Tech Mahindra
Tech Mahindra
Shareholder Return: 3-year average, Sales Growth: 3-year Compounded Annual Growth Rate, Return On Equity: 3-year Return on Equity.
At a Glance
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Shareholder Return84%
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Sales Growth57%
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Return on Equity30 %
Why Super 50
Tech Mahindra, the country's fifth-largest IT-services firm, continues to whet its appetite for transformation businesses. The Mahindra Group's IT arm has made two back-to-back acquisitions in the UK in the first quarter of the current fiscal year (2016-17). It first acquired financial services firm Target Group for £112 million, followed by the purchase of digital technology firm The BIO Agency for £40 million. It had also acquired the Italian car design firm Pininfarina in December 2015.
