Tech Mahindra
1,671.20
-15.80(-0.94%)
Market Cap₹1,65,181.70 Cr
PE Ratio41.83
Company Performance:
1D-0.94%
1M+7.88%
6M-1.92%
1Y+13.52%
5Y+206.14%
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Latest news about Tech Mahindra
Tech Mahindra Forges Partnership with Dutch Firm Hanab for IT Modernization Jun 03, 2025
Tech Mahindra has formed a strategic partnership with Hanab, a Netherlands-based company, to drive IT modernization initiatives. The collaboration aims to leverage Tech Mahindra's digital transformation expertise and potentially expand its presence in the European market. The partnership will focus on IT modernization, European market expansion, and collaborative innovation. While specific details are yet to be disclosed, the alliance could lead to enhanced service offerings, knowledge exchange, and increased market reach for both companies.
Tech Mahindra Acquires Mahindra Racing UK for ₹135 Crore May 02, 2025
Tech Mahindra Expands into Sports Tech: Acquires Mahindra Racing UK for £1.2 Million May 02, 2025
Tech Mahindra Reports Strong Profit Growth in FY25 Despite Flat Revenue Apr 24, 2025
Tech Mahindra: Rs 30 Per Share Dividend Announced, Q4 Profit Surges 19% Apr 24, 2025
More news about Tech Mahindra
24Apr 25
Tech Mahindra Shares Surge Ahead of Q4 Results Announcement
Tech Mahindra's stock price increased on Monday in anticipation of its fourth-quarter results. The share price reached an intraday high of ₹1,466.05, up 1.90% from the opening price of ₹1,450.45. By 10 AM, the stock was trading at ₹1,452.10, up 0.90%. This upward movement outperformed the broader market, indicating positive investor sentiment ahead of the financial disclosure. Investors are particularly interested in revenue growth, profitability, client acquisition, digital transformation progress, and the impact of global economic conditions on the IT services sector.
23Apr 25
Tech Mahindra Poised for Strong Q4 Profit Growth Amid Revenue Challenges
Tech Mahindra anticipates a 65% year-over-year profit increase in Q4, despite modest 4% revenue growth. The company projects net new deal wins of ₹6,225 crore. Analysts expect a slight decline in constant currency revenue quarter-on-quarter. Key focus areas include client budgets, BFSI account gains, and GenAI impact on BPO operations.
23Apr 25
Tech Mahindra Sets Date for Q4 and FY24 Results, Dividend Consideration on the Agenda
Tech Mahindra will announce Q4 and FY24 results on April 24, 2023. The board meeting is scheduled for April 23-24 to approve results and consider dividend declaration. An earnings call is set for April 24 at 18:30. The trading window for designated persons will be closed from April 1 to April 26, 2023, to prevent insider trading.
03Apr 25
Tech Mahindra Teams Up with ServiceNow to Revolutionize Broadband Solutions for CSPs
Tech Mahindra and ServiceNow have formed a strategic partnership to develop next-generation broadband solutions for Communication Service Providers (CSPs). This collaboration aims to enhance service delivery, improve customer experience, and increase operational efficiency in the telecom industry. The partnership combines Tech Mahindra's telecom expertise with ServiceNow's cloud computing platform to address evolving broadband market demands.
28Mar 25
Tech Mahindra Employee Detained in Qatar: Company Offers Support Amid Uncertainty
Amit Gupta, a regional head for Tech Mahindra, has been detained in Qatar since January 1st under unclear circumstances. He is reportedly in solitary confinement with limited communication. Tech Mahindra is actively involved, providing support to Gupta and his family, coordinating with authorities, and working towards a resolution. The incident highlights potential risks for Indian IT professionals working abroad and the need for robust support systems and crisis management protocols.
24Mar 25
Tech Mahindra Executive Detained in Qatar: Potential Diplomatic Challenge Looms
Amit Gupta, Tech Mahindra's regional head for Qatar and Kuwait, has been in custody in Qatar since January 1, 2023, without official charges. The detention is reportedly linked to an ongoing investigation into alleged data theft. The Indian mission in Qatar is providing assistance, but Tech Mahindra has not issued an official statement. This situation could potentially impact Tech Mahindra's operations in the region and India-Qatar relations.
23Mar 25
Tech Mahindra Executive Detained in Qatar: Company Responds to Alleged Data Theft Charges
Amit Gupta, Tech Mahindra's Region Head for Qatar and Kuwait, has been detained by Qatari authorities since January 1, 2023, on allegations of data theft. Tech Mahindra is supporting Gupta's family and coordinating with Indian and Qatari authorities to resolve the matter. The family denies any wrongdoing. The Indian embassy in Qatar is offering assistance. This situation could potentially impact Tech Mahindra's operations and reputation in the Gulf region.
19Mar 25
Tech Mahindra Sees Significant Block Trade on NSE Worth ₹24.14 Crore
A significant block trade of 172,509 Tech Mahindra shares occurred on the National Stock Exchange at ₹1,399.60 per share, totaling ₹24.14 crore. This large transaction, potentially indicating institutional activity or major stakeholder movements, has drawn market attention. While the parties involved remain undisclosed, such trades can sometimes signal shifts in investor sentiment or portfolio adjustments.
18Mar 25
Tech Mahindra Bolsters AI Capabilities Through Expanded Google Cloud Partnership
Tech Mahindra has announced an expansion of its partnership with Google Cloud to accelerate enterprise-wide AI adoption. The collaboration aims to enhance Tech Mahindra's capabilities in leveraging Google Cloud's AI technologies for its clients, focusing on improving business processes, fostering innovation, and expanding AI-driven service offerings. This strategic move is expected to strengthen Tech Mahindra's position in the global IT services market and drive AI adoption across various industries.
07Mar 25
Tech Mahindra Expands US Presence with New Texas Office
Tech Mahindra has inaugurated its 19th office in the United States, located in Plano, Texas. The new 27,000 square-foot facility can accommodate 130 employees and will focus on consulting services, delivery operations, and customer support. It features an innovation lab dedicated to AI, cloud computing, and cybersecurity. This expansion strengthens Tech Mahindra's presence in the US market and its ability to provide localized support to clients.
03Mar 25
Tech Mahindra Shares See Significant Block Trade on NSE
Tech Mahindra experienced a significant block trade on the National Stock Exchange (NSE). 174,414 shares were traded at Rs. 1,499.80 per share, totaling Rs. 26.16 crores. The identities of the buyer and seller remain undisclosed. This large transaction has drawn attention to Tech Mahindra's stock, potentially impacting short-term trading patterns.
28Feb 25
Tech Mahindra Streamlines Operations: Comviva USA to Merge with Comviva Americas
Tech Mahindra has approved the merger of Comviva Technologies USA, Inc. with Comviva Technologies Americas, Inc., effective March 1, 2025. This consolidation aims to optimize operational costs and reduce compliance risks in the Americas region. Comviva USA (turnover $0.65M) will merge into Comviva Americas (turnover $19.05M), both step-down subsidiaries of Tech Mahindra. No cash consideration or new shares will be issued due to existing ownership structure.
25Feb 25
Tech Mahindra Shares: Major Block Trade Worth ₹16.34 Crore Executed on NSE
A significant block trade of 101,459 Tech Mahindra Ltd. shares was executed on the National Stock Exchange (NSE). The transaction occurred at ₹1,610.10 per share, totaling ₹16.34 Crore. This large-scale trade has drawn attention from market participants due to its potential impact on the stock's trading dynamics. While the immediate effects on Tech Mahindra's stock price and market sentiment are yet to be determined, such transactions can sometimes lead to short-term price fluctuations or increased trading volume.
19Feb 25
Tech Mahindra Shares: Block Trade of 100,502 Shares Executed at Rs. 1,685.75
A significant block trade of 100,502 Tech Mahindra shares occurred on the National Stock Exchange (NSE), valued at Rs. 16.94 crores. The transaction was executed at Rs. 1,685.75 per share. While the identities of the buyer and seller remain undisclosed, such large trades can potentially influence market sentiment and indicate shifts in institutional holdings.
Tech Mahindra
1,671.20
-15.80
(-0.94%)
1 Year Returns:+13.52%
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