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'Tech Mahindra' - 323 News Result(s)

  • Tata Steel, M&M, SpiceJet in Focus Today

    Tata Steel, M&M, SpiceJet in Focus Today

    The Nifty opened lower on Wednesday as indicated by futures trade on Singapore Stock Exchange. Foreign investors increased their intensity of selling as they have sold stocks worth Rs 1,247 crore in cash market on Tuesday. However domestic investors ...

  • Sensex Sinks Below 27,000; IT Stocks Shine on Rupee Weakness

    Sensex Sinks Below 27,000; IT Stocks Shine on Rupee Weakness

    Banking stocks saw sharp selloff on Tuesday, with the Bank Nifty falling 2.3 per cent. Metal stocks slumped 3 per cent, while consumer durables declined 2 per cent. Private lender ICICI Bank fell around 4 per cent.

  • Sensex, Nifty Fall to 1-1/2 Month Low; TCS Outlooks Weighs on IT Stocks

    Sensex, Nifty Fall to 1-1/2 Month Low; TCS Outlooks Weighs on IT Stocks

    Software stocks led the decliners after sector leader TCS on Friday said seasonal trends would impact its Q3 revenue. TCS fell 3.8 per cent, Tech Mahindra ended down 3.6 per cent, Wipro lost 0.3 per cent, Infosys ended 0.7 per cent lower and HCL Tech...

  • Sensex Ends 31 Points Lower Amid Consolidation; IT Stocks Fall

    Sensex Ends 31 Points Lower Amid Consolidation; IT Stocks Fall

    ONGC, which corrected nearly 5 per cent last week, ended 1.7 per cent higher after a newspaper report said disinvestment in the company can be deferred till January citing a senior government official. Traders said ONGC is witnessing some short-cover...

  • Sensex Edges Up Amid Choppy Trade; HDFC Soars 5%

    Sensex Edges Up Amid Choppy Trade; HDFC Soars 5%

    ONGC, which corrected nearly 5 per cent last week, was up 1.9 per cent after a newspaper report said disinvestment in the company can be deferred till January. Traders said ONGC is witnessing some short-covering as its free float shares would not inc...

  • Sensex, Nifty Consolidate Amid Choppy Trade; Banks Gain

    Sensex, Nifty Consolidate Amid Choppy Trade; Banks Gain

    Sensex, Nifty Consolidate Amid Choppy Trade; Banks Gain

  • Sensex Extends Weakness to 3rd Day; TCS Falls 4%

    Sensex Extends Weakness to 3rd Day; TCS Falls 4%

    TCS, India's biggest outsourcer, fell nearly 4 per cent to be the top Nifty loser. On Friday, TCS said its revenue growth in the December quarter may be weak on account of seasonality and pressure in its banking, financial services and insurance (BFS...

  • Buy Tech Mahindra, Sell TCS Today: Sanjeev Bhasin

    Buy Tech Mahindra, Sell TCS Today: Sanjeev Bhasin

    Market participants will closely watch the currency and stock markets as poor factory output (measured by the index of industrial production) is likely to result in further softening in bond yields.

  • Sensex Turns Negative, Nifty Falls Below 8,300

    Sensex Turns Negative, Nifty Falls Below 8,300

    Shares in oil explorers continued to drag the benchmark indices further. Cairn India fell nearly 3 per cent, while ONGC was down over 2 per cent amid margin concerns on account of falling crude oil prices. GAIL India slumped nearly 4 per cent to be t...

  • Financial Tech Sells 1.65 Lakh MCX-SX Shares to Jhunjhunwala

    Financial Tech Sells 1.65 Lakh MCX-SX Shares to Jhunjhunwala

    Financial Technologies India Ltd (FTIL) on said it has sold an additional 1.65 lakh shares in stock exchange MCX-SX to ace investor Rakesh Jhunjhunwala for Rs 2.47 lakh, thereby completely exiting the bourse.

  • Rising Dollar Spells Trouble for TCS, Other IT Firms

    Rising Dollar Spells Trouble for TCS, Other IT Firms

    Companies that have high exposure to Europe and Japan will be worst hit. Nomura says both TCS and Tech Mahindra come in this category as they have the lowest US dollar revenue proportions (52-54 per cent) of overall revenues.

  • Deal Street Sees Rs 27,000-Crore Mergers and Acquisitions in a Week

    Deal Street Sees Rs 27,000-Crore Mergers and Acquisitions in a Week

    With the markets hitting new highs almost every day and an improving business sentiment, India Inc got on to the mergers and acquisitions (M&A) bandwagon closing as many as six deals worth Rs 27,153 crore in just seven days.

  • Tech Mahindra to Buy US Network Services Operator for $240 Million

    Tech Mahindra to Buy US Network Services Operator for $240 Million

    The acquisition, expected to close by the fourth quarter, will add 20-30 new clients to Tech Mahindra.

  • Tech Mahindra to Buy US-Based Network Services Operator for $240 Million

    Tech Mahindra to Buy US-Based Network Services Operator for $240 Million

    The acquisition, expected to close by the fourth quarter, will add 20-30 new clients to Tech Mahindra, Chief Executive Officer C.P. Gurnani said on a call.

  • Tech Mahindra Gains 4% on Q2 Beat

    Tech Mahindra Gains 4% on Q2 Beat

    Tech Mahindra's dollar revenue grew a robust 5.2 per cent sequentially to $900 million against expectation of 2.5 per cent growth in dollar revenue. Analysts say the beat in dollar revenue growth has positively surprised the Street.

  • Bharti Airtel, Maruti Suzuki, ICICI Bank in Focus Today

    Bharti Airtel, Maruti Suzuki, ICICI Bank in Focus Today

    The Nifty opened flat on Thursday as indicated by futures trade on Singapore Stock Exchange. Foreign investors were net buyers of Indian equities to the tune of Rs 786 crore, whereas domestic investors sold stocks worth Rs 507 crore in cash market on...

  • Tech Mahindra Posts Profit of Rs 720 Crore in Q2

    Tech Mahindra Posts Profit of Rs 720 Crore in Q2

    Notwithstanding a healthy rise in revenue, Tech Mahindra on Wednesday reported a marginal growth in September quarter net profit at Rs 719.7 crore as foreign exchange losses impacted the bottom line.

  • Dr. Reddy's Lab, Tech Mahindra, Sesa Sterlite in Focus Today

    Dr. Reddy's Lab, Tech Mahindra, Sesa Sterlite in Focus Today

    The Nifty opened higher on Wednesday tracking positive global markets and futures trade on Singapore Stock Exchange. Both foreign and domestic investors turned net sellers of Indian equities on Tuesday. Foreign investors sold stocks worth Rs 108 cror...

  • Markets Week Ahead: Earnings, Global Events Key as Sentiment Improves

    Markets Week Ahead: Earnings, Global Events Key as Sentiment Improves

    A slew of earnings from blue-chip including Maruti Suzuki and ICICI Bank are expected to set tone for the markets this week.

  • Sensex Up 200 Points, Nifty Hovers Around 8,000

    Sensex Up 200 Points, Nifty Hovers Around 8,000

    Among the Nifty companies Dr Reddy's Lab was the top gainer with 2.4 per cent gains and Hero MotoCorp was up 1.96 per cent on upbeat festive sales.

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