tech mahindra

What should investors do with Tech Mahindra post Q4: buy, sell or hold?

Credit Suisse maintained its outperform rating on Tech Mahindra while Jefferies maintained its buy rating on Tech Mahindra with a target price of Rs 880

Tech Mahindra Consolidated March 2019 Net Sales at Rs 8,892.30 crore, up 10.4% Y-o-Y

Tech Mahindra Standalone March 2019 Net Sales at Rs 7,064.60 crore, up 17.34% Y-o-Y

Spectrum auction need to be commenced for 5G roll out: Tech Mahindra

Manish Vyas, President of Communications Business and Chief Executive Officer of Network Services, Tech Mahindra said 4G is yet to touch all parts of the country, and while that happens on a massive scale, there are some "definite green-shoots" of 5G trials.

Tech Mahindra to post Q4 earnings today; here's what brokerages expect

The IT major is expected to come out with its March quarter earnings on May 21.

Chart Check: Here’s what investors should do with Vodafone Idea, Tech Mahindra

After choking on bear grip for nine straight sessions, the bulls got some breathing space on may 14

IT stocks trade lower as Cognizant cuts 2019 revenue guidance

At 1121 hrs, the Nifty IT index was trading at 16,191.35, down 1.29 percent. All the constituent stocks are trading in the negative, with TCS being the biggest loser, down 2.05 percent

'Bet on TechM, Wipro and Mindtree for better return among IT stocks'

Both TCS and Infosys hold 27 percent each in the index weight and they are likely to take leadership alternatively to help index inch up

TechM to buy 18.1% stake each in lnfotek Software and Systems, Vitaran for up to Rs 13 cr

"...the Investment Committee of the Board of Directors of the company has approved the proposal to acquire 18.1 per cent equity shares each of ISS and Vitaran Electronics," Tech Mahindra said in a regulatory filing.

Tech Mahindra Q4 PAT may dip 10.3% QoQ to Rs. 1,078.5 cr: Prabhudas Lilladher

Net Sales are expected to increase 11 percent Y-o-Y to Rs. 8,939.2 crore, according to Prabhudas Lilladher.

Tech Mahindra Q4 PAT may dip 5.7% QoQ to Rs. 1,134.3 cr: Kotak

Net Sales are expected to increase by 0.6 percent Q-o-Q (up 15.7 percent Y-o-Y) to Rs. 8,997.2 crore, according to Kotak.

Expect strong Q4 growth from Infosys, TCS and HCL Tech: Kotak Equities

According to the report, growth in the IT sector will be led by the increasing number of large deals won by companies over the past two quarters

Ongoing trend of consolidation in IT sector: Manoj Bhat, CFO, Tech Mahindra

"Around 75 percent of our book is hedged for the next few quarters," Bhat added.

Tech Mahindra to acquire K-Vision for $1.5 mn to expand 5G business

K-Vision provides network services for mobile communications to telecom operators in Japan. The company earned revenue of $4.8 million during 12-month period ended January 31, 2019.

Enterprises look to Digital Transformation to respond to exponential change: Report

ISG Provider Lens report examines five client archetypes and evaluates providers for digital transformation journeys.

Podcast | Editor’s pick of the day – What is a share buyback?

Last week, the board of India's fifth largest IT company Tech Mahindra approved a share buyback for a total sum not exceeding 1,956 crore rupees at a price of 950 rupees per share.

D-Street Buzz: Auto stocks extend rally led by Tata Motors, Eicher Motors; PNB jumps 8%, Tech Mahindra drags

The breadth of the market favoured the advances with 1501 stocks advancing and 251 declining while 333 remained unchanged. On the BSE, 2041 stocks advanced, 580 declined and 163 remained unchanged.

Tech Mahindra's Rs 1,956-cr share buyback: Should you tender your shares?

Vineeta Sharma of Narnolia Financial Advisors said investor with a short term, one-year horizon may tender shares for the buyback, while those having a long term horizon may continue holding the stock.

Tech Mahindra to buyback 2.05 crore shares for Rs 1,956 crore

Speaking on its first buyback, Manoj Bhat, CFO of Tech Mahindra, said the company will adopt a dividend plus buyback strategy

Tech Mahindra and Rakuten set up 5G Lab in Tokyo

The 'Rakuten Cloud Innovation Laboratory' is a fully automated testing facility that aims to foster innovation across mobile network, IT digital architecture, cloud and enterprise applications, a statement said.

Expect some stresses and strains to ease off in FY20: Tech Mahindra

Tech Mahindra is aiming to beat the Nasscom industry guidance for the next fiscal, says CEO CP Gurnani.

Buy Tech Mahindra; target of Rs 860: Motilal Oswal

Motilal Oswal is bullish on Tech Mahindra has recommended buy rating on the stock with a target price of Rs 860 in its research report dated February 05, 2019.

IT sector to see strong earnings growth in 2019; Infosys and HCL Tech top bets: CLSA

CLSA expects NASSCOM, the trade association of Indian IT-BPM industry, to guide for 8-10 percent growth for the industry in FY20

Tech Mahindra gains 3% ahead of board meeting to consider share buyback proposal

While maintaining overweight call on the stock with a price target at Rs 830, global brokerage house Morgan Stanley said the buyback could be its first ever and positive for sentiment

Market Headstart | Nifty likely to open higher on upbeat Asian market cues

Trends on SGX Nifty indicate a positive opening for the broader index in India, a rise of 16.5 point, or 0.15%. Nifty futures were trading around 10,771-level on the Singaporean Exchange.