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 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...
Sensex rises over 700 points, Nifty tops 24,550 as investors eye Iran-US peace talks. What lies ahead?Indian stock markets traded higher on Tuesday. The Sensex and Nifty saw gains as investors anticipated peace talks between Iran and the US....
Changes at TechM's helm to better performance, but in the long runWith the recent announcement of leadership change, the country's fifth-largest software exporter is expected to focus on improving profitab...
Buy Tech Mahindra, target Rs 920: JM FinancialBuy Tech Mahindra Ltd. at a price target of Rs 920.
Tech Mahindra suspends appraisal cycle for senior employeesTechM made the announcement on Friday in a webinar chaired by its Chief Operating Officer L Ravichandran, three TechM employees told ET.
Tech Mahindra creates automation targetsIn the last 2 months, TechM has created a 200-people strong delivery team and has given all business heads targets for yield improvement.
Satyam case: Tech Mahindra seeks Supreme Court's intervention to quash ED's money laundering chargesTechM warned that the fresh money laundering charges would destroy the company as no one would like to deal with a company that was tainted.
Merger enriches Tech Mahindra while Satyam fades into oblivionMany felt the Mahindras, who acquired Satyam for Rs 2,889 crore in April 2009, got a company of Satyam's size dirt cheap just because of th...
Tech Mahindra sets up growth factories to push innovative technologiesWith a committed investment of $150 million, TechM will accelerate its transition to create “an explosion of connected IT solutions” in the...
- Tech Mahindra margin pressure to continue till June quarter
Tech Mahindra delivered a better-than-expected performance in the March 2010 quarter backed by improved business from telecom equipment mak...
- TechM may gain as top client BT shows signs of faster recovery
Tech Mahindra's December 2009 quarterly result was marginally above expectations. Against the anticipation of a sequential fall in sales an...
- KIM ENG recommends 'Buy' on Tech Mahindra
KIM ENG Securities has initiated coverage on Tech Mahindra with a ‘Buy’ recommendation. It has set a target price of Rs 1213 on the stock.
- IDFC-SSKI maintains ‘Outperformer’ view on Tech Mahindra
IDFC-SSKI Securities in its result update note has reiterated its ‘Outperformer’ rating on Tech Mahindra (TechM). It expects the stock to t...
- Tech Mahindra to acquire 17% stake in Servista
Tech Mahindra (TechM), an IT services provider for telecom, signed an agreement on Thursday to acquire 17% equity stake in Servista, a priv...