Tech Mahindra rose 0.62% to Rs 544.55 at 10:38 IST on BSE after the company announced the release of Telco360, a Salesforce Fullforce Solution for Telco and Communications.
Tech Mahindra made the announcement after market hours yesterday, 15 September 2015.
Meanwhile, the S&P BSE Sensex was up 170.51 points or 0.66% at 25,876.44
Shares of IT services provider hit a high of Rs 547.50 and a low of Rs 542 so far during the day. The stock had hit record high of Rs 749.50 on 2 February 2015. The stock had hit 52-week low of Rs 458.70 on 6 July 2015.
On BSE, so far 38,000 shares were traded in the counter as against average daily volume of 2.50 lakh shares in the past two weeks.
With the launch of Salesforce Fullforce Solution, customers will benefit from Tech Mahindra's expertise with Salesforce in Telco and Communications. Salesforce Fullforce Solution solution can provide faster and more predictable deployments for partners, empowering them to connect with their customers in entirely new ways, Tech Mahindra said. Telco-360 provides a rich omni-channel sales and service experience for regional communication companies, the company said. Salesforce Fullforce Solution improves customer order management processes and the customer's service experience which can translate into better business results, more loyal customers and faster time-to-market, it added.
Tech Mahindra's consolidated net profit rose 43.2% to Rs 676 crore on 2.9% growth in revenue to Rs 6294 crore in Q1 June 2015 over Q4 March 2015.
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