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Tech Mahindra shares plunge 6% on sharp YoY drop in Q3 profit; details here

Tech Mahindra share price: The stock slipped 6.09 per cent to hit a day low of Rs 1,322 against a previous close of Rs 1,407.75. The counter, which scaled its one-year high level of Rs 1,416 a couple of days back, has risen around 28 per cent in the past one year.
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Tech Mahindra Q2 results: Net profit falls 62% in Q2; co declares interim dividend

IT firm Tech Mahindra Ltd reported a 61.6% year-on-year (YoY) fall in net profit at Rs 494 crore for the September quarter compared with Rs 1,285.4 crore in the corresponding quarter last year. The board approved an interim dividend of Rs 12/- per equity share of Rs. 5/- each i.e. 240% of the face value. The board fixed Thursday November 2, 2023 as the record date for determining the members entitled to receive the interim dividend.
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Day trading guide for today: Six stocks to buy or sell on Friday — 8th September

Day trading stocks: Market experts have recommended six stocks to buy today Tata Motors, Tech Mahindra, Zomato, EID Parry, DLF and IndusInd Bank ....

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TCS, Wipro, Tech Mahindra: As AI projects take centrestage, Indian IT companies bet big on employee skilling

This trend in investment in employee skilling at IT companies comes at the back of peaked interest in generative AI among clients in the sector. ....

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Tech Mahindra shares test Rs 1,100 level; brokerages suggest up to 21% potential downside

Tech Mahindra share price: At today's closing price of Rs 1,100.30, the stock was down 13.38 per cent from its 52-week high of Rs 1,270.35, a level seen on July 17, 2023. Yet, it was up 11.94 per cent from its one-year low price of Rs 982.95, hit on April 28 this year ....

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