There was delay due to technical reasons in the transfer of unspent CSR amount for FY21.

Tech Mahindra’s Comviva Penalised Rs 1 lakh For CSR Delay For PM Relief Fund

Mkt indices up on buying in RIL; gains restricted by FII outflows & mixed global trends. Sensex up 74.43 pts to 66,005.20; Nifty up 26.15 pts to 19,809.55. Gains led by Power Grid, Titan, Sun Pharma, Reliance, HUL, Asian Paints, Tata Motors, Tech Mahindra, Nestle & ITC. Kotak Mahindra, ICICI Bank, I…

Sensex, Nifty climb on buying in Reliance

Stocks to watch: Shares of firms like SBI Cards, Vedanta, Tech Mahindra, Cipla, Bharti Airtel, and others will be in focus on Monday’s trade.

Stocks to Watch: SBI Cards, Vedanta, Tech Mahindra, Cipla, Bharti Airtel, and Others - News18

Among the Sensex firms, Tata Consultancy Services, HCL Technologies, Tech Mahindra, Infosys, Bajaj Finance, NTPC, Mahindra & Mahindra and Bajaj Finserv were among the major gainers.

Markets rally for 2nd day on buying in IT stocks

Mumbai equity indices jump in early trade on global rally; JSW Steel, Tech Mahindra, Tata Steel, Infosys, Wipro, TCS, HCL Tech, Axis Bank gain. U.S. inflation data a game changer; Fed done with rate hikes, timeline for rate cuts in 2024 likely to be advanced.

Sensex, Nifty jump on rally in global markets

Mahindra & Mahindra says it witnessed robust performance across all businesses except Tech Mahindra which was impacted by weak demand and exits from non core accounts

Mahindra & Mahindra Q2 Results: Net Profit Rises 6% at Rs 2,348 Crore, Revenue Up 15% - News18

The Tech Mahindra CEO said that this news is a lot more than just a new building project.

‘It’s a geopolitical statement’: Anand Mahindra reacts to Google building second-largest office in Hyderabad

Equity indices surge in early trade; Sensex up 414 pts, Nifty at 19,258. Tata Motors, Tech Mahindra, ICICI Bank, Titan, Mahindra & Mahindra, Sun Pharma gain. Global markets, Brent crude up; U.S. S&P rises 1.9%. FIIs offload equities worth ₹1,261.19 crore. Sensex up 0.77%, Nifty 0.76% on Thursday.

Markets continue to rally on positive global trends

Tech Mahindra MD and CEO C P Gurnani says Narayana Murthy did not say work 70 hours for the company but he meant work 40 hours for the company but work 30 hours for yourself, Gurnani says ’70 Hours of Work Can Differentiate You As A Youngster’

’70 Hours A Week Work Can Differentiate You As A Youngster’: Tech Mahindra CEO C P Gurnani - News18

Equity indices fall in early trade; Sensex down 179 points. Major laggards: Tata Motors, M&M, Maruti, Power Grid, Bajaj Finance, L&T, Titan, Axis Bank. Gainers: RIL, Tech Mahindra, UltraTech Cement, TCS.

Sensex, Nifty fall in early trade on continuous foreign fund outflows, sluggish trend in global markets

Nifty declines for 2nd week; Hits 3-month low. Nifty down 2.5% this week; UPL, Adani Enterprises lead losses. Nifty Midcap index hits 2-month low this week; Laurus Labs, Macrotech Developers drag most. Nifty Metal index hits 3-month low this week; Top loser dragged by Hindustan Copper, Welspun Corporation. Nifty Bank index hits 6-month low this week; Bandhan Bank, Federal Bank lead losses. Nifty FMCG index hits 4-month low this week; United Spirits, Colgate Palmolive drag most. Nifty IT index hits 2 month low this week; LTI Mindtree, Tech Mahindra lead losses
#closingtrade #stockmarket #etnow
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Nifty Declines For 2nd Week; Hits 3-Month Low, Bandhan Bank, Federal Bank Lead Losses |Closing Trade

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Tech Mahindra Limited is engaged in the business of computer programming, consultancy and related services. It's segments include Information Technology (IT) Services and Business Processing Outsourcing (BPO).