Tech Mahindra shares reach 52-week high after 103 acre land sale: details

Shares of Tech Mahindra soared up to 2.48 per cent, hitting its 52-week high at Rs 1,634.25 per share on the BSE in Tuesday’s intraday deals.

At its meeting on August 20, 2024, the Board of Directors of the company approved the sale of approximately 103 acres of land and buildings with a built-up area of around 1,261,149 square feet located in Bahadurpally village in Medchal-Malkajgiri district of Telangana, to Mahindra University.