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Tech Mahindra climbs after signing deal with Bombardier Aerospace

Tech Mahindra opened at Rs 2,490, touched a high of Rs 2,522 and a low of Rs 2,479 on the BSE

SI Reporter Mumbai
Tech Mahindra has signed by nearly 2% to 2,503 after the company signed an agreement with Bombardier Aerospace. As part of this engagement, Tech Mahindra will provide engineering solutions to Bombardier.

Tech Mahindra plans to invest significantly in infrastructure and talent in the Montréal region. Tech Mahindra aims to grow its Canada team to 1,200 people in the next five years.

The company has recently announced its plans to create jobs in Canada and aims to develop an eco-system to grow local economy. The company is present in the region since 2005 and has been servicing key clients across North America.
 


Shares of Tech Mahindra opened at Rs 2,490, touched a high of Rs 2,522 and a low of Rs 2,479 on the BSE. A total of 10,888 shares have been exchanged on the BSE so far.

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First Published: Sep 05 2014 | 9:47 AM IST

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