore software development centre in the city involving total capital cost of $4.5 million. - Software firm Mahindra-British Telecom plans to lay off 300 employees, or about a tenth of its workforce, a company spokesman told Reuters on September 25. 2004 -Gets Intellectual Property Rights (IPR) for the optical planning and design solution that formed part of Marconi's Netscient Software product suite - a trademark brand acquired by Marconi in 2001 -Mahindra British Telecom (MBT), the telecom software joint venture between the Mahindra Group and British Telecommunications Plc (BT) has announced the appointment of Premchand as chairman of TeleManagement Forum's New Generation Operations Systems and Software (NGOSS) Security Team. -Mahindra British Telecom (MBT) has signed a solutions partner agreement with UK-based Cramer, a major player in inventory-powered back office automation for telecom service providers -MBT has joined three International Systems Security Engineering Association (ISSEA) as its corporate member -Mahindra British Telecom (MBT), the IT services provider to the telecom industry, has signed a global partnership agreement with Netegrity , provider of identity and access management solutions 2005 -MBT launches new software for language conversion -Cyclone Commerce join hands with MBT -MBT acquires Axes Tech for $54 mn -MBT, MICO may sign MoU with Mahindra British 2006 -Tech Mahindra's IPO shares will be priced between Rs 315 and Rs 365 a share. The offer will open on August 1 and close on August 4. The company plans to raise up to Rs 465 crore through the issue, which offers 12.75 crore shares for sale. The company had reached critical mass and it had decided that the time was right for the offer. -The initial public offering (IPO) of Tech Mahindra, a joint venture between Mahindra and Mahindra Ltd and British Telecommunications PLC, was subscribed 1.26 times on the first day of the issue. -Motorola joins hand with Tech Mahindra to form CanvasM -Company has changed its name from Mahindra British Telecom Ltd. to Tech Mahindra Ltd. 2007 - Tech Mahindra Ltd has announced their participation in Microsoft's Connected Services Sandbox, a new program that brings together systems integrators (SIs), independent software vendors (ISVs), developers, network equipment providers, and telecommunications service providers in a collaborative environment to develop and test new communications services. - Tech Mahindra Ltd has won a prestigious award for its outstanding contribution, achievements in the telecoms industry and for continued support to the OSS / BSS community. The award was announced by Tolestrategies on April 25, 2007 on as a part of the Billing & OSS World 2007 conference in Chicago. -Tech Mahindra has signed an agreement for acquiring upto 100% equity in iPolicy Networks, India, a wholly owned subsidiary of US based iPolicy. 2008 -Tech Mahindra Ltd has appointed Mr. M Damodaran as an additional Director of the Company in the category of Non Executive Independent Director by Board of Directors of the Company at their meeting held on July 22, 2008. -Tech Mahindra signs five year application support deal with BT Group -Tech Mahindra joins hand with Microsoft -Tech Mahindra wins $700m deal from BT 2009 - Tech Mahindra Ltd has appointed Mr. Ravindra Kulkarni and Mr. B H Wani as Additional Directors of the Company in the category of 'Non Executive Independent Director' by the Board of Directors of the Company on March 30, 2009. - Tech Mahindra has won the bid for Satyam Computer after bidding at Rs 58 per share. Tech Mahindra would pay Rs1,757 crore for a 31 per cent stake in Satyam. Tech Mahindra has secured complete funding to acquire a 51 per cent stake in Satyam. - Etisalat DB, formerly known as Swan Telecom, has decided to outsource implementation of its software applications as well as IT infrastructure to Tech Mahindra as part of a $400-million deal, which is spread over the next 10 years. This is the largest IT services deal that the telecom software vendor has bagged in the domestic market. 2010 -AT&T 2010 Supplier Award for outstanding performance & service to AT& T and its affiliates. -Expands footprint in Latin America. -AT&T acquires 8.07% stake in Tech Mahindra for Rs 160 crore. -"Tech Mahindra Ltd. Honored by AT&T as Outstanding Supplier". -Tech Mahindra is now concentrating more on the business in Middle East and African (MEA) market. -"Bharti Airtel announces strategic partnership to drive world class customer service across Africa". 2011 -"Tech Mahindra Sets Up BPO Operations in Philippines". -Enters billion dollar league. -AT&T 2011 Supplier Award for the 2nd year consecutively. -The research provider international firm, IDC has recently stated that Tech Mahindra - Mahindra Satyam combination may emerge as a major IT success in the Asia-Pacific region, especially for Indian IT service providers and other regional players. 2012 -Tech Mahindr - Merger of Tech Mahindra and Mahindra Satyam Announced. -Tech Mahindra inaugurates its 6th SEZ facility in Noida. -The global player British Telecom has started sale of a part of its over 23 per cent stake in IT major Tech Mahindra in the open market. -Tech Mahindra acquires majority stake in Comviva Technologies. -Tech Mahindra extends partnership with Vodafone Qatar. 2013 -Mahindra Satyam and Tech Mahindra launches the `Young CEO' Program -Tech Mahindra Establishes First European Testing Lab in Sweden -Mahindra Satyam launches Contextual Services Platform for E-Commerce and Banking -Tech Mahindra Launches BSS Platform for New Telcos Entering the Market -Tech Mahindra Announces Strategic Partnership with NIS -Tech Mahindra - Mahindra Satyam merger consummated Announces new brand identity -Tech Mahindra Wins Pegasystems 2013 Partner Excellence Award -Tech Mahindra Signs an Outsourcing Contract for Application Maintenance and Development with Volvo Car Corporation -Tech Mahindra and Bosch Software Innovations announce Global System Integrator Partnership -Tech Mahindra's Global Test Factory Achieves a Double Win at The European Software Testing Awards -Tech Mahindra Launches Hewlett Packard Center of Excellence 2014 -Tech Mahindra Launches NFC Testing Lab -Tech Mahindra and Microsoft Partner to Co-Develop the Spring Release of Microsoft Dynamics CRM -Tech Mahindra Launches Alstom Transport Global Development Center -Tech Mahindra Launches Reference Data Management Solution in North America -Tech Mahindra Opens a Delivery Center in Belgium -Tech Mahindra Wins 2014 Land Transport Excellence Awards for Best ICT Solution Delivery Partner -Tech Mahindra establishes Greater Montr‚al center -Tech Mahindra signs MoU with Wichita State University -Tech Mahindra Wins Business Transformation Award at PegaWORLD 2014 -Tech Mahindra and Bosch Software Innovations to create Internet of Things Ecosystem -Tech Mahindra launches Airbus Group's `HUB' at Electronic city facility, Bengaluru -Tech Mahindra Launches Telematics Platform for the Insurance Industry 2015 -Tech Mahindra Ltd forms a joint venture with Avion Systems -Tech Mah acquires SOFGEN to expand core banking expertise -Tech Mahindra Ltd had new customer service centre in Waterford with Three Ireland. -Tech Mahindra Achieves s openeAutomotive SPICEr Level 3 Certification -Tech Mahindra & IBM Join Hands to Accelerate Global Hybrid Cloud Adoption -Tech Mahindra launches SDN - NFV based Smart City Solutions -Tech Mahindra Ltd has entered into a strategic agreement with China-based company Gao Feng Advisory Company -Tech Mahindra Ltd has been selected by Circle Health to become their chosen technology partner for the next 10 yepower the Citizens of Ontario with Clean Energy -Tech Mahindra has entered into a globalars -PNMsoft collaborates with Tech Mahindra to offer superior customer experiences -Global Companies Join Hands to Em partnership with Real-Time Innovations (RTI) -Tech Mahindra Ltd has signed a contract with Bombardier to develop an aircraft ground support system (AGSS). -Tech Mahindra has entered into collaboration with Transport Systems Catapult (TSC), to develop Intelligent Mobility solutions -Mahindra Group's Saral Rozgar enters International Market for Blue-collar and Entry Level Employment -TechM bags the Forbes Top 100 Middle East - Global Meets Local 2015 Award -The Company has allotted the Bonus Shares in the Ratio of 1:1. -Tech Mahindra has splits its face value from Rs. 10 to Rs. 5 2016 -Tech Mahindra Ltd Acquisition of a UK Company - Tech Mahindra acquires leading Digital Change Agentsr: The BIO Agency -Tech Mahindra Ltd. FCA approves Tech Mahindra acquisition of Target Group -Tech Mah unveils new strategy for Network Services biz -Tech Mahindra enters Channel NewsAsia Sustainability Index -Tech Mahindra ranks in all categories in Zinnov Zones for IoT Technology Services -Tech Mahindra launches Virtual Network Function Exchange -Tech Mahindra-Mahindra Comviva launches new Revenue Experience platform for mobile operators -Tech Mahindra launches FEEDS, a Connected Intelligent Solution Transforming Fresh Food Supply Chain 2017 - Tech Mahindra Ltd acquire the CJS Solutions Group LLC, through its subsidiary company at US. - Tech Mahindra Ltd inaugurated a smart centre in Avadi for employment-based skill training programmes in the BFSI (banking, financial services and insurance) sector. -Tech Mahindra announced on that it had set up a state-of-the-art lab that would showcase technologies and their use to improve productivity on factory shop floors. -Tech Mahindra has launched InnovateMK, an incubator that will work with technology startups in Milton Keynes in the UK. - Tech Mahindra Ltd. forming a joint venture with Midad Holdings' unit Al Fozan Group to create a 100-seat delivery centre in Saudi Arabia. 2018 -Mahindra Racing entered into a strategic partnership with Pininfarina and Tech Mahindra under which it will get access to the Italian design firm. -Tech Mahindra entered into a strategic partnership with Silicon Valley-based Balbix for launching an artificial intelligence-powered threat assessment platform to check cyber security breaches. -Tech Mahindra partners US-based LIFARS for digital forensics platform. -Tech Mahindra ties up with Israel Aerospace Industries to provide and develop technical security solutions for utility firms and critical infrastructure. -Tech Mahindra bags Rs 270 cr IT modernisation project from Coal India. 2019 -Tech Mahindra partners Qualcomm Technologies for smart city solutions for smart cities across the globe. -Tech Mahindra signs multi-year pact with AT&T to accelerate the latters IT network application. -Tech Mahindra has bagged a smart city project worth Rs 500 crore from Pimpri Chinchwad Municipal Corporation (PCMC) in Pune. 2020 -Tech Mahindra collaborated with the Niti Aayog's Women Entrepreneurship Platform (WEP) to support women entrepreneurs across the country. 2021 -The Company through its wholly owned subsidiary viz., Tech Mahindra GmbH approved the proposal to acquire 100% equity shares in Beris consulting GmbH("Beris"). 2022 -Tech Mahindra announced that it has approved the proposal to acquire 100% equity shares in Thirdware Solutions. -Tech Mahindra today announced 100% acquisition of Com Tec Co IT (CTC) for 310 million including earnouts and synergy linked payouts. 2023 -Tech Mahindra Acquire of 29% stake in Tech Mahindra Arabia Limited-04th May, 2023. -Tech Mahindra Acquire 100% stake in Orchid Cybertech Services Inc. -Tech Mahindra Acquire 26% stake in Upendra Singh Multi Transmission Private Limited on 21st October, 2022. 2024 -Tech Mahindra received an award for 'Excellence in Health & Safety Initiatives' at BW People HR Excellence Awards 2024. -Tech Mahindra Recognized as one of the `Most Trusted Companies 2024' at The Infotech Forum 2024 by VAR India. -Tech Mahindra Recognized Amongst the Best Tech Brands for 2024.

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Parent Organisation

Tech Mahindra Ltd.

Founded

24/10/1986

Managing Director

Mr.Mohit Joshi

NSE Symbol

TECHMEQ

FAQ

The current price of Tech Mahindra Ltd is ₹ 1580.30.

The 52-week high for Tech Mahindra Ltd is ₹ 1604.00 and the 52-week low is ₹ 1567.80.

The market capitalization of Tech Mahindra Ltd is currently ₹ 154722.51. This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

To buy Tech Mahindra Ltd shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.

To invest in Tech Mahindra Ltd, you need a brokerage account. After opening an account and completing the KYC process, you can fund your account and use the trading platform to purchase Tech Mahindra Ltd shares.

The CEO of Tech Mahindra Ltd is Mr.Mohit Joshi, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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