Tech Mahindra, a specialist provider of connected solutions, gained on Wednesday after launching global development center with Alstom Transport on the occasion of signing a 3 year partnership agreement with Alstom.

The relationship comes on the context of growing need for mature regional partners capable of providing efficient vertical integration capabilities from engineering to manufacturing on rolling stock interior field.

Shares of the company are trading at Rs 1,799.10, up Rs 18, or 1.01% at the Bombay Stock Exchange (BSE) on Wednesday at 1:06 p.m.

The scrip has touched an intra-day high of Rs 1,807.90 and low of Rs 1,777. The total volume of shares traded at the BSE is 33,849.

In the earlier session, the shares lost 1.02%, or Rs 18.35, at Rs 1,781.10. Currently, the stock is trading down 7.09% from its 52-week high of Rs 1,936.35 and above 100.96% over the 52-week low of Rs 895.25.