Tech Mahindra Ltd (TEML.NS)
16 Nov 2018
** Tech Mahindra Ltd's shares rise as much as 7.4 pct to 736 rupees, in their biggest intraday pct gain since May 2016
Software services exporter Tech Mahindra Ltd posted a better-than-expected 27.3 percent rise in second-quarter net profit on Tuesday, as it clocked more deals in the July-September period.
Oct 30 Software services exporter Tech Mahindra Ltd posted a better-than-expected 27.3 percent rise in second-quarter net profit on Tuesday, as it clocked more deals in the July-September period.
** Shares of Tech Mahindra Ltd fall as much as 3.33 pct to 646 rupees, their lowest since Aug. 10
** Expect divergent organic growth across top-tier Indian IT services cos in Q2, with Tata Consultancy Services Ltd leading at 3.8 pct q-o-q - Jefferies
** Benefits from rupee depreciation to be different across Indian IT companies, with maximum positive impact on Tata Consultancy Services Ltd and Tech Mahindra Ltd among large caps and Persistent Systems Ltd among midcaps - Macquarie Research
Aug 31 ** Shares of Tech Mahindra Ltd gain as much as 3.96 pct to a record high of 760.9 rupees
Aug 21 Indian shares posted fresh closing highs on Tuesday after touching life-highs earlier in the session, amid renewed buying in pharmaceuticals and IT stocks.
** Shares of software services provider Tech Mahindra Ltd rise as much as 4.3 pct to 683.75 rupees
Software services exporter Tech Mahindra Ltd posted on Monday a lower-than-expected first-quarter profit, dented by higher expenses.