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

Tech Mahindra's shares surge despite profit drop, backed by new CEO's growth strategy. Analysts cautious yet optimistic about the company's future performance and turnaround plan.

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active stocks: Share market update: Most active stocks of the day in terms of total traded value

The NSE Nifty index was trading 53.15 points down at 22517.2

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Tech Mahindra share price skyrockets 10% after Q4 results. Should you buy on the rise? Here's what experts say

Tech Mahindra surged 10% in intraday trading to ₹1309/share despite lackluster financial results for Q4 FY24 and FY24. The company aims for ambitious objectives by FY27, but brokerage firms like Nuvama, Centrum, and Systematix maintain 'Reduce' or 'Sell' ratings due to near-term challenges.

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Tech Mahindra share price jumps 10% after Q4 results: Should you buy?

Tech Mahindra share price: This comes after the company's CEO and MD Mohit Joshi detailed a three-year roadmap to turn around the company.

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Tech Mahindra Share Price Target 2024: Shares Hit Upper Circuit Post Q4 Earnings 'BUY, SELL Or HOLD'? Check Brokerage Recommendations

​Tech Mahindra has reported a decline in its net profit for the March quarter of the fiscal year 2023-24, marking a 41 per cent year-on-year drop to Rs 661 crore., Markets News - Times Now

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active stocks: Share market update: Most active stocks of the day in terms of traded value

The NSE Nifty index closed 150.4 points down at 22419.95

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Tech Mahindra Q4 result preview: Profit, revenue may shrink YoY; updated on CME vertical, leadership to be in focus

Tech Mahindra Q4 result preview: Tech Mahindra's revenue growth in Q4 may remain muted, and profit numbers could fall year-on-year. However, the IT firm is expected to report a sequential rise in profit numbers due to the low base of the last quarter.

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Tech Mahindra acquires 100% stake in Orchid Cybertech for $3.27 million

The acquisition of Orchid Cybertech Services (OCSI) is expected to bolster this relationship, facilitating seamless transitions and incremental revenue opportunities.

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Tech Mahindra share price: Tech Mahindra shares plunge 6% on Q3 earnings. Here's what brokerages recommend

Shares of Tech Mahindra fell more than 6% following disappointing Q3 results. Kotak Institutional Equities and Nuvama retained their 'Reduce' ratings. Kotak highlighted the long turnaround journey for Tech Mahindra despite healthy revenue growth, citing macro challenges and weak telecom outlook. Nuvama called Q3 earnings a mixed bag with an uncertain outlook, noting lower EBIT margin and weak bookings.

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Tech Mahindra share price cracks over 6% after Q3 result

Tech Mahindra share price cracked over 6 per cent on the BSE on Thursday, January 25.

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