TECHM.NSE

Tech Mahindra Ltd.

Mumbai: Benchmark indices Sensex and Nifty buckled under selling pressure Tuesday as fresh tensions flared in the Strait of Hormuz region and the ceasefire between the US and Iran came under strain. The rupee hitting a record low against the US dollar amid elevated crude prices also made investors cautious. In a volatile session, the 30-share BSE Sensex dropped 251.61 points, or 0.33 per cent, to settle at 77,017.79. During the day, it tanked 754.37 points, or 0.97 per cent, to 76,515.03. The 50-share NSE Nifty edged lower by 86.50 points, or 0.36 per cent, to end at 24,032.80. “Domestic equities witnessed a volatile session, closing lower as post-election optimism faded and sentiment re-aligned with global weakness amid rising geopolitical tensions. “Elevated crude prices continued to pressure the rupee, which slipped to record lows. Despite these headwinds, the ongoing earnings season, with results slightly ahead of expectations, provided some support and triggered selective bottom-fishing,” Vinod Nair, Head of Research, Geojit Investments Limited, said.

Mumbai-headquartered auto-to-tech conglomerate Mahindra & Mahindra posted its strongest annual performance on record, crossing ₹1,98,639 crore in consolidated revenue for FY2026, up 25 per cent year-on-year. Consolidated Profit After Tax (PAT) surged by 35 per cent to ₹17,099 crore, the highest in the group's history. For the fourth quarter, consolidated revenue grew 29 per cent to ₹54,982 crore, with consolidated PAT jumping 42 per cent to ₹4,668 crore. The Mahindra & Mahindra board declared a dividend of ₹33 per share, up 30 per cent. The auto business held its #1 SUV position with more than 25 per cent revenue market share, selling over 11.17 lakh vehicles across FY2026, up 19 per cent. Tractor volumes hit a historic milestone of over 5 lakh in a single year for the first time, with market share rising to more than 43 per cent. The company also leads in electric three-wheelers with a 40 per cent market share and is now India's 5th largest passenger and commercial vehicle exporter. IT services arm Tech Mahindra improved its EBIT margin by 290 basis points over the full year to 12.6 per cent, recovering impressively from its multi-year low.

Mumbai-headquartered auto-to-tech conglomerate Mahindra & Mahindra posted its strongest annual performance on record, crossing ₹1,98,639 crore in consolidated revenue for FY2026, up 25 per cent year-on-year. Consolidated Profit After Tax (PAT) surged by 35 per cent to ₹17,099 crore, the highest in the group's history. For the fourth quarter, consolidated revenue grew 29 per cent to ₹54,982 crore, with consolidated PAT jumping 42 per cent to ₹4,668 crore. The Mahindra & Mahindra board declared a dividend of ₹33 per share, up 30 per cent. The auto business held its #1 SUV position with more than 25 per cent revenue market share, selling over 11.17 lakh vehicles across FY2026, up 19 per cent. Tractor volumes hit a historic milestone of over 5 lakh in a single year for the first time, with market share rising to more than 43 per cent. The company also leads in electric three-wheelers with a 40 per cent market share and is now India's 5th largest passenger and commercial vehicle exporter. IT services arm Tech Mahindra improved its EBIT margin by 290 basis points over the full year to 12.6 per cent, recovering impressively from its multi-year low.

India's leading IT firms are seeing revenue per employee rise. This indicates a shift towards AI and automation driving productivity. Companies like Tata Consultancy Services, Infosys, HCLTech, and Tech Mahindra reported growth. This trend suggests a move away from headcount-based revenue models. The industry is adapting to a new era of efficiency and value creation.

India's leading IT firms are seeing revenue per employee rise. This indicates a shift towards AI and automation driving productivity. Companies like Tata Consultancy Services, Infosys, HCLTech, and Tech Mahindra reported growth. This trend suggests a move away from headcount-based revenue models. The industry is adapting to a new era of efficiency and value creation.

(MENAFN - Mid-East Info) Pune – May 1st, 2026: Tech Mahindra (NSE: TECHM), a leading provider of digital transformation, consulting, and business re-engineering services and solutions, today ...

(MENAFN - Mid-East Info) Pune – May 1st, 2026: Tech Mahindra (NSE: TECHM), a leading provider of digital transformation, consulting, and business re-engineering services and solutions, today ...

Sensex Jumps 609 Points, Nifty Gains 182 | Rupee Hits Record Low Amid Crude Surge Indian equity markets staged a strong comeback on Wednesday, April 29, 2026, with the BSE Sensex surging 609 points to close at 77,496.36, while the Nifty 50 climbed 182 points, driven by robust buying across auto, IT, and FMCG sectors. Heavyweight stocks including Maruti Suzuki , ITC , Tech Mahindra , Mahindra & Mahindra , Reliance Industries , and Infosys led the rally, reflecting renewed investor confidence after the previous session’s decline. Sectorally, most NSE indices ended in positive territory, with Nifty Auto emerging as the top gainer, while only metals and financial services lagged behind. However, the bullish momentum in equities contrasted sharply with pressure on the currency front, as the Indian Rupee weakened to an all-time closing low of 94.86 against the US dollar, signalling concerns over external economic factors. A key driver behind this depreciation is the sharp rise in global crude oil prices, with Brent crude crossing $110 per barrel amid strong demand and heightened geopolitical concerns around the Strait of Hormuz , a critical artery for global oil supply.

Sensex Jumps 609 Points, Nifty Gains 182 | Rupee Hits Record Low Amid Crude Surge Indian equity markets staged a strong comeback on Wednesday, April 29, 2026, with the BSE Sensex surging 609 points to close at 77,496.36, while the Nifty 50 climbed 182 points, driven by robust buying across auto, IT, and FMCG sectors. Heavyweight stocks including Maruti Suzuki , ITC , Tech Mahindra , Mahindra & Mahindra , Reliance Industries , and Infosys led the rally, reflecting renewed investor confidence after the previous session’s decline. Sectorally, most NSE indices ended in positive territory, with Nifty Auto emerging as the top gainer, while only metals and financial services lagged behind. However, the bullish momentum in equities contrasted sharply with pressure on the currency front, as the Indian Rupee weakened to an all-time closing low of 94.86 against the US dollar, signalling concerns over external economic factors. A key driver behind this depreciation is the sharp rise in global crude oil prices, with Brent crude crossing $110 per barrel amid strong demand and heightened geopolitical concerns around the Strait of Hormuz , a critical artery for global oil supply.