RPT-UPDATE 2-India's Tech Mahindra ends 52pct up on market debut

Newswire

(Repeats story issued late on Monday) (Adds analyst's comment, valuations, closing share price) By Janaki Krishnan MUMBAI, Aug 28 (Reuters) - Shares in Indian telecoms software services firm Tech Mahindra Ltd. closed up 51.5 percent on their first day of trade, surprising analysts and helping the market to end near a three-month peak. The company, a venture between Indian tractor maker Mahindra & Mahindra Ltd. and Britain's BT Group Plc , raised 4.65 billion rupees ($100 million) ...

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