Edition:
India

Tech Mahindra Ltd (TEML.NS)

TEML.NS on National Stock Exchange of India

704.05INR
3:29pm IST
Change (% chg)

Rs21.25 (+3.11%)
Prev Close
Rs682.80
Open
Rs686.05
Day's High
Rs705.90
Day's Low
Rs683.70
Volume
3,127,391
Avg. Vol
3,056,680
52-wk High
Rs846.50
52-wk Low
Rs607.15

Latest Key Developments (Source: Significant Developments)

Tech Mahindra Says Mitsubishi UFJ Financial Group Buys Indirect 8.98% Stake In Co
Tuesday, 6 Aug 2019 

Aug 6 (Reuters) - Tech Mahindra Ltd ::MITSUBISHI UFJ FINANCIAL GROUP BUYS INDIRECT 8.98% STAKE IN CO.  Full Article

Tech Mahindra Approves Proposal To Buy Majority Stake In Mad Pow Media Solutions
Tuesday, 30 Jul 2019 

July 30 (Reuters) - Tech Mahindra Ltd ::SAYS APPROVED PROPOSAL TO ACQUIRE MAJORITY STAKE IN MAD POW MEDIA SOLUTIONS.SAYS ENTERPRISE VALUE OF 100% OF CO IS US$25.3 MILLION.  Full Article

India's Tech Mahindra June Qtr Consol PAT Rises
Tuesday, 30 Jul 2019 

July 30 (Reuters) - Tech Mahindra Ltd ::JUNE QUARTER CONSOL PAT 9.49 BILLION RUPEES VERSUS PROFIT OF 9 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR JUNE QUARTER CONSOL PROFIT WAS 9.77 BILLION RUPEES.JUNE QUARTER CONSOL REVENUE FROM OPERATIONS 86.53 BILLION RUPEES VERSUS 82.76 BILLION RUPEES LAST YEAR.  Full Article

Tech Mahindra Approves Acquisition Of Stake In K-Vision Co Via Unit
Thursday, 14 Mar 2019 

March 14 (Reuters) - Tech Mahindra Ltd ::TECH MAHINDRA-APPROVED PROPOSAL TO ACQUIRE SHAREHOLDING IN K-VISION CO., LTD. THROUGH A WHOLLY OWNED SUBSIDIARY OF COMPANY.TECH MAHINDRA-ENTERPRISE VALUE OF THE DEAL IS US$ 1.5 MILLION.  Full Article

Tech Mahindra Says HC Allows Writ Petition Filed By Satyam Computer Services
Tuesday, 1 Jan 2019 

Jan 1 (Reuters) - Tech Mahindra Ltd ::TECH MAHINDRA - HC ALLOWS WRIT PETITION FILED BY SATYAM COMPUTER SERVICES AND SET ASIDE IMPUGNED ORDER PASSED BY DIRECTORATE OF ENFORCEMENT, HYDERABAD.  Full Article

India's Tech Mahindra Sept-Qtr Consol Profit Up About 27 Pct
Tuesday, 30 Oct 2018 

Oct 30 (Reuters) - Tech Mahindra Ltd ::SEPT QUARTER CONSOL NET PROFIT 10.64 BILLION RUPEES VERSUS PROFIT OF 8.36 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR SEPT QUARTER CONSOL PROFIT WAS 10.04 BILLION RUPEES.SEPT QUARTER CONSOL REVENUE FROM OPERATIONS 86.30 BILLION RUPEES VERSUS 76.06 BILLION RUPEES LAST YEAR.SAYS Q2 TOTAL HEADCOUNT AT 118,391, UP 4,839 Q-O-Q.SAYS ACTIVE CLIENT COUNT STOOD AT 930 IN Q2, UP BY 4 Q-O-Q.  Full Article

Tech Mahindra And Avaamo Partner To Take Conversational AI Platform To Global Markets
Friday, 7 Sep 2018 

Sept 7 (Reuters) - Tech Mahindra Ltd ::SAYS CO AND AVAAMO PARTNER TO TAKE CONVERSATIONAL AI PLATFORM TO GLOBAL MARKETS.  Full Article

Tech Mahindra Says Vineet Nayyar, Non-Exec Director And Vice Chairman, Retired As Director
Thursday, 2 Aug 2018 

Aug 2 (Reuters) - Tech Mahindra Ltd ::VINEET NAYYAR, NON-EXECUTIVE DIRECTOR AND VICE CHAIRMAN, RETIRED AS DIRECTOR.  Full Article

India's Tech Mahindra June-Qtr Consol Net Profit Up About 12 Pct
Monday, 30 Jul 2018 

July 30 (Reuters) - Tech Mahindra Ltd ::JUNE QUARTER CONSOL NET PROFIT 8.98 BILLION RUPEES.JUNE QUARTER CONSOL REVENUE FROM OPS 82.76 BILLION RUPEES.CONSENSUS FORECAST FOR JUNE QUARTER CONSOL PROFIT WAS 9.08 BILLION RUPEES.SAYS TOTAL HEADCOUNT AS ON JUNE-END AT 113,552, UP 745 Q-O-Q.JUNE QUARTER CONSOL NET PROFIT LAST YEAR WAS 7.99 BILLION RUPEES, CONSOL REVENUE FROM OPERATIONS WAS 73.36 BILLION RUPEES LAST YEAR.SAYS ACTIVE CLIENT COUNT STOOD AT 926 IN Q1, ADDS 13 ACTIVE CLIENTS QOQ.THE ALERTS FOR PROFIT AND REVENUE WERE FIRST SOURCED FROM TV AND LATER CONFIRMED AS CONSOLIDATED FIGURES FROM A PRESS RELEASE ON THE NSE EXCHANGE.  Full Article

Tech Mahindra Exec Says Setting Up 3 Centres Of Excellence Including One In Silicon Valley
Friday, 25 May 2018 

May 25 (Reuters) - Tech Mahindra Ltd CEO C P Gurnani & CFO Milind Kulkarni: :EXEC SAYS SETTING UP THREE CENTRES OF EXCELLENCE INCLUDING ONE IN SILICON VALLEY.EXEC SAYS THERE IS GROWTH IN DEAL PIPELINE, NUMBER OF DIGITAL TRANSFORMATION DEALS IS INCREASING DRAMATICALLY.EXEC SAYS GDPR IMPLEMENTATION TO HELP CO'S CYBER SECURITY PRACTICE.EXEC SAYS HUGE GROWTH IN WI-FI BUSINESS TO HELP CO.EXEC SAYS AS AND WHEN 5G INVESTMENTS STARTS, CO READY TO TAKE ADVANTAGE OF IT.  Full Article

Indian shares extend gains; Tech Mahindra leads gains on AT&T deal

Sept 6 Indian shares rose for a third straight session on Friday, in line with gains in broader Asia, as U.S.-China trade tensions eased, with IT firm Tech Mahindra Ltd leading gains after scoring a deal with U.S. telecoms firm AT&T Inc.

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