Tech Mahindra Ltd News

Nifty IT index slips 5%; Infosys, Tech Mahindra, LTTS, Wipro down over 5%_64381

The deterioration of the US corporate sector profitability would lead to tighter IT spending

Trading strategies in SBI, BoB, Tech Mahindra, DMart post Q4 results_63219

Watch out for these key levels on SBI and Bank of Baroda, while Tech Mahindra and DMart can be avoided for now.

Tech Mahindra Q4 net up 39.2% YoY to Rs 1,506 cr, rises 10% sequentially_62664

Revenue up 24.5% YoY at Rs 12,116 crore; In dollar terms revenue for the quarter was up 5.4% at constant currency at $1.6 billion

75% of Nifty50 stocks trade below 200-DMA; look weak on the charts_60279

Tech Mahindra and Wipro have tumbled over 30 per cent, while Apollo Hospitals Enterprise and Dr. Reddy's Laboratories have plummeted 22 per cent so far in calendar year 2022 (CY22)

Grasim tops Hurun sustainability league table on achieving 17 goals in 2021_54597

Tech Mahindra was ranked second with a sustainability score of 46, followed by Tata Power and Wipro

TechM partners with Keysight to certify 5G vendors' gear in New Jersey lab_53665

Tech Mahindra has announced a collaboration with Keysight Technologies to certify 5G equipment of open radio access network (O-RAN) in Tech Mahindra's 5G O-RAN test lab facility located in New Jersey

IT shares gain on Accenture's strong Q2 show, higher revenue guidance_45276

The strong guidance indicates that spending on change programs continues to be robust, a positive for Indian IT.

Indian IT sector not impacted by Russia-Ukraine war; in wait-and-watch mode_38030

Analysts say no direct presence in Ukraine; per 60% of the sector's business comes from US, another big chunk from UK, Germany and France

Tech Mahindra enters metaverse with TechMVerse launch, eyes 1,200 clients_37910

TechMVerse will be a separate unit that will have a horizontal play within the company and leverage all the services lines and technology segments that the company has presence in

Stocks to Watch: Vedant Fashions, Escorts, CRISIL, Tech Mahindra, NBFCs_33305

Shares of the Manyavar-brand owner Vedant Fashions to debut on the bourses on Wednesday.

Infosys, Tech M: Tech charts suggest its time to bottom fish IT stocks_33017

The NSE IT index has been moving in a tight range, a breakout in either direcion can trigger a 2,000 points movement.

High attrition, employee cost casts spell on IT stks; buy on dips: Analysts_26950

The nervousness in the IT stocks, analysts believe, is on account of rising employee costs at a time the business growth has been modest year-on-year in the December 2021 quarter (Q3FY22)

TCS, Wipro, Infosys, TechM, HCL Tech: Buy these stocks for up to 19% return_26940

Infosys continues to defend the support from past four months; TCS shares have three supportive technical parameters that attract buying and accumulation.

Tech Mahindra dips 4% on margin disappointment in December earnings_26450

In the past one month, the stock has underperformed the market by falling 19 per cent as against a 1.7 per cent rise in the S&P BSE Sensex.

Stocks to Watch: Tech Mahindra, Adani Ports, Hero Moto, Voda Idea, TTML_26394

Adani Green, Apollo Tyres, Adani Total Gas, Balrampur Chini, Dabur, eClerx, HDFC, IOB, Jubilant Foodworks, M&M Financial, Tata Consumer and Zee to announce results today.

Tech Mahindra Q3 net up 7% at Rs 1,378 cr, revenue rises 19%_26157

Narrowing of operating profit margin to 14.8% as against the year-ago period's 15.9% restricted the growth in the bottomline

Street positive on Tech Mahindra's 310 million Euro acquisition_20407

The deal will boost its digital and engineering R&D capabilities in BFSI space

Tech Mahindra on slippery ground post acquisition of European IT firm CTC_20162

The company announced acquisition of 100 per cent stake in Europe-based Com Tec Co IT (CTC) and 25 per cent stake in two insurtech platforms for a total of EUR 330 million (about Rs 2,800 crore).

Stocks to Watch: Tech Mahindra, HFCL, NTPC, Bajaj Finance, Just Dial, Sugar_20092

Bajaj Finance, ICICI Prudential Life, Just Dial, Jyoti Structures, LT Technology Services and Tata Elxsi are scheduled to announce December quarter results today.

Tech Mahindra taps into insurance biz with acquisition of Com Tec Co IT_19885

Deal struck at €310 mn; also invests 310 mn; €25 mn in acquiring 50% stake in SWFT & Surance