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Q4 Results 2022: Tech Mahindra, Welspun Enterprises and Uco Bank report jump in net profit; Escorts reports 28% dip in net

Q4 Results 2022: Tech Mahindra, Welspun Enterprises and Uco Bank report jump in net profit; Escorts reports 28% dip in net

Fri, May 13, 2022

Q4 Results 2022: Several listed companies announced their March quarter results on Friday. Among them were Tech Mahindra, Welspun Enterprises and Uco Bank, which reported a YoY jump in their net profits, while Escorts posted a dip in its PAT

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Stocks to buy with Anil Singhvi: Sanjiv Bhasin picks these 3 IT stocks for gains - Here's why

Stocks to buy with Anil Singhvi: Sanjiv Bhasin picks these 3 IT stocks for gains - Here's why

Thu, May 05, 2022

Market Expert and IIFL Securities Director Sanjiv Bhasin said that US Fed prices are priced in but the elephant in the room was the RBI move. 

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Investors' wealth tumbles over Rs 3.39 lakh crore as markets plunge

Investors' wealth tumbles over Rs 3.39 lakh crore as markets plunge

Mon, Apr 18, 2022

Investors' wealth tumbled over Rs 3.39 lakh crore in morning trade on Monday as equity markets went into a tailspin, with the Sensex plunging 1,291.93 points.

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Airtel, Tech Mahindra team up for digital solutions across 5G, private networks, cloud

Airtel, Tech Mahindra team up for digital solutions across 5G, private networks, cloud

Thu, Mar 31, 2022

Bharti Airtel and Tech Mahindra on Thursday announced a strategic partnership to jointly develop and market enterprise-grade digital solutions across 5G, private networks and cloud.

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Tech Mahindra to completely acquire Mumbai-based company Thirdware for Rs 320 cr

Tech Mahindra to completely acquire Mumbai-based company Thirdware for Rs 320 cr

Sun, Mar 13, 2022

The acquisition is expected to bolster Tech Mahindra's digital solutions and services in automotive consulting, design, development.

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Technical Check: 50% returns in a year! Tech Mahindra survives sell-off on D-St due to Russia-Ukraine war; should you buy?

Technical Check: 50% returns in a year! Tech Mahindra survives sell-off on D-St due to Russia-Ukraine war; should you buy?

Mon, Mar 07, 2022

The IT major outperformed benchmark indices on a 1-week, and 1-month basis amid volatility from the Russia-Ukraine war.  

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ITC, Tech Mahindra top buys for March series while investors can go short on Bajaj Finance: Mehul Kothari of Anand Rathi

ITC, Tech Mahindra top buys for March series while investors can go short on Bajaj Finance: Mehul Kothari of Anand Rathi

Mon, Mar 07, 2022

In an interview with Zeebiz's Kshitij Anand, Kothari highlights that history suggests that major bottoms are being made when the VIX is above 30 mark.

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Tech Mahindra unveils TechMVerse to drive commerce in Metaverse - All you need to know

Tech Mahindra unveils TechMVerse to drive commerce in Metaverse - All you need to know

Mon, Feb 28, 2022

IT major Tech Mahindra on Monday announced the launch of TechMVerse, its Metaverse practice, to deliver interactive and immersive experiences in the Metaverse for its customers.

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Buy, Sell or Hold: What should investors do with Tech Mahindra post Q3 results?

Buy, Sell or Hold: What should investors do with Tech Mahindra post Q3 results?

Wed, Feb 02, 2022

The most aggressive target price of Rs 2220 was put out by Nomura which translates into an upside of over 47 per cent from Rs 1506 recorded on 1st February.    

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Global View: Tech Mahindra, ITC and Cholamandalam Investment could give over 8-32% returns in 12 months

Global View: Tech Mahindra, ITC and Cholamandalam Investment could give over 8-32% returns in 12 months

Wed, Feb 02, 2022

Indian markets are likely to trade higher on Wednesday, tracking positive global cues, but there will be stock-specific action in which global brokerage came out with their reports on business development, or earnings outlook.  

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Tech Mahindra share price slips 6.5% in last 2 days after company announces acquisitions in Europe

Tech Mahindra share price slips 6.5% in last 2 days after company announces acquisitions in Europe

Wed, Jan 19, 2022

The stock on Wednesday declined over 2 per cent to Rs 1,628 per share on the BSE intraday trade. 

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Global View: UltraTech, Tech Mahindra and Devyani International could give 10-14% return

Global View: UltraTech, Tech Mahindra and Devyani International could give 10-14% return

Tue, Jan 18, 2022

The Indian markets are likely to consolidate on Tuesday tracking muted global cues, but there will be stock-specific action in which global brokerage came out with their reports on business development, or earnings outlook.  

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Tech Mahindra, MTNL hit consecutive 52-week highs—Here is Why

Tech Mahindra, MTNL hit consecutive 52-week highs—Here is Why

Tue, Dec 28, 2021

Shares of IT consulting and software giant Tech Mahindra on Tuesday hit a consecutive 52-week high after closing at Rs 1,791.95 per share on the BSE on Monday

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Buy, Sell or Hold: What should investors do with TTML, Tech Mahindra & L&T Finance Holding?

Buy, Sell or Hold: What should investors do with TTML, Tech Mahindra & L&T Finance Holding?

Mon, Dec 27, 2021

Indian market snapped a 3-day winning streak to close in the red on Friday. The S&P BSE Sensex fell nearly 200 points while the Nifty50 closed just a shade above 17000.  

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Technical Check: 60% in 2021! Base above 50 Days EMA in Tech Mahindra has set stage to push stock in new orbit

Technical Check: 60% in 2021! Base above 50 Days EMA in Tech Mahindra has set stage to push stock in new orbit

Fri, Dec 10, 2021

The IT major with a market capitalization of Rs 1.5 lakh cr hit a fresh 52-week high of Rs 1637 on 3 December, but since then it went under some consolidation.  

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Tech Mahindra acquires 100% stake in Activus Connect for Rs 466 crore

Tech Mahindra acquires 100% stake in Activus Connect for Rs 466 crore

Fri, Dec 03, 2021

IT company Tech Mahindra on Friday said it has acquired 100 per cent stake in Activus Connect, which provides work-at-home customer experience management solutions, for USD 62 million (about Rs 466 crore).

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Sector Spotlight: This analyst remains bullish on IT sector heavyweights for December series; picks 4 stocks for gains

Sector Spotlight: This analyst remains bullish on IT sector heavyweights for December series; picks 4 stocks for gains

Thu, Dec 02, 2021

Technical Analyst Nilesh Jain continues to be bullish on the It sector and puts his bet on the index heavyweights. He has been recommending IT stocks over the last 3-4 months. The spotlight remains on the IT sector, he added

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Global View: NYKAA, SBI Cards & Tech Mahindra could give 16-40% return

Global View: NYKAA, SBI Cards & Tech Mahindra could give 16-40% return

Thu, Dec 02, 2021

Indian market managed to bounce back on Wednesday pushing the benchmark indices above crucial resistance levels. The Nifty50 closed above 17,100 levels.  

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Tech Mahindra fixes record date for Rs 15 special dividend; shares zoom 6%

Tech Mahindra fixes record date for Rs 15 special dividend; shares zoom 6%

Tue, Oct 26, 2021

Tech Mahindra shares on Tuesday soared to a new high on back of September quarter result and announcement of record date for special dividend by the Information and Technology giant. 

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Tech Mahindra Q2FY22 Results: Consolidated profit slips marginally by 1% QoQ – check highlights here

Tech Mahindra Q2FY22 Results: Consolidated profit slips marginally by 1% QoQ – check highlights here

Mon, Oct 25, 2021

Information and Technology major Tech Mahindra has reported strong numbers on a year-on-year (yoy) basis, however, the numbers were muted on a quarter-on-quarter (qoq) basis during the second quarter of the financial year 2021-22 (Q2FY22). The company announced its result through a filing on exchanges.

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