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TECHM MARGINS
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...
- 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....
- 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 ...
- Leadership change may help Tech Mahindra in long term but short-term pain remainsThe company on March 11 announced that Mohit Joshi will be appointed as the MD and CEO with effect from December 20 after the retirement of...
- 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...
- 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 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...
- Tech Mahindra's EBIT margin will be over 14% for FY23: CP Gurnani"We do not give a headcount target because that is a forward view and guidance, so we will stay away from it but as we had articulated that...
- At record high, Tech Mahindra is still inexpensive! But not many analysts are excited about itAnalysts who see no upside in Tech Mahindra believe operating challenges may offset gains from a strong business environment going ahead. O...
- 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's Q3 revenue rise 0.4%, sets digital target at 15%Revenue for the quarter ended December rose 0.4 per cent to $1,015 million. In constant currency, revenue rose 1.2 per cent.
- Pininfarina acquisition: Italian buy may hurt Tech Mahindra margins; ride ahead smoothAnalysts, though, see potential in the acquisition even as Tech Mahindra’s stock closed down 4% on the BSE on Tuesday, the day after the de...
- 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...
- 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.
- 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...
- Tech Mahindra to acquire US network services provider Lightbridge Communications for $240 millionThe acquisition wil take Tech Mahindra's total workforce to 1 lakh. The transaction is expected to close by Q4 of Tech Mahindra’s 2015 fisc...
- Tech Mahindra margin pressure to continue till June quarterTech 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 recoveryTech Mahindra's December 2009 quarterly result was marginally above expectations. Against the anticipation of a sequential fall in sales an...
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