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TECHM Q2
Market Wrap: Sensex drops 516 points, Nifty closes below 24,200 amid fresh Iran-US escalations, smallcaps outperformIndian stock markets experienced a second consecutive day of losses, with the Sensex and Nifty 50 falling over 0.6% each due to escalating ...- Sensex drops 516 points, Nifty closes below 24,200 amid fresh Iran-US escalations, smallcaps outperformIndian stock markets extended losses for a second day, with the Sensex and Nifty 50 dropping over 0.6% each due to escalating Iran-US tensi...
- Tech Mahindra Q2 net profit falls 4.5% to 1,195 crore on higher staff costsTechM posted a net profit of Rs 1,195 crore for the three-month period ended September 30. Its year-earlier results included gains from lan...
- Tech Mahindra announces Rs 15 per share interim dividend, sets October 21 as record dateTier-1 IT services company Tech Mahindra on Tuesday company declared an interim dividend of Rs 15 per equity shares for the financial year ...
- Tech Mahindra Q2 Results: Cons PAT falls 4.4% YoY to Rs 1,194 crore, revenue rises 5%Tech Mahindra on Tuesday reported a 4.4% YoY fall in its Q2 net profit at Rs 1,194 crore versus Rs 1,250 crore in the year ago period. The ...
- Reduce Tech Mahindra, target price Rs 1,250: ICICI SecuritiesICICI Securities maintains a Reduce call on Tech Mahindra, setting a target price of Rs 1250 against the current market price of Rs 1440.9....
- Tech Mahindra’s fourth quarter net profit soars 76% to Rs 1,167 croreRevenue at Rs 13,384 crore grew 4% from a year earlier, but only 0.7% from the third quarter, hurt by weakness in North America, the larges...
- Tech Mahindra Q3 results preview: PAT could jump by up to 102% YoY amid healthy uptick in marginsTech Mahindra's Q3FY25 revenue is projected to increase by 0.7% to 2.6% YoY, with adjusted net profit potentially rising by 42% to 102%. An...
- Tech Mahindra Q1 profit up 23% to Rs 851 crore, revenue downIT services company Tech Mahindra on Thursday reported 23% year-on-year (YoY) growth in its consolidated net profit at Rs 851 crore in the ...
- Rs 43,000 crore-reshuffle! Mutual funds sell 3 bank stocks to pick 5 largecapsMutual funds in India sold stakes in the country's 3 largest private banks in April, with ICICI Securities estimating that they sold over I...
- Attractive valuations! Tech Mahindra can rally of 10%: Kotak EquitiesNonetheless, the commentary of little tolerance for underperformance has enthused investors, expecting an improvement in the company’s fort...
- Tech Mahindra shares jump 13% in 2 daysIn constant currency terms, sales grew 0.2% sequentially and were largely on expected lines. Operating profit, calculated as earnings befor...
- Tech Mahindra Share cracks 4% after Q3 results. Should you buy, sell or hold?In constant currency terms, sales grew 0.2% sequentially and were largely on expected lines. Operating profit, calculated as earnings befor...
- Painful or rewarding: How would Tech Mahindra's push on acquisitions turn out?Tech Mahindra (TechM) has used acquisitions to gain or bolster capabilities, enter or strengthen presence in a geography, and get access to...
- Tech Mahindra Q2 results: Net profit jumps 26% YoY to Rs 1,339 crRevenue for the quarter jumped 16.1 per cent YoY (up 6.7 per cent QoQ) to Rs 10,881.30 crore compared with Rs 9,371,80 crore in the year-ag...
- TechM Q2 preview: Profit may jump over 20% YoY; TCV seen at $750 millionOn a sequential basis, while sales may rise 4 per cent, profit may see a degrowth and margins may fall, analysts said.
- Hold Tech Mahindra, target Rs 635: Reliance SecuritiesTech Mahindra is a largecap company, operating in information technology sector.
- Buy Tech Mahindra, target Rs 850: Reliance SecuritiesTech Mahindra is a largecap company, operating in information technology sector.
- TechM down 4% post Q3 numbers; brokerages upbeatA slowdown in the communication vertical and margin compression due to acquisitions did impact TechM's Q3FY16 earnings, pointed out Edelwei...
- Tech Mahindra Q2 revenue at $1.01 billion beats expectationsTech Mahindra reported a marginally better-than-expected quarterly revenue and crossed the $1 billion a quarter topline mark, shrugging off...
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