Tech Mahindra s attrition rate and net addition of employee counts will be keenly watched. Its peers TCS and Wipro have reduced their workforce in Q3FY23, while Infosys and HCL Tech made lower additions on a quarter-on-quarter basis.
Tech Mahindra Q3 update: The IT company has reported an EBITDA (earnings before interest, tax, depreciation and amortisation) at ₹2,144 crore, up 8.1% QoQ and 4.1% on-year
Tech Mahindra s attrition rate and net addition of employee counts will be keenly watched. Its peers TCS and Wipro have reduced their workforce in Q3FY23, while Infosys and HCL Tech made lower additions on a quarter-on-quarter basis.
Stock Markets HIGHLIGHTS: Domestic Equity markets ended Wednesday on a negative note, breaking a four-day winning streak. The stock markets traded in a narrow range today after opening in the green only to take a U-turn, minutes later. The sombre mood could be attributed to a big event scheduled later today. The US Federal Reserve Chair Jerome Powell will be announcing key policy rates around 12 am India time where is expected to raise interest rates by 75 bps. Get more Markets News and Business News on Zee Business.
Tech Mahindra share price today: Tech Mahindra stock rose 2.5 per cent to Rs 1,098.45 against the previous close of Rs 1071.65 on BSE. Market cap of the firm rose to Rs 1.04 lakh crore.