Tech Mahindra inaugurates innovation centre in Finland to drive digitisation with customers

On Thursday, the shares of Tech Mahindra closed at Rs 1292.85, up by 1.46% from its previous closing of Rs 1274.20 on the BSE.

Tech Mahindra has inaugurated a local innovation centre in Espoo, Finland. This expansion comes after a sustained period of growth in the region and signifies Tech Mahindra’s commitment to further its journey in Finland, and the Nordic region. The new centre will accommodate a diverse workforce – increasing the in-country headcount ranging from experienced business leaders to fresh talent, in collaboration with the local ecosystem.

Located in Espoo, the second largest city in Finland, and a part of the greater Helsinki metropolitan area, the new centre situates Tech Mahindra at the heart of one of the major business hotspots and innovation hubs in the Nordics. From this strategic location, Tech Mahindra will continue to provide digital business transformation services and solutions to customers.

Tech Mahindra Ltd provides a comprehensive variety of IT services to a diverse base of corporate customers across a wide range of industries, including IT-enabled services, application development and maintenance, consulting, and enterprise business solutions, among others. Infrastructure and cloud services, engineering services, application services, data analytics, network services, testing services, performance engineering, security and risk management services, business process services, product engineering, consulting, and other services are available from the company.

Today, the stock opened at Rs 1265.05 and touched a high and low of Rs 1295.85 and Rs 1265.05 respectively.

The BSE group ‘A’ stock of face value of Rs 5 has touched a 52-week high and low of Rs 1308.75 and Rs 982.95, respectively. Last one week high and low of the scrip stood at Rs 1308.75 and Rs 1265.05, respectively. The current market cap of the company is Rs 1,26,055.12 crore.

The promoters holding in the company stood at 35.16%, while Institutions and Non-Institutions held 52.72% and 12.13% respectively.

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