tech mahindra share price

Tech Mahindra share price: Tech Mahindra shares zoom 10% as strong FY27 vision overshadows weak Q4 numbers

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Shares of IT major Tech Mahindra today hit the 10% upper circuit limit at Rs 1,242.4 on BSE despite reporting a 41% year-on-year (YoY) drop in its March quarter profit as investors appreciated new CEO Mohit Joshi’s FY27 strategy to take the company ahead of peers’ average growth and to a 15% EBIT margin. While … Read more

IT stocks to buy: IT stocks at inflection point? Both FIIs, mutual funds up stake in Q3

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Betting that IT stocks could be traversing an inflection point as the growth momentum may bottom out over the next few months and a return to growth over CY24 on the back of easing of several headwinds and new drivers taking over, both FIIs and mutual funds increased their shareholding in most largecaps.MF holding in … Read more