LIVE
NIFTY 5022,453.30+0.98%SENSEX74,235.62+1.24%BANK NIFTY48,892.15+1.45%NIFTY IT35,124.80-0.52%NIFTY MIDCAP52,487.25+0.87%NIFTY 5022,453.30+0.98%SENSEX74,235.62+1.24%BANK NIFTY48,892.15+1.45%NIFTY IT35,124.80-0.52%NIFTY MIDCAP52,487.25+0.87%

Tech Mahindra & ServiceNow Expand AI Partnership

By ThePip DeskTech Mahindra & ServiceNow Expand AI Partnership

Tech Mahindra’s stock sees a slight increase following an expanded AI partnership with ServiceNow, aiming to accelerate enterprise AI deployments from pilot to production.

Tech Mahindra shares advanced 0.44% on the BSE, trading at Rs. 1599.00, following the expansion of its multi-year partnership with ServiceNow. The collaboration aims to accelerate how enterprises transition from AI pilots to production-scale deployments.

Market Performance Snapshot

  • Tech Mahindra closed at Rs. 1592.00 previously, opening at Rs. 1607.85.
  • The stock hit an intraday high of Rs. 1607.85 and a low of Rs. 1588.15.
  • A total of 9673 shares were traded on the counter, with the company’s market capitalization standing at Rs. 1,56,715.56 crore.

The company’s stock, with a face value of Rs. 5, reached a 52-week high of Rs. 1850.00 on February 3, 2026, and a 52-week low of Rs. 1304.25 on March 9, 2026. Over the last week, the scrip traded between a high of Rs. 1,636.65 and a low of Rs. 1575.85.

Strategic AI Deployment Partnership

The expanded partnership combines Tech Mahindra’s global industry, engineering, transformation, and implementation expertise with the ServiceNow AI Platform. This synergy is designed to deliver significant customer benefits by streamlining AI adoption.

  • Customers can expect faster time-to-value, leveraging playbooks validated through Tech Mahindra’s own ServiceNow deployment.
  • The collaboration will yield industry-specific solutions built upon the robust ServiceNow AI Platform.
  • Enterprises will gain the ability to move beyond fragmented AI pilots towards outcome-led AI programs efficiently.

Tech Mahindra and ServiceNow will collaborate closely with clients to develop comprehensive transformation roadmaps, enhance platform adoption, integrate robust governance frameworks, and meticulously measure business outcomes across their client base. Tech Mahindra provides technology consulting and digital solutions to global enterprises, driving transformative scale.

Ownership Structure

The promoter holding in Tech Mahindra stands at 34.97%. Institutions hold a significant 55.74% stake, while Non-Institutions account for the remaining 9.30%.

Home/business/Article