The Tech Mahindra Limited is a large cap company belonging to Nifty 50 group. For this reason, Tech Mahindra share price influences the benchmark index.
Tech Mahindra Share Price Graph
Tech Mahindra was incorporated in 1986 by the Mahindra Group. It runs business globally by providing the business solution in Information Technology (IT) and telecommunication service solutions.
Tech Mahindra, in partnership with British Telecommunications plc., provides telecom solutions across the world. It is a leader in its sector. It is a top company providing global business integration solutions and global business transformation consultancy. A recent takeover of Mahindra Satyam (earlier Satyam Computer Services) has expanded its business horizon by far and made it a leader in its sector.
Tech Mahindra has acquired many certificates for corporate governance and functioning. They are as follows.
- ISO 9001 : 2000
- ISO/ IEC 20000 – 1 : 2005
- ISO/ IEC 27000 : 2005
- SEI / CMMI Level 5 P – CMM Level 5
- SSE/ CMM Level 3
Tech Mahindra earns revenue from diversified business. They are as follows.
- Research and Development Services
- IT services
- Business Process Outsourcing (BPO) Services
Tech Mahindra has accomplished 16 Greenfield Operations at international level. It has 128 existing active corporate customers in telecom and other sectors.
Tech Mahindra being a telecom solution provider has acquired an envious customer base which includes global telecom giants. British Telecommunications (BT) is the biggest customer responsible for 60% of Tech Mahindra’s revenue in this sector. Besides BT, Motorola, AT&T, Alcatel-Lucente are other names who are their customers.
Tech Mahindra has been a leader and one of the top global companies. It has been awarded many awards for excellence in its sector and awards for CSR.
Company Financials – Tech Mahindra share price is Rs 381.35 (as on 30.06.17, EOD) in BSE. As per latest data, the standalone basis P/E is 12.45 versus average industry P/E of 17.44, EPS is Rs 31.24. Market cap is Rs 37,930 crores. The face value of a share is Rs 5.
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