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Tech Mahindra Ltd (TEML.NS)

TEML.NS on National Stock Exchange of India

709.30INR
10:15am GMT
Change (% chg)

Rs3.95 (+0.56%)
Prev Close
Rs705.35
Open
Rs706.00
Day's High
Rs713.00
Day's Low
Rs697.10
Volume
2,593,714
Avg. Vol
3,573,569
52-wk High
Rs780.80
52-wk Low
Rs485.30

Latest Key Developments (Source: Significant Developments)

India's Tech Mahindra Sept-Qtr Consol Profit Up About 27 Pct
Tuesday, 30 Oct 2018 

Oct 30 (Reuters) - Tech Mahindra Ltd ::SEPT QUARTER CONSOL NET PROFIT 10.64 BILLION RUPEES VERSUS PROFIT OF 8.36 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR SEPT QUARTER CONSOL PROFIT WAS 10.04 BILLION RUPEES.SEPT QUARTER CONSOL REVENUE FROM OPERATIONS 86.30 BILLION RUPEES VERSUS 76.06 BILLION RUPEES LAST YEAR.SAYS Q2 TOTAL HEADCOUNT AT 118,391, UP 4,839 Q-O-Q.SAYS ACTIVE CLIENT COUNT STOOD AT 930 IN Q2, UP BY 4 Q-O-Q.  Full Article

Tech Mahindra And Avaamo Partner To Take Conversational AI Platform To Global Markets
Friday, 7 Sep 2018 

Sept 7 (Reuters) - Tech Mahindra Ltd ::SAYS CO AND AVAAMO PARTNER TO TAKE CONVERSATIONAL AI PLATFORM TO GLOBAL MARKETS.  Full Article

Tech Mahindra Says Vineet Nayyar, Non-Exec Director And Vice Chairman, Retired As Director
Thursday, 2 Aug 2018 

Aug 2 (Reuters) - Tech Mahindra Ltd ::VINEET NAYYAR, NON-EXECUTIVE DIRECTOR AND VICE CHAIRMAN, RETIRED AS DIRECTOR.  Full Article

India's Tech Mahindra June-Qtr Consol Net Profit Up About 12 Pct
Monday, 30 Jul 2018 

July 30 (Reuters) - Tech Mahindra Ltd ::JUNE QUARTER CONSOL NET PROFIT 8.98 BILLION RUPEES.JUNE QUARTER CONSOL REVENUE FROM OPS 82.76 BILLION RUPEES.CONSENSUS FORECAST FOR JUNE QUARTER CONSOL PROFIT WAS 9.08 BILLION RUPEES.SAYS TOTAL HEADCOUNT AS ON JUNE-END AT 113,552, UP 745 Q-O-Q.JUNE QUARTER CONSOL NET PROFIT LAST YEAR WAS 7.99 BILLION RUPEES, CONSOL REVENUE FROM OPERATIONS WAS 73.36 BILLION RUPEES LAST YEAR.SAYS ACTIVE CLIENT COUNT STOOD AT 926 IN Q1, ADDS 13 ACTIVE CLIENTS QOQ.THE ALERTS FOR PROFIT AND REVENUE WERE FIRST SOURCED FROM TV AND LATER CONFIRMED AS CONSOLIDATED FIGURES FROM A PRESS RELEASE ON THE NSE EXCHANGE.  Full Article

Tech Mahindra Exec Says Setting Up 3 Centres Of Excellence Including One In Silicon Valley
Friday, 25 May 2018 

May 25 (Reuters) - Tech Mahindra Ltd CEO C P Gurnani & CFO Milind Kulkarni: :EXEC SAYS SETTING UP THREE CENTRES OF EXCELLENCE INCLUDING ONE IN SILICON VALLEY.EXEC SAYS THERE IS GROWTH IN DEAL PIPELINE, NUMBER OF DIGITAL TRANSFORMATION DEALS IS INCREASING DRAMATICALLY.EXEC SAYS GDPR IMPLEMENTATION TO HELP CO'S CYBER SECURITY PRACTICE.EXEC SAYS HUGE GROWTH IN WI-FI BUSINESS TO HELP CO.EXEC SAYS AS AND WHEN 5G INVESTMENTS STARTS, CO READY TO TAKE ADVANTAGE OF IT.  Full Article

Tech Mahindra Launches Tech Mahindra NxT In Israel
Monday, 15 Jan 2018 

Jan 15 (Reuters) - Tech Mahindra Ltd ::TECH MAHINDRA LTD ANNOUNCES LAUNCH OF TECH MAHINDRA NXT IN ISRAEL.  Full Article

India's Tech Mahindra Buys Further 32.07 Pct Stake In Comviva Technologies
Friday, 22 Dec 2017 

Dec 22 (Reuters) - Tech Mahindra Ltd ::ACQUIRED FROM BHARTI GROUP FURTHER STAKE OF 22.14 PERCENT FOR CONSIDERATION OF 2.27 BILLION RUPEES.CO IN PROCESS OF BUYING FROM WESTBRIDGE VENTURES II INVESTMENT HOLDINGS, STAKE OF 9.93 PERCENT FOR 1.02 BILLION RUPEES IN CASH.SAYS ACQUISITION OF FURTHER STAKE OF 32.07 PERCENT IN COMVIVA TECHNOLOGIES LTD.SAYS POST DEAL, CO WILL HOLD 99.17 PERCENT STAKE IN COMVIVA TECHNOLOGIES LTD.  Full Article

Tech Mahindra Says SC Rejects ED's SLP Challenging Court's Quashing Of Criminal Proceedings Against Co
Tuesday, 19 Dec 2017 

Dec 19 (Reuters) - Tech Mahindra Ltd ::UPDATES ON APEX COURT DECISION ON SLP BY ED CHALLENGING ANDHRA PRADESH AND TELANGANA HIGH COURT'S QUASHING OF CRIMINAL PROCEEDINGS AGAINST CO.SAYS ‍SUPREME COURT OF INDIA DISMISSED SLP ON DEC 8​.SAYS "STANDS ABSOLVED OF ANY CRIMINAL LIABILITY FOR ALLEGED MONEY LAUNDERING UNDER PROVISIONS OF PMLA".  Full Article

Tech Mahindra approves merger of wholly-owned unit Sofgen India with co‍​
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Tech Mahindra Ltd ::Board approved proposal for amalgamation of wholly-owned unit Sofgen India Pvt Ltd with co‍​.  Full Article

Tech Mahindra says Sept-qtr profit up about 30 pct
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Tech Mahindra Ltd :Says Sept quarter consol profit after tax 8.36 billion rupees - TV ‍​.Says Sept quarter consol revenue 76.06 billion rupees - TV ‍​.Says active client count stood at 885 in Q2, adds 21 active clients Q-o-Q‍​.Sept quarter consol profit 6.45 billion rupees last year; consol revenue from operations 71.67 billion rupees last year.Consensus forecast for Sept quarter consol profit was 7.18 billion rupees.Says software headcount at quarter end stood at 75,587.The profit and revenue alerts were first sourced from TV and later confirmed from a company press release at the National Stock Exchange‍​.  Full Article

Indian shares flat ahead of key macro events

Nov 26 Indian shares were little changed on Monday, with gains in financial stocks outweighed by the losses in IT, as investors stayed away from big bets amid caution ahead of key macro events later in the week.

No consensus analysis data available.