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Tech Mahindra Ltd

NSE: TECHM · BSE: 532755 · Software & Services · 34 announcements

Share price
₹1,495.00
Market cap
₹1,46,534 Cr
Revenue (annual)
₹56,815 Cr
Net profit (annual)
₹4,811 Cr
P/E (TTM)
28.5×Sector 21.8×
Promoter holding
34.97%+0.00% QoQ
FII holding
18.66%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

21:03 IST NSE
Acquisition

Tech Mahindra Acquisition Worth ₹194.3 Cr

Tech Mahindra's subsidiary is acquiring an 85% stake in Alluri Technologies Inc. ('Avant') for ₹194.32 Crore. Avant specializes in payments modernization and BFSI services across North America. The acquisition, expected to conclude by July 2026, will significantly enhance Tech Mahindra's service capabilities and industry expertise within the BFSI vertical.

Value
₹194.3 Cr
21:00 IST BSE
Acquisition

Tech Mahindra Acquisition Worth ₹193.2 Cr

Tech Mahindra is acquiring 100% of Canada-based Alluri Technologies Inc. ('Avant') in tranches. The initial 85% stake is being acquired for CAD 28 million (₹193.2 Crore) to strengthen its BFSI vertical capabilities. Avant specializes in payments modernization and wealth platforms, reporting a turnover of ₹406.96 Crore in CY25.

Value
₹193.2 Cr
Execution
First closing (85%) by 31st July 2026; balance 15% by 30th June 2029