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TECHM RESULTS
Sensex falls over 400 points, Nifty below 23,250 amid US-Iran tensions, persistent FII sellingIndian stock markets experienced a significant downturn on Tuesday. Both the Sensex and Nifty indices saw substantial declines. This drop w...- Tech Mahindra Q4 Results: Cons profit rises 16% YoY to Rs 1,354 crore, revenue up 13%; co declares Rs 36/share dividendTech Mahindra Q4 Results: Tech Mahindra reported a 16% year-on-year increase in net profit to Rs 1,354 crore for the March quarter, with re...
- Tech Mahindra declares Rs 36/share final dividend; sets July 3 as record dateTech Mahindra's board has proposed a final dividend of Rs 36 per share for FY26, bringing the total payout to Rs 51. This comes as the IT g...
- 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 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...
- TechM Q3 results: Consolidated profit up 5% YoY to Rs 1,369 cr; revenue rises 19%Revenue for the quarter came in at Rs 11,451 crore, up 18.7 per cent YoY (or up 5.2 per cent sequentially).
- 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...
- Tech Mahindra sees ‘notional’ mark-to-market loss on receivables due to BrexitThe company’s shares were down 5 per cent in Friday afternoon trade, as traders factored in the potential impact of Brexit on the company.
- 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 sees weak revenue in April-June quarter; other IT firms may be in same boatTech Mahindra, India's fifth largest IT services exporter, today warned that a seasonally weak mobility business and visa costs will impact...
- UK based BT Group sells 14% stake in Tech Mahindra for Rs 1395 croreUK-based BT Group is a co-promoter of Tech Mahindra, with the other being Indian business conglomerate Mahindra and Mahindra Group.
- BT Group to exit from Tech Mahindra, directors resignBT Group owns a little over 23% equity in Tech Mahindra and contributes 37% to company's revenue.
- Forex, telecom concerns dim Tech Mahindra's growth scopeTech Mahindra’s scrip has faired poorly not only during the current stock market rally but also over the past one year.
- TechM may gain as top client BT shows signs of faster recoveryTech Mahindra's December 2009 quarterly result was marginally above expectations. Against the anticipation of a sequential fall in sales an...
- IDFC-SSKI maintains ‘Outperformer’ view on Tech MahindraIDFC-SSKI Securities in its result update note has reiterated its ‘Outperformer’ rating on Tech Mahindra (TechM). It expects the stock to t...
- Margins, debt recast to boost Q3 earningsTECH Mahindra’s second quarter performance may appear dismal, but the management is laying the foundation for a long innings.
- TechM board to meet today to finalise resultsThe board of Pune-based IT services company Tech Mahindra will meet in Hyderabad on Monday to finalise the annual results for FY09.
- HSBC initiates `Overweight’ rating on Tech MahindraHSBC initiates `Overweight’ rating on Tech Mahindra at a target price Rs 320. The fact that Tech Mahindra focuses on IT and BPO solutions f...
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