Tech Mahindra

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, .

TCS, HCLTech, Infosys: IT stocks gain up to 4% in trade; Nifty IT rises 3%

Individually, HCLTech shares were up 3.57 per cent; Infosys, Tech Mahindra, TCS, and Wipro were trading over 2 per cent higher

Customer-centric innovation to fuel India's $750 bn IT dream: Gurnani

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

Tech Mahindra, Infy among top analyst picks as IT stocks continue to slide

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.

Nifty IT index soars 6% intra-day, TechM hits record high; here's why

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.

Tech Mahindra on WEF list of organisations making AI work in real world

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 shares jump after 'all-around beat' in Q3 show; check stock outlook

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.

IT firms meander through deal-pricing complexity in era of AI agents

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

Tech Mahindra Q3FY26 results: Net profit rises 14% to ₹1,122 crore

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

Tech Mahindra Q3 results: Net profit rises 14% at ₹1,122 cr, revenue up 8%

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

Stock Market Close: Sensex ends 188 pts up; Nifty at 25,694; IT outperforms, pharma drags

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.

Q3 results: RIL, Wipro, Tech Mahindra, Polycab among 42 firms on Jan 16

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's Q3 profit may rise 27% YoY; margins to improve: Analysts

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.

IT cos eye CY26 rebound as AI demand outweighs Q3 weakness: Motilal Oswal

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.

Earnings revival to boost Indian equities in CY26; SBI, Infy top MOFSL bets

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, Dec 29: Coforge, Tech M, Lenskart, PNB, Ola, Timex

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

AI to power next leg of IT growth, says Motilal Oswal; check top bets

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

Margin expansion likely to drive earnings upgrades for Tech Mahindra

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