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TECH MAHINDRA SLUMP
Why did market rise today? Sensex surges 965 points; Nifty ends above 24,300. 4 reasons why D-Street defied global routIndian stock markets saw gains on Friday, with Sensex and Nifty trading higher. IT stocks led the gains, while broader markets experienced ...- Infosys, TCS and other IT stocks jump up to 5% on dip buying. Is the worst over?IT stocks rebounded sharply on Thursday, with the Nifty IT index surging nearly 4% after a four-session slide that pushed it to a 52-week l...
- Rs 19 lakh crore shocker! TCS, Infosys & 2 IT giants crash 50% from peak: Is the absolute worst yet to come?India's top IT firms, including TCS and Infosys, have seen their market value plummet by at least 50% from peak levels, erasing nearly Rs 1...
- Nifty IT hits fresh 52-week low as Infosys, TCS, Wipro & others tumble up to 3%. What's spooking investors?The Nifty IT index fell more than 2% to a fresh 52-week low on Tuesday as persistent inflation concerns and uncertainty over the US Federal...
- IT nightmare on loop, Accenture's 20% fall highlights AI disruptionIndian tech stocks experienced a sharp decline Friday, mirroring a significant drop in global IT giant Accenture due to weaker-than-expecte...
- Another AI aftershock sends Indian IT stocks for a tumbleIndian IT shares extended their seventh straight session of losses as Anthropic's new AI model intensified investor fears of revenue disrup...
- TechM wants to be a 'credible challenger' in key sectors: CEO Mohit JoshiTech Mahindra's new CEO Mohit Joshi aims to turnaround the company by focusing on key sectors like BFSI, telecom, and manufacturing. He pla...
- Goldman cuts ratings on TCS, Infosys and Tech MahindraIT stocks slumped on Wednesday with the NSE IT index dropping 3.36% to 28,137.60. The benchmark Nifty fell 0.4% but managed to close above ...
- Tech Mahindra sells stake in Terra Payment ServicesTech Mahindra said the deal also included a bonus payout of up to $13.8 million.
- Share market update: IT shares dip; Tech Mahindra slumps 3%Benchmark NSE Nifty50 index was up 78.85 points at 10,225.65 while BSE Sensex was up 276.67 points at 34,123.90.
- Share market update: 185 stocks buck the bullish mood of market, hit 52-week lowsA tepid slump in the global crude oil prices also influenced the sentiment.
- TCS profit warning jolts tech counter; top 5 firms lose Rs 34,000 cr in m-capPanic selling occurred after TCS said there could be loss of momentum, as many clients were holding back on discretionary spending in BFSI ...
- TCS plunges 6% on profit warning; stocks of other IT biggies too come under pressureThe stock slumped 6.53 per cent to hit a low of Rs 2,287 on BSE on Thursday morning. The stock was the worst performer in the Sensex pack i...
- 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...
- HCL Tech, Tech Mahindra shares fall on turning ex-bonusShares of HCL Technologies and Tech Mahindra today came under selling pressure as both counters turned ex-bonus today.
- Tech Mahindra shares down 1 per cent post earningsShares of IT services firm Tech Mahindra today fell by 1 per cent after he company reported an 8.1 per cent decline in June quarter net pro...
- Four factors that have affected Tech Mahindra's performanceTech Mahindra's revenue in the rupee terms grew at a faster clip in the June and Sept 2012 quarters but mainly due to favourable rupee-doll...
- Tech Mahindra show slips on telecom, pound woesTech Mahindra's first-quarter performance fell short of expectations as business from telecom sector clients wasn't robust enough.
- AT&T sells entire TechM stake for Rs 600 crore profitAT&T has sold its entire 8.07% stake in software services provider Tech Mahindra a month after acquiring it from the promoters.
- Tough task ahead for Tech Mahindra post Satyam buyoutThe factors that could make this integration a complex task is Tech Mahindra's lack of experience in most of Satyam's biz. Mynampati likely...
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