Tech Mahindra is trading higher by 3% at Rs 1,273 after the company said it has signed a Memorandum of Understanding (MoU) with select Indian Universities to impart industry ready skills in IT Infrastructure Management Services (IMS).
The program aims at creating a pool of resources to meet the demand across various facets of the IMS segment, Tech Mahindra said in a press release.
Shares of Tech Mahindra are currently trading at its highest level since October 2007, outperformed the market by surging 27% from its recent low of Rs 1,000 touched on July 3, as compared to 1.1% fall in the benchmark index S&P BSE Sensex. The BSE information technology (IT) index appreciated 25% during the same period.
Meanwhile, the company is schedule to announce its April-June (Q1) quarter earnings next Monday, August 12.
The stock opened at Rs 1,240 and touched high of Rs 1,276. A combined 571,803 shares changed hands on the counter till noon deals on BSE and NSE. The stock hit an all time high of Rs 1,550 on Oct 11, 2007 on BSE.
The program aims at creating a pool of resources to meet the demand across various facets of the IMS segment, Tech Mahindra said in a press release.
Shares of Tech Mahindra are currently trading at its highest level since October 2007, outperformed the market by surging 27% from its recent low of Rs 1,000 touched on July 3, as compared to 1.1% fall in the benchmark index S&P BSE Sensex. The BSE information technology (IT) index appreciated 25% during the same period.
Meanwhile, the company is schedule to announce its April-June (Q1) quarter earnings next Monday, August 12.
The stock opened at Rs 1,240 and touched high of Rs 1,276. A combined 571,803 shares changed hands on the counter till noon deals on BSE and NSE. The stock hit an all time high of Rs 1,550 on Oct 11, 2007 on BSE.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%