The sector is trading at a discount to the BSE Sensex and trailing price/earning (P/E) multiple for the first time in the past four years
From the April swing low near 1180 to the June peak around 1700, the Tech Mahindra stock saw a strong rally, followed by a month-long price correction.
Sectors such as automobile, manufacturing, and retail are already bearing the brunt of tariffs - this was called out by IT executives during their earnings conferences last month
Top Indian IT firms returned over ₹6.4 trillion to shareholders in 10 years while reinvesting just ₹1.2 trillion, raising questions amid slowing growth and AI-led churn
The new leadership, along with the steps being undertaken to nurture internal talents, will make Tech Mahindra not just a world-leading entity but also a world-beating organisation, a top company official has said. Tech Mahindra has restructured its global operations following the exit of some of its employees after the succession of the CEO role to Mohit Joshi, who has been with the company since its founding and is one of the longest-serving chief executives in the IT industry, CP Gurnani. "Our talent is the engine driving Tech Mahindra's transformation. We are doing what it takes to make TechM not just a world-leading, but a world-beating organisation, whether that means creating new roles, nurturing internal talent, or bringing in bold new leadership," Joshi told PTI in an email interview. The company has appointed new leaders for several verticals and elevated internal senior employees between August 2023 and June 2025 to lead key divisions at the organisation in global ...
Infosys, TCS, and others ride strong European demand, yet analysts say real recovery needs a US rebound in BFSI, retail, and manufacturing sectors
The Nifty IT index has fallen by 18.3 per cent so far this year, the worst among key sectors. During the same period, Nifty has risen by 4.7 per cent
Meanwhile, four IT companies combined - TCS, Infosys, HCL Technologies and Tech Mahindra - have made a dent of ₹15,321 crore in LIC's portfolio thus far in July
Analysts say possibility of hitting high single-digit revenue growth looks unlikely
This comes in a tepid job market, where overall demand remains soft but companies are scrambling to find talent with niche digital skills like artificial intelligence (AI), cloud, and cybersecurity
IT company Tech Mahindra will invest in sales and marketing as well as learning infrastructure in key markets to enhance its position, Mahindra Group Chairman Anand Mahindra said on Thursday. During the Annual General Meeting of Tech Mahindra, he said that the IT firm has an edge in the area of AI, which is reshaping businesses and society. "Over the next two to three years, the company plans to invest in learning infrastructure and in enhancing market position in key markets by investing in sales, marketing and key service lines across strategic verticals," Mahindra said in response to a question asked by a shareholder. Tech Mahindra has opened a 'Manufacturing Xperience Center' at its campus in Chennai to help manufacturers quickly prototype and scale AI-driven innovations to address industry challenges such as high operational costs, process inefficiencies, supply chain disruptions, and complex operational hurdles. We remain open to setting up centres like the one in Chennai and
From the Sensex30 pack, Tech Mahindra, Infosys, L&T, Mahindra and Mahindra and Eternal (Zomato) were among the top laggards.
Tech Mahindra shares fell 2 per cent after the firm reported a sequential decline in first-quarter earnings. Analysts remain cautious over margin improvements
Should you buy or sell Tech Mahindra stock post Q1 earnings; here's what the technical chart suggests.
Stocks to Watch today, July 17, 2025: Tech Mahindra, Angel One, TVS Motor and SBI are some of the key stocks to watch today
Revenue for the quarter increased 2.7 per cent to ₹13,351 crore, helped by communications and banking financial services and insurance (BFSI) business
IT services firm Tech Mahindra on Wednesday posted a 33.9 per cent rise in consolidated net profit for the April-June quarter to Rs 1,140.6 crore. The Pune-headquartered firm had logged a net profit (attributable to owners of the company) of Rs 851.5 crore in the year-ago period, according to a regulatory filing. Revenue from operations for the first quarter of FY26 came in 2.65 per cent higher at Rs 13,351.2 crore, as against Rs 13,005.5 crore in the year-ago period. Seen sequentially, net profit was 2.2 per cent lower, while revenues saw a marginal decline of 0.2 per cent. "Our performance is steadily strengthening, reflecting disciplined execution and a focused strategy. Deal wins have increased by 44 per cent on a last twelve months (LTM) basis, supported by broad-based momentum across verticals and geographies," Mohit Joshi, CEO and Managing Director of Tech Mahindra, said. The company's total headcount stood at 148,517 as of June 30, 2025, an increase of 897 employees ...
At 11:50 AM, BSE Sensex was trading at 82,469.36, down by over 100 points or 0.12 per cent. Whereas, Nifty was just trading below 25,200 level, down by over 25 points or 0.10 per cent.
Q1 FY26 company results: Reliance Industrial Infrastructure, Kalpataru, Angel One, and Lotus Chocolate will release their earnings report for the April-June quarter on July 16