Tech Mahindra surges on partnering with Atento

02 May 2024 Evaluate

Tech Mahindra is currently trading at Rs. 1268.05, up by 6.10 points or 0.48% from its previous closing of Rs. 1261.95 on the BSE.

The scrip opened at Rs. 1264.55 and has touched a high and low of Rs. 1274.00 and Rs. 1254.00 respectively. So far 30740 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1416.00 on 23-Jan-2024 and a 52 week low of Rs. 1021.50 on 02-May-2023.

Last one week high and low of the scrip stood at Rs. 1344.95 and Rs. 1172.55 respectively. The current market cap of the company is Rs. 123575.19 crore.

The promoters holding in the company stood at 35.09% while Institutions and Non-Institutions held 53.74% and 11.17% respectively.

Tech Mahindra has entered into a strategic partnership with Atento, a leading customer relationship management (CRM) and business transformation outsourcing (BTO) company in Latin America. The partnership will deliver end-to-end business transformation solutions and services that leverage Generative AI-powered technologies, as well as customer experience (CX) consulting for customers in the United States, Europe, the Middle East, and Africa and Latin American regions.

By combining Atento’s leadership in nearshore CX capabilities in Latin America and Tech Mahindra’s global footprint and range of services, the partnership will provide a comprehensive suite of business process outsourcing (BPO) solutions and services in more than 50 languages. These solutions will empower enterprises with enhanced operational efficiency, scalability, and agility to provide superior digital CX.

The BPO solutions and services will be channeled through the creation and implementation of an operating system (OS) and an operating model (OM). These operation capabilities will leverage emerging technologies such as GenAI, automation, analytics, process mining, virtual assistants, and conversational AI to drive business growth and improve customer satisfaction.

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


Tech Mahindra Share Price

1685.20 -69.70 (-3.97%)
20-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
TCS 4168.05
Infosys 1922.05
HCL Tech. 1911.20
Wipro 305.15
Tech Mahindra 1685.20
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