Nuvama said Indian IT companies outperformed expectations in the September quarter, with profit margins led by forex gains, operational efficiencies and robust deal-wins
The market is likely to stay in positive terrain with improving sentiment. Below are some short-term trading ideas to consider.
Beyond tightening H-1B visa rules, demand uncertainties are also driving IT firms to focus on short-term contractors rather than hiring full-time employees.
The top five Indian IT companies have also reported steady fresher hiring numbers for H2.
Motilal Oswal is bullish on Tech Mahindra has recommended buy rating on the stock with a target price of Rs 1900 in its research report dated October 14, 2025.
Deven Choksey is bullish on Tech Mahindra has recommended buy rating on the stock with a target price of Rs 1754 in its research report dated October 15, 2025.
Prabhudas Lilladher recommended hold rating on Tech Mahindra with a target price of Rs 1500 in its research report dated October 15, 2025.
Choice Equity Broking is bullish on Tech Mahindra has recommended buy rating on the stock with a target price of Rs 1730 in its research report dated October 15, 2025.
ICICI Securities recommended hold rating on Tech Mahindra with a target price of Rs 1490 in its research report dated October 15, 2025.
There’s room for re-rating, as the company delivers on its promised turnaround strategy
Stocks to watch, 15 October: Stocks like Tech Mahindra, Persistent Systems, ICICI Lombard General Insurance Company, Cyient DLM, Thyrocare Technologies, Kolte-Patil Developers, Sula Vineyards, Ashiana Housing, Keystone Realtors, Saatvik Green Energy, Mishra Dhatu Nigam, G R Infraprojects, and Hyundai Motor India will be in focus on October 15.
Tech Mahindra CEO Mohit Joshi described it as a “significant technical milestone,” noting that with 1 trillion parameters, the IT major’s LLM would rank among the largest AI models currently under development worldwide.
The company’s last twelve-month (LTM) attrition has inched up to 12.8 percent, from 12.6 percent in the previous quarter.
Tech Mahindra Q2 results: Revenue from operations rises 5% to Rs 13,995 crore
Net Sales are expected to increase by 2.7 percent Q-o-Q (up 3 percent Y-o-Y) to Rs. 13,710 crore, according to Prabhudas Lilladher.
The consolidation may continue until the market moves back above the short-term moving averages. Below are some short-term trading ideas to consider.
The market is expected to see some consolidation in the upcoming sessions after the recent sharp downmove. Below are some short-term trading ideas to consider.
Apart from the 500 data labs, an AI framework will also be launched within 10 days by MeitY and the Office of the Principal Scientific Adviser.
The market is expected to maintain bullish momentum after surpassing the August swing high. Below are some short-term trading ideas to consider.
Stocks to Watch, 17 September: Stocks like Urban Company, Jindal Steel, PNC Infratech, Akzo Nobel India, RailTel Corporation of India, Coal India, Tech Mahindra, Bharat Electronics, Dev Accelerator, Amber Enterprises, NLC India, and Premier Explosives will be in focus on September 17.
The frontline indices are likely to rally if they start trading above all key moving averages. Below are some short-term trading ideas to consider.
Tech Mahindra has incorporated a new wholly-owned subsidiary in Saudi Arabia to manage its operations in Bahrain and Egypt. This move comes shortly after its Italian design subsidiary Pininfarina boosted its stake in Signature S.r.l. from 24 percent to 84 percent.
US-China trade truce, hopes of softer US CPI among key factors boosting investor optimism on IT stocks on August 12