Page 3 - Tech Mahindra Ltd News

IT firms may post muted Q4; weak INR to cushion earnings; FY27 guidance key

IT Q4 results preview: While the recent sharp depreciation of INR against the USD is likely to provide a significant cushion to earnings, the focus has shifted toward FY27 guidance

Mphasis, TCS, HCLTech, Wipro: Why did Nifty IT rise 3% in trade today?

Individually, Mphasis shares were up 3.15 per cent, followed by Infosys, Tech Mahindra, Persistent Systems, HCLTech, Oracle Financial Services Software, and LTIMindtree up over 2 per cent.

AI tailwinds not enough: Analysts cautious on Indian IT after Accenture Q2

Accenture sees AI-led deal momentum, but analysts remain cautious on Indian IT stocks amid weak demand, macro risks, and uncertain growth outlook

Stocks to Watch today: Tata Steel, Tech Mahindra, Varun Bev, Shree Cement

Stocks to Watch today, March 18: Tata Steel, Tech Mahindra, Varun Beverages, Shree Cement, and Aurobindo Pharma are among the top stocks to watch today

Tech Mahindra denies buzz around plan to lay off 30,000 employees

Tech Mahindra has denied social media claims that it plans large-scale layoffs, clarifying in an exchange filing that no such proposal is under consideration amid speculation of a 30,000 cut

Tech Mahindra rubbishes market speculation on significant cut in headcount

IT services company Tech Mahindra on Monday strongly denied market speculations around a possible significant reduction in headcount. Given the speculation, Tech Mahindra said it finds it necessary to clarify that no such proposal is under consideration. The company cited calls and certain social media posts regarding a "market rumour" of a potential significant reduction in headcount. "The company has received calls and has noted certain social media posts regarding a market rumour of a potential significant reduction in headcount. "In view of the above speculation, the company on its own accord considers it necessary to clarify to the Stock Exchanges that no such proposal is under consideration and categorically denies any such market rumours," it added.

Margin gains, deal wins reflect clients' trust: Tech Mahindra CEO

The strategy set by the new leadership three years ago at Tech Mahindra to sharpen the company's position for faster and sustainable growth is giving returns, which is getting reflected in improved operating margin and increase in large deals, a top official of the IT firm said. Tech Mahindra CEO & Managing Director Mohit Joshi told PTI that as the world is navigating through a tectonic shift towards a new era of enterprise intelligence led by AI empowered design and engineering, the company's focus is shifting from stabilisation to acceleration. The operating margin during the December 2025 quarter expanded by close to 100 basis points to 13.1 per cent, marking the ninth consecutive quarter of margin expansion for the company. Further, our commercial momentum has strengthened, with a 48 per cent increase, including large deal volumes over the past 12 months. This reinforces our belief that clients are responding positively to our sharper positioning, disciplined deal selection, .