JPMorgan maintained a neutral rating on Tata Motors with a target price of Rs 635. JLR outperformed peers in the US and China but underperformed in the European region.

Goldman Sachs sees revenue growth for India's IT sector companies picking up, driven by pent-up demand for IT services and the impact of adopting generative artificial intelligence (AI) tech.

On August 9, Trendlyne reported that over 40 Nifty 50 stocks had witnessed the formation of the Golden Crossover. Among these, ETMarkets has carefully selected 10 stocks to explore this pattern and delve into its significance.

“Birlasoft has seen a CEO change about three quarters back. We think the new CEO in-charge is clearly very driven and given the background and track record he brings with him, he can clearly change the growth velocity and growth trajectory of the company for the foreseeable future. Likewise, Tech Mahindra is undergoing a CEO change after almost 20 years.”

Tech Mahindra, incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 125594.90 Crore) operating in IT Software sector.

Tata Consumer Products' profit rose 30% YoY to Rs 359 crore in the first quarter. Revenue from operations during the quarter increased 12% YoY to Rs 3,741 crore.

I would just say that this thing provides an opportunity once in a decade kind of situation where we should look at it in the perspective that this could be the worst and worst is probably behind.

With Infosys' contract for providing technology support for Goods and Services Tax (GST) ending in September 2024, GST Network (GSTN) has started scouting for a consultancy firm to prepare the bid document for the selection of a new service provider and a roadmap for transitioning the system capacity to the next level -- GST 2.0.

Soneja was heading Edge Products at Infosys when Mohit Joshi, managing director and CEO-designate at Tech Mahindra, was president at the Bengaluru-based software company.

September 7 witnessed an exciting development in the Indian stock market, as five prominent Nifty50 stocks surged to new 52-week highs

From the Sensex pack, Infosys, Tech Mahindra, TCS, Wipro, HCL Tech, and Bajaj Finserv opened with gains, while Power Grid, M&M, NTPC, Asian Paints, Sun Pharma and Bharti Airtel opened with cuts.

The June quarter shareholding pattern data shows that FIIs pared their stake in Infosys by another 165 bps to 33.44%. In the case of Tech Mahindra, which will report its Q1 results on Wednesday, FII holding went down by 118 bps to 25.69%.

​Now, 19,500 is one level which we are keeping an eye on, in case this is navigated safely in the next couple of days we may very well be headed for 19,800 and possibly 20,000 by the end of this month as well.

There is improvement in demand trends, topline growth, and gross margins. Easing inflation is likely to expand margins after 1000 nine quarters decline. The management is optimistic about the outlook.

“It is my time to hang my boots with both anticipation and hope for the future," Parekh wrote to HDFC shareholders for the last time as chairman. "While this will be my last communication to shareholders of HDFC, rest assured we now stride tall into a very exciting future of growth and prosperity."

Revenue from $2.1 billion deal to start flowing in from November, may bump up FY24 sales by 1.1%

Several BSE Sensex stocks including ICICI Bank, Nestle India, Reliance Industries, and Tech Mahindra reached their 52-week highs on Monday, July 17, signaling strong performance and potential investment opportunities.

The NSE Nifty index closed 66.45 points up at 19389.0

Power Grid, Bajaj Auto, Hero MotoCorp, Tech Mahindra and Maruti Suzuki were among the top losers on NSE.