Page 4 - Tech Mahindra

Stocks to Watch today, July 17: Tech Mahindra, SBI, Reliance Infra, Ixigo

Stocks to Watch today, July 17, 2025: Tech Mahindra, Angel One, TVS Motor and SBI are some of the key stocks to watch today

Tech Mahindra Q1 profit up 34% at ₹1,140 crore, revenue rises 2.7%

Revenue for the quarter increased 2.7 per cent to ₹13,351 crore, helped by communications and banking financial services and insurance (BFSI) business

Tech Mahindra Q1 results: Profit up 34% to ₹1,141 cr, revenue edges up

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 ...

Stock Market close highlights: Sensex flat, Nifty at 25,212; PSBs outperform; India VIX down 2%

Sensex Today | Stock Market close, Wednesday, July 16, 2025: In the broader markets, the Nifty MidCap 100 index and Nifty Smallcap 100 also settled on a flat note

Q1 results today: ITC Hotels, Tech Mahindra, L&T Tech among 19 on July 16

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

Tech Mahindra Q1 preview: Earnings set to dip QoQ as key segments drag

Tech Mahindra will report its earnings for the quarter ended June on July 16, and analysts expect a dip in profit and revenue sequentially

HCL Technologies, Tech Mahindra lift veil on Q1 IT industry outlook

Quarterly sales across India's computer services and IT firms are projected to have slid 0.6 per cent sequentially, Jefferies analysts Akshat Agarwal and Ayush Bansal said

Dividend stocks! M&M, 34 others to go ex-date next week; do you own any?

Container Corporation, and Paras Defence will also remain in focus, as the former has announced bonus issue of equity shares for its shareholders, while the latter has announced stock-split

Broad-based buying lifts markets; smallcaps, IT, consumer durables outpace

In the broader markets, it was small-cap shares that witnessed heavy buying interest, with the Nifty Smallcap100 index outpacing the benchmarks

CLSA, Morgan Stanley urge near-term caution on IT stocks

Thus far in CY25, the Nifty IT index has been an underperformer, slipping nearly 11 per cent as compared to 5 per cent rise in the Nifty 50 index

TechM trades higher for 10th straight day; should you buy, hold or sell?

Shares of Tech Mahindra hit an over four-month high at ₹1,724.25, gaining 2% in Tuesday's intra-day trade in an otherwise weak market, and has rallied 12% in the last 10 days.

Markets defy geopolitical jitters; IT stocks power Sensex, Nifty higher

Indian equity benchmarks were trading higher on Monday led by gains in the heavyweight IT stocks including TCS, Tech Mahindra and HCL Tech

Bajaj Auto, Tech Mahindra, L&T Tech: Analyst pick 3 stocks to buy today

Stocks to buy: Bajaj Auto is witnessing steady volume, and the price has managed to close above all major Exponential Moving Averages

Infy, TCS, HCLTech: IT stocks staring at further losses; hint tech charts

Technical outlook on IT stocks: Infosys, TCS HCL Technologies and Tech Mahindra may slip up to 9% from present levels, suggest charts.

IT stocks shine: Nifty IT rises 2% as US Federal court blocks Trump tariffs

IT stocks jumped in trade after a US federal court on Wednesday (local time) blocked President Donald Trump from imposing broad tariffs on imports under an emergency-powers law.

Tech Mahindra to acquire 100% stake in Mahindra Racing UK for Rs 13.5 cr

Tech Mahindra on Friday said its wholly owned subsidiary, Tech Mahindra London Ltd (TMLL), has entered into a definitive agreement to acquire Mahindra Racing UK Ltd (MRUK) from Mahindra Overseas Investment Company (Mauritius) Ltd (MOICML). MOICML is a wholly owned subsidiary of Mahindra & Mahindra Ltd (M&M). This deal, executed through a share purchase agreement, involves TMLL acquiring 100 per cent shareholding in MRUK for a cash consideration of GBP 1.2 million (approximately Rs 13.5 crore). Upon completion, MRUK will become a wholly owned subsidiary of TMLL and, by extension, of Tech Mahindra Ltd. Tech Mahindra said it sees the acquisition as an opportunity to diversify into new business avenues such as sporting events, professional leagues, and data-driven engineering applications, while also enhancing its brand visibility. MRUK, incorporated in the UK in 2014, is engaged in the Formula Electric World Championship Racing industry, participating in events organised by the ..

TECHM, BEL, JSWENERGY: Top picks by Chandan Taparia of MOFSL; check targets

Nifty50 has formed a small bodied bearish candle on a daily frame but has started to form higher lows from the last two sessions

'No bulk hiring anytime soon' as IT companies navigate tricky ground

TCS and Infosys did most of the net hiring in the last financial year, followed by Tech Mahindra while Wipro added very few people

Tech Mahindra shares fall 5% after Q4 results; earnings breakdown here

Tech Mahindra's stock fell as much as 4.7 per cent during the day to ₹1,375 per share, the worst intraday loss since April 7 this year

Stocks to Watch, April 25: SBI Life, Axis Bank, Tech Mahindra, Power Grid

Stocks to Watch on Friday: SBI Life, Axis Bank, Tech Mahindra, Power Grid, PB Fintech, Wipro and Persistent Systems are among the stocks to watch today, April 25, 2025