Budget 2020-21 is a promising budget - Mr. CP Gurnani, Tech Mahindra

CP Gurnani, MD & CEO, Tech Mahindra, said, "With a thrust on talent, technology and entrepreneurship, Budget 2020-21 is a promising budget in support of making India's $5 trillion economy dream come true. It is heartening to see initiatives that are aimed at enhancing digital penetration in the country by making Fibre to the home (FTTH) accessible to 100,000 Gram Panchayats via Bharat Net, which will go a long way in bridging the digital divide. Also, the decision to build data centre parks for the private sector is another step towards making India a data economy superpower. Furthermore, strategic initiatives aimed at leveraging new-age technologies like the Internet-of-Things, machine learning, robotics, bioinformatics, quantum computing and artificial intelligence across sectors will further help in laying the foundation of a robust, digital economy."

Shares of TECH MAHINDRA LTD. was last trading in BSE at Rs.807.5 as compared to the previous close of Rs. 795.4. The total number of shares traded during the day was 151440 in over 4784 trades.

The stock hit an intraday high of Rs. 812 and intraday low of 766.95. The net turnover during the day was Rs. 120500947.

Source : Equity Bulls

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