Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from Tech Mahindra

CAS chaos continues: Sensex falls 456 points, Nifty trims losses to close at 24,571. What lies ahead?

Indian stock markets closed lower as the new closing auction session impacted benchmark indices. Sensex fell nearly 456 points, while Nifty 50 saw a smaller decline. Bajaj Finance and Bajaj Finserv shares led the losses on the Sensex index. Geopolitical concerns over the Strait of Hormuz caused oil prices to…

The Economic Times

FIIs cut stakes in 72% of Nifty50 stocks, DIIs buy 82%. Here’s where the money moved

India’s largest stocks are witnessing a major ownership shift as domestic institutions fill the gap left by foreign investors. FIIs cut stakes in 36 Nifty 50 companies, while DIIs raised holdings in 41, taking their index ownership to a record 25.9%. Max Healthcare saw the sharpest change, with FII holdings…

The Economic Times

Kospi’s mammoth 17% surge spells caution for Indian IT stocks. Why TCS, Infosys, others are down up to 5%

Indian IT stocks declined after renewed optimism around global AI and cloud spending after strong earnings from tech giants. Meanwhile, global AI sentiment improved after Microsoft and Amazon reported strong cloud growth, while South Korean chipmakers Samsung and SK Hynix rallied sharply on robust results.

The Economic Times

From analysis to the latest developments in health,
read the most diverse news in one place.

M&M Q1 Results: Standalone profit rises 7% YoY to Rs 3,685 crore; revenue jumps 23%

Mahindra and Mahindra reported a seven percent net profit rise for the June quarter. Consolidated profit after tax increased thirty-four percent, driven by strong business growth. The auto business saw volumes rise twenty-three percent, retaining its SUV market leadership. Tractor volumes grew eighteen percent, maintaining the top position in the…

The Economic Times

TCS, Infosys, Coforge, other IT stocks rally up to 10% after Nvidia-led chip rout. Is AI trade ending?

Indian IT stocks rallied on Tuesday, with TCS, Infosys, HCL Tech, Wipro, Coforge and Tech Mahindra gaining despite a global sell-off in AI-linked stocks. Investors tracked the sharp decline in Nvidia, Micron, SanDisk, SK Hynix and Samsung shares for clues on AI sector sentiment.

The Economic Times

Why did market fall today? Sensex slumps 440 points, Nifty closes below 24,250. 6 factors behind the selloff

Indian stock markets tumbled on Monday as rising oil prices and escalating tensions between Iran and the US rattled investors. Heavyweight bank stocks took a hit due to unremarkable quarterly results. Despite this, broader market indices managed to maintain relatively better performance than the benchmarks. Market players now look forward…

The Economic Times

Ahead of Market: 10 things that will decide D-Street action on Monday

The Sensex surged over 960 points and the Nifty climbed more than 1% on Friday, driven by strong Q1 earnings optimism and buying in IT and banking stocks. Analysts said domestic institutional investors are rotating into attractively valued large-cap stocks, while selective profit booking in mid- and small-caps continues. Consumer…

The Economic Times

Read news from The Economist, FT, and more,
with one subscription

AI won't diminish IT services, will instead make it more vital: Anand Mahindra at Tech Mahindra AGM

Tech Mahindra Chairman Anand Mahindra said AI will not replace India's IT services industry but make it more important by driving enterprise AI adoption. He urged India to build sovereign AI capabilities, said trusted AI deployment will be a key opportunity for IT firms, and highlighted Tech Mahindra's AI initiatives…

The Economic Times

2 reasons why Infosys, TCS and other IT stocks are rising today

Indian IT stocks saw gains on Friday, led by Tech Mahindra's better-than-expected first quarter results. Infosys and HCL Tech also advanced, with HCL Tech securing a significant seven-year deal. Wipro shares declined more than three percent after reporting weak first-quarter performance. Brokerages offered positive outlooks for Tech Mahindra, increasing target…

The Economic Times

Q1 Results today: Reliance Industries, JSW Steel among 33 companies announcing June quarter earnings. What to expect?

Reliance Industries and 32 other firms will announce quarterly earnings on Friday. Several major banks are scheduled to release their April-June quarter results on Saturday. The market is reacting to Thursday's earnings announcements from IT majors and other companies. Analysts expect Reliance Industries to report steady performance driven by its…

The Economic Times

Why did market rise today? Sensex surges 965 points; Nifty ends above 24,300. 4 reasons why D-Street defied global rout

Indian stock markets saw gains on Friday, with Sensex and Nifty trading higher. IT stocks led the gains, while broader markets experienced marginal losses. Escalating Iran-US conflict and rising oil prices added to investor caution. Foreign investors remained net sellers of Indian equities on Thursday. Analysts advise caution due to…

The Economic Times

Tech Mahindra shares jump 3% after Q1 earnings beat estimates. What Nomura, Nuvama, other brokerages now expect

Tech Mahindra shares surged after the IT major reported better-than-expected Q1 FY27 results, with net profit rising 28% YoY to Rs 1,465 crore and revenue climbing 18% to Rs 15,712 crore, supported by broad-based growth, strong deal wins, and margin expansion.

The Economic Times

Stocks in news: Reliance Industries, Tata Tech, Wipro, Jio Financial, ITC, Maruti Suzuki

In today's trade, shares of Reliance Industries, Tata Tech, Wipro, Jio Financial, ITC, Maruti Suzuki among others will be in focus due to various news developments and first quarter results.

The Economic Times

Tech Mahindra Q1 Results: Net profit rises 28% YoY to Rs 1,465 crore, revenue up 18%

Tech Mahindra announced a consolidated net profit of Rs 1,465 crore for the first quarter. This represents a substantial 28% increase compared to the previous year's earnings. The company also saw its net profit rise over 8% sequentially from the prior quarter. Revenue from operations experienced an 18% year-on-year jump…

The Economic Times

Get all your
news in one place.

100's of premium titles.
One news app.

The Economic Times

Q1 results today: Jio Financial, Wipro, Polycab India, BHEL among 41 companies to report earnings

The June quarter earnings season gathers pace on July 16, with 41 companies, including Jio Financial Services, Wipro, Tech Mahindra, BHEL, Polycab India and 360 One, set to announce results. Corporate earnings are expected to grow around 10%, marking the strongest expansion in four quarters after TCS kicked off the…

The Economic Times

Stocks in news: Wipro, Jio Financial, HDB Financial, HDFC AMC, SBI

Indian markets experienced volatility, ending nearly unchanged amid mixed global cues. Several companies like Wipro and Jio Financial announced their first quarter results today. Angel One reported a strong quarter with significant year-on-year profit growth. HDB Financial and HDFC AMC also posted increased profits for the June quarter. SBI appointed…

The Economic Times

Tech Mahindra Q1 Preview: Will the IT company surprise investors with its earnings?

Tech Mahindra is expected to post modest June-quarter revenue growth, led by continued strength in its telecom business, while margins are likely to improve on cost optimisation. Investors will closely track management commentary on AI strategy, telecom demand, large deal execution, BFSI recovery and progress towards its FY27 margin target.

The Economic Times

TCS, Infosys, Wipro & other IT stocks fall more than 2%. Here's why

Indian IT stocks such as TCS, Infosys, Wipro, HCLTech, Tech Mahindra, Persistent Systems and Coforge declined up to 2.5% after IBM plunged 25% in its steepest-ever one-day fall on weak preliminary quarterly results. The negative sentiment spilled over to US-listed Indian IT firms, with Infosys and Wipro ADRs falling up…

Get all your
news in one place.

100's of premium titles.
One news app.

The Economic Times

AI, Iran war risks weigh on Indian IT firms’ earnings outlook

Indian IT companies like HCL Technologies and Wipro are reporting earnings amid AI concerns. Macroeconomic uncertainty and Middle East conflict add pressure to the sector. Taiwan Semiconductor Manufacturing Company's results will offer a key reality check for the AI boom. Tech Mahindra expects margin expansion from cost-cutting and a large…

The Economic Times

TCS Q1 results after party: Infosys, Wipro, other IT stocks jump up to 4%. Why are analysts bullish despite AI worries?

IT stocks including Infosys, Wipro, HCL Tech and Tech Mahindra rose sharply after TCS delivered a better-than-expected Q1 performance. Brokerages turned optimistic, citing resilient margins, improving demand outlook, attractive valuations and growing AI-led opportunities, despite lingering concerns over discretionary spending and macroeconomic uncertainty.

The Economic Times

TCS, Infosys and other Indian IT stocks rise up to 4% after AI worries trigger Kospi selloff

Indian IT stocks climbed despite a sharp sell-off in Asian chipmakers, as investors positioned for Q1 earnings. Indian IT stocks have had a rough ride in recent months because investors worry that AI could hurt billing growth, reduce manpower-linked revenue and force companies to pass productivity benefits to clients. With…

The Economic Times

IT stocks are beginning to offer bank FD-like dividend yields. But is that a trap for investors?

Indian IT stocks now offer dividend yields comparable to bank fixed deposits. These yields have risen because stock prices have significantly declined from their peaks. Companies possess substantial liquidity and are actively using buybacks and dividends for support. However, sector headwinds from AI and geopolitics create uncertainty for future growth.…

The Economic Times

The Q1 verdict: Can TCS, Infosys, other IT results stop a Rs 17 lakh crore AI-led rout?

India's top IT firms like TCS and Infosys face a crucial earnings season after a massive Rs 17 lakh crore market value erosion. Analysts anticipate muted results and weak future guidance, citing client spending slowdowns, pricing pressures, and the disruptive impact of AI. Investors are keenly watching if current valuations…

The Economic Times

Infosys, TCS and other IT stocks jump up to 5% on dip buying. Is the worst over?

IT stocks rebounded sharply on Thursday, with the Nifty IT index surging nearly 4% after a four-session slide that pushed it to a 52-week low. Coforge led gains with a 5% jump, while Infosys, Mphasis, HCL Tech and Persistent Systems rose around 4%. The recovery lifted sentiment after the sector…

The Economic Times

Dividend Alert! Last day to buy M&M, Swaraj Engines, 31 other stocks to earn payouts up to Rs 110

Investors have a final chance today to buy shares in 33 companies, including Mahindra & Mahindra, Tech Mahindra, and Union Bank, to qualify for upcoming dividend payouts. With July 3rd set as the record date, today is the last opportunity to secure these dividends. Notable payouts include Mahindra & Mahindra's…

1 2 3

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.