Shares of Tech Mahindra were up nearly 3% at Rs 2,098 after the company forged a strategic alliance with Finland-based Comptel and opened a Centre of Excellence at Pune to support communications service providers with their compled OSS/BSS transformation projects.
The CoE is focussed on developing and enabling CSPs with fulfillment solutions that support their service innovation and delivery objectives, the company said in a release.
"The CoE is an ideal platform for showcasing how Comptel's robust suite of fulfillment solutions, combined with our delivery expertise, can accelerate CSPs' IT and business transformations. We are committed to building and maintaining this relationship for the long run." the release said quoting Murali Madhavan, OSS Head, Tech Mahindra.
The stock opended at Rs 2,050 and touched a high of Rs 2,102 so far. Over 700,000 shares were traded on both the stock exchanges so far.
