Tech Mahindra

India is ready to scale up to a USD 750 billion IT industry, driven by artificial intelligence (AI), innovation and companies that deeply understand customer needs, CP Gurnani, former CEO of Tech Mahindra, said on Wednesday. According to the NITI Aayog, the Indian technology services industry is estimated to grow from USD 265 billion this year to USD 750-850 billion by 2035. After stepping down in December 2023, Gurnani founded AIONOS with the vision of building a next-generation services company powered by AI and platform-based models. He believes India's IT industry can grow from USD 275-300 billion at present to USD 750 billion by 2035 but only through innovation, deep customer understanding, and outcome-driven business models. "India is ready for scale up. India is ready for USD 750 billion IT industry. Clearly, the answer lies in innovation. The answer lies in understanding what the customer wants," he said at the India AI Impact Summit 2026. He emphasised that the future of

Analysts at Geojit Investments and Choice Broking are bullish on Tech Mahindra stock, and view the current fall as a correction rather than trend reversal.

Improved policy optics could encourage US enterprises to advance discretionary tech spending and GCC expansion, even though immediate revenue or margin acceleration for IT firms is unlikely.

Indian IT major Tech Mahindra on Monday made it to a list of organisations leading the real-world AI adoption, alongside global giants like AMD, Siemens and PepsiCo. Produced by the World Economic Forum in collaboration with Accenture, the report on MINDS (Meaningful, Intelligent, Novel Deployable Solutions) organisations listed 20 pioneers driving high-impact AI solutions in disease detection, energy optimization, supply-chain resilience and more. It analysed hundreds of cases in more than 30 countries and over 20 industries (including healthcare, energy and infrastructure). An independent Impact Council of leading executives and experts identified clear common patterns among the most promising cases. These included embedding AI into strategic decision-making, redesigning work to strengthen human-AI collaboration, strengthening data foundations, modernizing technology platforms and supporting all of this with responsible governance. Releasing the report during its annual meeting .

TechM's new deal wins for the quarter came in at $1.1 billion, up 47 per cent from $745 million last year. On a sequential basis, TCV was up 34 per cent.

As AI agents begin working alongside humans, IT services firms are rethinking time-and-material contracts, experimenting with outcome-based and hybrid pricing models

Revenue for the quarter grew 8.3 per cent to Rs 14,393 crore. On a quarter-on-quarter basis, revenue was up 2.8 per cent

The company's revenue from operations grew 8.34 per cent year-on-year (Y-o-Y) to ₹14,393 crore from ₹13,285 crore in Q3FY25

Sensex today | Stock Market Close Highlights, Friday, January 16: On BSE, Infosys, Tech Mahindra and HCLTech were top gainers, while Eternal, Asian Paints and Maruti were top losers.

Q3FY26 company results: Firms including Tata Technologies, L&T Finance, JSW Infrastructure, Jindal Saw, and Bajaj Healthcare are also to release their October-December earnings reports today

Tech Mahindra Q3 results preview: The company's revenue for the quarter under review is expected to rise 7 per cent in Q3FY26, on average, to ₹14,196 crore as compared to ₹13,286 crore a year ago.

After a modest recovery in Q2 on low expectations, Motilal Oswal expects December quarter (Q3) to revert to typical seasonal softness, with furloughs weighing on growth across large IT services firms.

Motilal Oswal said the Nifty is trading at a 12-month forward P/E of 21.2x, near its long-period average of 20.8x, suggesting valuations are reasonable.

Stocks to watch today: Traders will keep an eye on share prices of Coforge, Tech Mahindra, Lenskart Solutions, Sigachi Industries, Timex Group, Ola Electric, Ceigall India, Llyods on Monday

Its top ideas to play the next AI wave are HCLTech and Tech Mahindra in largecaps and Hexaware and Coforge in the midcap space

Antique Stock Broking has maintained a hold rating, given that a sustained improvement in large-deal wins is key to delivering FY27 growth acceleration

Analysts attributed the up move to a pullback rally after sharp declines in past sessions. The index is currently 22.72% below its 52-week high of 46,088.90 and is down about 14.8% so far this year.

Technical charts suggest that the IT index may gain another 5%, with heavyweights Infosys, TCS and HCL Technologies possibly rallying up to 17%. Wipro and Tech Mahindra, however, may see tepid trends.

Nuvama noted that IT services companies outperformed expectations in Q2, supported by stronger growth, margin expansion, and healthy deal wins

IT services firm Tech Mahindra on Tuesday said it has entered into a licensing agreement with AT&T to offer telecom operators a highly automated solution for conducting network health checks and connectivity tests, ensuring more robust and reliable networks. As part of the deal, Tech Mahindra will use AT&T's Automated Network Testing (ANT) and Open Tool platforms to transform network testing and certification for LTE and 5G networks globally, the company said in a statement. "Tech Mahindra today announced a licensing agreement with AT&T for its proprietary ANT and Open Tool platforms. These applications deliver an advanced platform designed to transform network testing and certification across Long Term Evolution (LTE), 5G Non-Standalone (NSA), and 5G Standalone (SA) domains, it said. The ANT platform features a user-friendly interface and an automated backend, integrating multiple industry traffic generation tools for streamlined test execution and validation. The Open ..