Tech Mahindra gains on partnering with Pyze

Tech Mahindra is currently trading at Rs. 1719.00, up by 15.75 points or 0.92% from its previous closing of Rs. 1703.25 on the BSE.

The scrip opened at Rs. 1717.00 and has touched a high and low of Rs. 1725.00 and Rs. 1688.15 respectively. So far 79692 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 5 has touched a 52 week high of Rs. 1837.75 on 30-Dec-2021 and a 52 week low of Rs. 915.05 on 26-Feb-2021.

Last one week high and low of the scrip stood at Rs. 1817.75 and Rs. 1688.15 respectively. The current market cap of the company is Rs. 166897.80 crore.

The promoters holding in the company stood at 35.70%, while Institutions and Non-Institutions held 52.62% and 11.68% respectively.

Tech Mahindra has partnered with Pyze, a leader in Low-Code Process and Business Value analytics, to provide cutting-edge enterprise modernization solutions. The partnership is aimed at accelerating digital transformation and application modernization using low code and legacy process optimization.

Through this partnership, low-code developers, IT teams, and business teams will be able to reduce process inefficiencies faster. It will further enable organizations to improve user productivity and adoption, and maximize ROI of process transformation and application modernization projects. Tech Mahindra and Pyze will work towards implementing data-driven improvement approach which will analyze process workflows based on origin and termination points. It will map and segment case workflows to identify bottlenecks & flag automation opportunities, workflow design improvements, UX and employee training needs.

Tech Mahindra represents the connected world, offering innovative and customer-centric information technology experiences, enabling Enterprises, Associates and the Society to Rise.