Tech Mahindra: CLSA on Tech Mahindra Maintains Hold, Target Price ₹1,494; Q2 revenue, EBIT and PAT beat estimates by 0.2%, 2% and 3%, respectively, while the order book grew 25% YoY; management reiterated its FY27 15% EBIT margin target and growth ambition above twice the industry rate, citing competition—not AI-driven budget cuts—as the main source of pricing pressure.

 16 Oct 2026 08:59 AM

Tech Mahindra: CLSA on Tech Mahindra Maintains Hold, Target Price ₹1,494; Q2 revenue, EBIT and PAT beat estimates by 0.2%, 2% and 3%, respectively, while the order book grew 25% YoY; management reiterated its FY27 15% EBIT margin target and growth ambition above twice the industry rate, citing competition—not AI-driven budget cuts—as the main source of pricing pressure.

Tech Mahindra: HSBC on Tech Mahindra Maintains Buy, Target Price ₹1,800; Q2 results slightly beat expectations, with Tech Mahindra positioned for the strongest growth among the top eight IT peers; with its 15% EBIT margin target achieved, the company may prioritise sustaining 6–8% growth, offering an attractive growth recovery at reasonable valuations.

 16 Oct 2026 08:59 AM

Tech Mahindra: HSBC on Tech Mahindra Maintains Buy, Target Price ₹1,800; Q2 results slightly beat expectations, with Tech Mahindra positioned for the strongest growth among the top eight IT peers; with its 15% EBIT margin target achieved, the company may prioritise sustaining 6–8% growth, offering an attractive growth recovery at reasonable valuations.

Tech Mahindra: Nomura on Tech Mahindra Maintains Neutral, Target Price ₹1,650; Q2FY27 delivered a modest beat, with focus shifting to longer-term objectives after most three-year goals were achieved; stock trades at 18.1x FY28F EPS of ₹91.2.

 16 Oct 2026 08:59 AM

Tech Mahindra: Nomura on Tech Mahindra Maintains Neutral, Target Price ₹1,650; Q2FY27 delivered a modest beat, with focus shifting to longer-term objectives after most three-year goals were achieved; stock trades at 18.1x FY28F EPS of ₹91.2.

Tech Mahindra: Citi on Tech Mahindra Maintains Sell, Target Price ₹1,355; Q2 constant-currency revenue growth of 2.4% QoQ and EBIT margin of 14.8% beat estimates, partly due to contract-normalisation timing; headcount trends remain weak excluding a large rebadging deal, quarterly TCV has stayed around US$1–1.1bn for four quarters, and premium valuations require sustained execution.

 16 Oct 2026 08:59 AM

Tech Mahindra: Citi on Tech Mahindra Maintains Sell, Target Price ₹1,355; Q2 constant-currency revenue growth of 2.4% QoQ and EBIT margin of 14.8% beat estimates, partly due to contract-normalisation timing; headcount trends remain weak excluding a large rebadging deal, quarterly TCV has stayed around US$1–1.1bn for four quarters, and premium valuations require sustained execution.

Tech Mahindra: Company Gives Green Light for Bonus Share Issue Worth Up to ₹4.9 Billion

 15 Oct 2026 05:07 PM

Tech Mahindra: Company Gives Green Light for Bonus Share Issue Worth Up to ₹4.9 Billion

Tech Mahindra: Company Announces Bonus Equity Shares At 1:1 Ratio

 15 Oct 2026 05:07 PM

Tech Mahindra: Company Announces Bonus Equity Shares At 1:1 Ratio

Tech Mahindra: Secures $1,023 Million In New Deals For Q2

 15 Oct 2026 05:07 PM

Tech Mahindra: Secures $1,023 Million In New Deals For Q2

TECHM: Q2 REVENUE 161.8B RUPEES VS 157.1B (QOQ); EST 161B

 15 Oct 2026 05:05 PM

TECHM: Q2 REVENUE 161.8B RUPEES VS 157.1B (QOQ); EST 161B

TECHM: Q2 CONS NET PROFIT 15.9B RUPEES VS 14.65B (QOQ); EST 16B

 15 Oct 2026 05:05 PM

TECHM: Q2 CONS NET PROFIT 15.9B RUPEES VS 14.65B (QOQ); EST 16B

TECHM: Q2 EBIT 23.9B RUPEES VS 22.6B (QOQ), EST 23.2B; Q2 EBIT MARGIN 14.75% VS 14.41% (QOQ), EST 14.45%

 15 Oct 2026 05:05 PM

TECHM: Q2 EBIT 23.9B RUPEES VS 22.6B (QOQ), EST 23.2B; Q2 EBIT MARGIN 14.75% VS 14.41% (QOQ), EST 14.45%

TECH MAHINDRA: CO DECLARED INTERIM DIVIDEND OF 15 RUPEES PER EQUITY SHARE

 15 Oct 2026 05:08 PM

TECH MAHINDRA: CO DECLARED INTERIM DIVIDEND OF 15 RUPEES PER EQUITY SHARE

Tech Mahindra: To Review Proposal For Issuing Bonus Shares

 30 Sep 2026 05:21 PM

Tech Mahindra: To Review Proposal For Issuing Bonus Shares

Tech Mahindra: Company Plans Meetings With Analysts And Investors On September 21 And 22.

 16 Sep 2026 07:07 PM

Tech Mahindra: Company Plans Meetings With Analysts And Investors On September 21 And 22.

Tech Mahindra: Goldman Sachs on Tech Mahindra Maintains Sell with Target Price of ₹1,420 despite a robust near-term growth outlook, strong deal wins and confidence in achieving 15% FY27 EBIT margins; communication should grow in line with company average, BFSI faster, while AI offers a large medium-term opportunity.

 02 Sep 2026 08:43 AM

Tech Mahindra: Goldman Sachs on Tech Mahindra Maintains Sell with Target Price of ₹1,420 despite a robust near-term growth outlook, strong deal wins and confidence in achieving 15% FY27 EBIT margins; communication should grow in line with company average, BFSI faster, while AI offers a large medium-term opportunity.

Tech Mahindra: UBS on Tech Mahindra Upgrade to Buy from Neutral, Target Price Rs 1,865, largely reflecting attractive valuations following the recent rally, while UBS remains selective on IT.

 25 Aug 2026 08:58 AM

Tech Mahindra: UBS on Tech Mahindra Upgrade to Buy from Neutral, Target Price Rs 1,865, largely reflecting attractive valuations following the recent rally, while UBS remains selective on IT.

Tech Mahindra: Co Teams Up With ServiceNow To Provide Large-Scale Ready-to-Use Enterprise AI Solutions

 20 Aug 2026 03:18 PM

Tech Mahindra: Co Teams Up With ServiceNow To Provide Large-Scale Ready-to-Use Enterprise AI Solutions

Tech Mahindra: Opens Innovation Center in Toronto to Boost AI-driven Business Changes in Canada.

 06 Aug 2026 08:14 PM

Tech Mahindra: Opens Innovation Center in Toronto to Boost AI-driven Business Changes in Canada.

Tech Mahindra: Aims For High Growth And 15% Operating Margin By FY27, Sees Ongoing Revenue Growth Driven By Large Deals And Optimism In Healthcare, Communications, And Manufacturing.

 17 Jul 2026 08:36 AM

Tech Mahindra: Aims For High Growth And 15% Operating Margin By FY27, Sees Ongoing Revenue Growth Driven By Large Deals And Optimism In Healthcare, Communications, And Manufacturing.

Tech Mahindra: Aims For 15% Operating Margin By FY27, Expects Q4 Margins To Exceed 15%. Margin Growth Will Come From Gross Margin Improvements Through Project Fortius And Ongoing SG&A Benefits From Portfolio Company Consolidation.

 17 Jul 2026 08:38 AM

Tech Mahindra: Aims For 15% Operating Margin By FY27, Expects Q4 Margins To Exceed 15%. Margin Growth Will Come From Gross Margin Improvements Through Project Fortius And Ongoing SG&A Benefits From Portfolio Company Consolidation.

Tech Mahindra: Expects Strong Deal Activity, Plans To Hire New And Experienced Talent Due To Expected Revenue Growth.

 17 Jul 2026 08:38 AM

Tech Mahindra: Expects Strong Deal Activity, Plans To Hire New And Experienced Talent Due To Expected Revenue Growth.