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Will Tech Mahindra stock rise or fall post Q1 performance; chart check

Should you buy or sell Tech Mahindra stock post Q1 earnings; here's what the technical chart suggests.

Tech Mahindra
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Tech Mahindra shares declined 2% on Thursday post Q1 results. (Photo: Shutterstock)

Rex Cano Mumbai

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Tech Mahindra stock slipped over 2 per cent in early trade to a low of ₹1,572 on Thursday a day after reporting the June (Q1) quarter results.  The IT firm - Tech Mahindra reported a 33.9 per cent growth in consolidated net profit at ₹1,140.60 crore for Q1FY26 as against ₹851.50 crore reported a year ago. Revenue from operations rose by 2.7 per cent year-on-year (YoY) to ₹13,351.20 crore from ₹13,005.50 crore. However, on a sequential basis (quarter-on-quarter) net profit was down 2.2 per cent, and revenue dipped 0.2 per cent.  On the bourses,