Global IT services and consulting provider Tech Mahindra on Thursday reported a 1.2 per cent decrease in revenue for the April-June quarter (year-on-year) at Rs 13,005 crore.
On a quarterly basis, the revenue went up 1 per cent for the IT company.
The consolidated PAT was at Rs 851 crore, up 23 per cent (YoY), for Q1 FY25, while EBITDA reached Rs 1,564 crore, up 16.9 per cent YoY.
The company reported total headcount at 147,620, down 677 annually, for the June quarter.
Tech ...
Tech Mahindra posts 1.2 pc revenue drop in Q1, PAT up 23 pc at Rs 851 crore
Indian equity indices opened at record high on Wednesday following a rally in the banking stocks. Sensex and Nifty made a new all-time high of 80,039 and 24,292 respectively.
The Broader market remains positive. On the National Stock Exchange (NSE), out of the total, 1573 were in the green and 628 in the red.
At 9:47 a.m., Sensex was at 80,008, up 567 points and 0.71 per cent and Nifty was at 24,290, up 164 points or 0.68 per cent.
Banking stocks are leading the rally. Nifty Ba...
Sensex crosses 80,000 for first time, banking stocks lead rally
Indian equity indices opened in the green on Monday following positive global cues. At 9:40 a.m., Sensex was at 79,197, up 165 points or 0.21 per cent and Nifty was at 24,069, up 58 points or 0.22 per cent.
Midcap and smallcap stocks lead the market. The Nifty midcap 100 is up 237 points or 0.43 per cent, at 55,984 and the Nifty smallcap 100 is up 161 points or 0.88 per cent, at 18,478.
Among the sectoral indices, Auto, IT, Metal, and Media are major gainers. Realty, PSU Bank and ...
Sensex, Nifty trade higher on positive global cues
Indian equity indices opened in green on Friday following buying in largecap stocks. Sensex and Nifty made a new all-time high of 79,671 and 24,174 respectively.
At 10 a.m., Sensex was at 79,558, up 314 points or 0.40 per cent and Nifty was up 93 points or 0.39 per cent, at 24,137.
NTPC, Sun Pharma, Tech Mahindra, Tata Motors, Power Grid, Tata Steel, Nestle, Asian Paints, Infosys, HDFC Bank and JSW Steel are the top gainers. Whereas, UltraTech Cement, Axis Bank, IndusInd Bank, Mar...
Sensex at all-time high as largecap stocks lead
Indian equity indices were in the green on Wednesday as India VIX crashed 27 per cent.
At noon, Sensex was up 1,281 points or 1.75 per cent, at 73,360, with an intraday high of 73,851. Nifty was up 392 points or 1.79 per cent at 22,277, with an intraday high of 22,445.
India VIX or fear index (which indicates the market volatility) is down over 27 per cent at 19.32.
On Tuesday, when markets saw a free fall due to an unexpected election outcome, India VIX jumped nearly 44 per ce...
Sensex jumps over 1,200 points as India VIX crashes 27 pc
Indian equity benchmarks surged on Thursday, following positive Asian peers and US CPI data, which rose slightly less than expected in April.
At 9:50 a.m., Sensex was up 155 points or 0.21 per cent, at 73,159 points, and Nifty was up 47 points or 0.21 per cent, at 22,243 points.
Smallcap and midcap stocks are more bullish than large-cap stocks. The Nifty Midcap 100 index was up 276 points or 0.54 per cent at 50,984 points and the Nifty Smallcap 100 index was at 16,559 points, up 102 poi...
Sensex rises 155 points after positive global cues
BSE Sensex fell 300 points on Friday, amid selling in heavyweight stocks.
BSE Sensex was trading at 74,310 points, down 300 points.
Bharti Airtel is down more than 1 per cent. L&T, Tech Mahindra, Nestle India, Maruti, Infosys were also trading in the red. Bajaj Finance is up more than 4 per cent after RBI lifted restrictions on some of its products.
Several sectoral indices including technology, private banks, capital goods, real estate are trading in the red. IT stock Coforge is...
Sensex down 300 points on selling in heavyweights
