Tech Mahindra gained after the company announced a global alliance with Box as a premier member of the Box Services Partner Program.
This alliance enables enterprise customer to leverage Box's cloud based content collaboration solution as part of Tech Mahindra's Digital Enterprise Platform (DEP) for handling document centric processes.
"We are on the verge of global transformation. We need a major platform like DEP to build tomorrow's digital enterprise. The alliance with Box is a step towards Tech Mahindra's vision of building future proof and future ready digital enterprise solutions," said Ashim Guha, vice president consulting & enterprise solutions, Tech Mahindra.
Shares of the company gained Rs 27, or 1.48%, to trade at Rs 1,846.70. The total volume of shares traded was 82,469 at the BSE (3.20 p.m,Monday).
The scrip has touched an intra-day high of Rs 1,848.90 and low of Rs 1,812.70. The total volume of shares traded at the BSE is 82,469.
In the earlier session, the shares gained 0.62%, or Rs 11.15, at Rs 1,819.70.
Currently, the stock is trading down 4.63% from its 52-week high of Rs 1,936.35 and above 106.28% over the 52-week low of Rs 895.25.