Tech Mahindra Ltd News

Nifty IT index soars 3%; LTM, Coforge, TCS, TechM gain up to 5%; here's why

IT stocks rallied on Friday after Nvidia's strong revenue forecast reinforced optimism around the artificial intelligence (AI) boom.

As AI changes pricing, IT firms see uptick in outcome-based deals

AI is pushing Indian IT companies towards outcome-based pricing, with newer deals increasingly linking payments to measurable business results

IT sector Q1FY27 review: Tier-2 firms lead revenue growth amid soft demand

IT Q1FY27 review: As per MOFSL, revenue growth in Q1 was led by Tier-2 pack IT services companies. Tier-1 players grew 0.4 per cent Q-o-Q CC, while Tier-2 players outperformed with 1.8 per cent growth

Nifty IT index slips nearly 2% for second straight day; here's why

In the past one week, Nifty IT index has corrected 4.8 per cent, compared to 1.2 per cent decline in the Nifty 50.

Big orders mask small deal squeeze at Indian IT services companies

Large contracts are supporting deal values at Indian IT firms, but weaker discretionary spending and AI-led pricing pressure are squeezing the flow of smaller projects

H-1B costs soar, prompting Indian IT companies to rethink US hiring

Indian firms cut fresh visa registrations as extensions, transfers, and local hiring gain ground

Tech Mahindra, I-HUB QTF tie up to develop trapped-ion quantum middleware

The partners will develop middleware for an indigenous 20-qubit trapped-ion quantum computer, with the project expected to be completed by December 2026 in India

Nifty IT index snaps 3-day losing streak, jumps 2% led by TCS, HCL Tech

IT stocks in demand: Tata Consultancy Services (TCS), Tech Mahindra, LTM, HCL Technologies and Mphasis gain 3 per cent each in intra-day deals on Friday.

Nifty IT slips 4%; Persistent, Mphasis plunge 5%; why are tech stocks down?

Technology stocks witnessed some profit-taking on Friday following a 19% rally in the Nifty IT index this July.

Coforge soars 7%, Nifty IT index jumps 3%; what's driving the rally?

Thus far in the month of July, the Nifty IT index rallied 15 per cent, as compared to 0.6 per cent rise in the Nifty 50.

TCS, Infosys, HCL Tech, Tech Mah: Which IT stock is worth your portfolio?

Laxmikant Shukla, technical analyst at YES Securities maintains a constructive view on HCL Tech, Tech Mahindra and TCS, and predicts up to 14 per cent upside for these stocks.

ONGC, Tech Mahindra: Top stock picks by Kotak Securities; here's why

Shrikant Chouhan, head of equity research at Kotak Securities, explains why the brokerage has assigned Buy ratings to ONGC and Tech Mahindra

Nifty IT index up 12% in July; HCL Tech, TechM gain 20% from 52-week lows

However, despite recovery from lows, the Nifty IT index underperformed the market by falling 22 per cent, as against a 7.2 per cent decline in the Nifty 50 thus far in CY2026.

TechM jumps 3%, turns top Sensex gainer after Q1 beat: More upside ahead?

Brokerages said that TechM's Q1 revenue and margins exceeded estimates, and strong deal TCV provides strong revenue visibility.

Tech Mahindra posts 28.4% rise in Q1 FY27 profit, misses estimates

Revenue from operations increased 17.7 per cent to ₹15,711.9 crore, while EBIT rose 53.3 per cent and new deal wins reached $1.08 billion

IT shares in focus: Nifty IT up 2% ahead of Wipro, Tech Mahindra Q1 results

Gains in IT index were led by large-cap IT stocks, with HCLTech, LTIMindtree and Persistent Systems among the key contributors

Stocks to Watch Today: Jio Financial, Wipro, Paytm, HDFC Life & more

Wipro, Tech Mahindra, Jio Financial Services, BHEL and ITC Hotels among the top companies slated to post their April-June quarter earnings today.

Tech Mahindra Q1 Preview: PAT can rise over 40% YoY on firm revenue growth

TechM Q1 Preview: On average, analysts expect Tech Mahindra to post a growth of 40 per cent or more for Q1 FY27 as ramp-up in large deals could push revenue by 15 per cent.

IT shares rally: TCS up 6% on ABB deal expansion; Infosys, LTM gain 4%

At 12:44 PM on Monday, the Nifty IT index was the top gainer among sectoral indices, up 4.24 per cent, as compared to 0.01 per cent rise in the Nifty 50.

Nifty IT index gains 3.5% on Friday as TCS jumps 4% post Q1FY27 results

At 09:38 AM on Friday, the Nifty IT index was the top gainer among sectoral indices, up 1.8 per cent, as compared to a 1 per cent rise in the Nifty 50.