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Tech Mahindra Q4 Results: PAT plunges 41% YoY to Rs 661 cr; Rs 28/share dividend declared

Tech Mahindra Q4 Results: Tech Mahindra reported a 41% YoY drop in March quarter net profit to Rs 661 crore. Revenue fell 6.2% YoY to Rs 12,871.30 crore. FY24 PAT was Rs 2,396.80 crore. ....

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Tech Mahindra's big push for growth: Will new CEO & MD Mohit Joshi's strategy work?

Under new boss Mohit Joshi, Tech Mahindra is drawing up an interesting growth story. But there are numerous challenges ....

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Tech Mahindra's New Growth Code

The change of guard at the top at Mahindra group IT services company Tech Mahindra is significant in more ways than one. Enter the new CEO & MD Mohit Joshi, an Infosys veteran, and winds of change are already blowing across Tech Mahindra’s corridors. In BT's latest issue, Joshi spells out his growth strategy for Tech Mahindra. Plus, a ground report on the state of India’s micro, small and medium enterprises (MSMEs) and the problems and obstacles they continue to face. All this and more in BT's latest issue. Out on stands now ....

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Brokerages await Tech Mahindra new CEO's turnaround plan post Q3; should you buy, sell, or hold?

Analysts at Nomura shared a buy call for Tech Mahindra, with a target price of Rs 1,470 saying that the Q3 financials were above estimates on growth front ....

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Tech Mahindra falls 5% on weak Q2 earnings: Should you still buy?

Shares of Tech Mahindra fell on Thursday after it reported a sharp fall in its net profit in the Sept quarter (Q2FY24). It also failed to meet street expectations on both profit and revenue. Further cuts in target prices and earnings estimates by various brokerages also kept the sentiment negative. ....

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