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Tech Mahindra Rises 10% On CEO s 3-Year Plan To Turn Around Business; Should You Invest?

Tech Mahindra rallied 10 per cent in Friday's trade despite the IT major's weak set of March quarter results; Should you buy?

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Tech Mahindra hits 10% upper circuit after unveiling 3-year turnaround roadmap

Tech Mahindra CEO and MD, Joshi, said that the turnaround will be happening in phases based on the fiscal year

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Tech Mahindra CEO Mohit Joshi chalks out 3-year plan to turn around business in phases

By FY27, Tech Mahindra has set a goal to expand EBIT margin to 15 percent and have higher topline growth as compared to peer average of top six-seven IT services players.

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