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Tech Mahindra Limited ( (IN:TECHM) ) has shared an announcement.
Tech Mahindra Limited has announced the incorporation of Yabx Technologies Zambia Limited, a step-down subsidiary under Yabx Technologies (Netherlands) B.V., which is a wholly owned subsidiary of Comviva Technologies Limited. This new entity, Yabx Zambia, aims to provide computer programming services in Zambia, aligning with Tech Mahindra’s core business operations. The incorporation signifies Tech Mahindra’s strategic expansion into the Zambian market, potentially enhancing its footprint in the African IT services sector and offering new growth opportunities.
More about Tech Mahindra Limited
Tech Mahindra Limited operates in the Information Technology industry, providing a wide range of IT services and solutions. The company focuses on delivering innovative technology solutions to clients across various sectors, enhancing their operational efficiency and business capabilities.
Average Trading Volume: 101,655
Technical Sentiment Signal: Strong Buy
Current Market Cap: 1546.9B INR
For an in-depth examination of TECHM stock, go to TipRanks’ Overview page.