February 2021 proved to be a roller coaster ride for the Nifty 50 index, where the first trading day of the month saw a 5 per cent rise in the index, while the last day witnessed a correction of 4 per cent.
Tech Mahindra share price fell as much as 4.18 per cent to Rs 921.40 apiece on BSE today, even as the IT firm posted a 14.3 per cent rise in its consolidated net profit in the October-December quarter.
BSE Sensex and Nifty 50 are expected to open in the positive territory on Wednesday, as suggested by trends in SGX Nifty. Nifty futures were trading 40.50 points or 0.28 per cent up at 14,641 on Singaporean Exchange.
Tata Consultancy Services (TCS) share price jumped 3.5 per cent to hit a fresh 52-week high of Rs 3,230 apiece on BSE today, following better-than-expected October-December quarter results for the fiscal.
Tech Mahindra has seen growth momentum accelerate over FY20 thanks to a spate of large deals across telecom, healthcare and insurance. It has been able to pivot its service portfolio to digital services.
Tech Mahindra’s Q4FY16 revenue at $1,023m (up 0.8% q-o-q and 1.3% in CC) was in line with Street’s estimate (0.5%), while Ebdita (earnings before depreciation, interest, taxes and amortisation) margin at 16.9% (16.5% esti
Tech Mahindra Q4 results: The company reported 18 per cent quarter-on-quarter rise in its consolidated net profit figures at Rs 897.08 crore for the quarter under review against Rs 759.24 crore in the sequential quarter ended
The Tech Mahindra-funded MAAS (MicroGrid as a Service) has entered into a strategic collaboration with SAP to develop a citizen platform, CAPE - Community Action Plan for energy, a TechM statement said.
Infosys, TCS and Tech Mahindra fell after the US Congress doubled a special fee on the popular H-1B and L-1 visas raising it up to $4,500 to fund a 9/11 healthcare act and biometric tracking system that will hit Indian IT com