Edition:
United States

Tech Mahindra Ltd (TEML.NS)

TEML.NS on National Stock Exchange of India

725.55INR
6:11am EDT
Change (% chg)

Rs-10.05 (-1.37%)
Prev Close
Rs735.60
Open
Rs722.00
Day's High
Rs731.00
Day's Low
Rs717.85
Volume
4,138,801
Avg. Vol
3,001,700
52-wk High
Rs846.50
52-wk Low
Rs612.40

Latest Key Developments (Source: Significant Developments)

Tech Mahindra Approves Acquisition Of Stake In K-Vision Co Via Unit
Thursday, 14 Mar 2019 06:33am EDT 

March 14 (Reuters) - Tech Mahindra Ltd ::TECH MAHINDRA-APPROVED PROPOSAL TO ACQUIRE SHAREHOLDING IN K-VISION CO., LTD. THROUGH A WHOLLY OWNED SUBSIDIARY OF COMPANY.TECH MAHINDRA-ENTERPRISE VALUE OF THE DEAL IS US$ 1.5 MILLION.  Full Article

Tech Mahindra Says HC Allows Writ Petition Filed By Satyam Computer Services
Tuesday, 1 Jan 2019 06:46am EST 

Jan 1 (Reuters) - Tech Mahindra Ltd ::TECH MAHINDRA - HC ALLOWS WRIT PETITION FILED BY SATYAM COMPUTER SERVICES AND SET ASIDE IMPUGNED ORDER PASSED BY DIRECTORATE OF ENFORCEMENT, HYDERABAD.  Full Article

India's Tech Mahindra Sept-Qtr Consol Profit Up About 27 Pct
Tuesday, 30 Oct 2018 06:14am EDT 

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 02:23am EDT 

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 09:59am EDT 

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 06:24am EDT 

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 07:56am EDT 

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 12:46am EST 

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 07:10am EST 

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 01:15am EST 

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

India's Tech Mahindra quarterly profit surges 28 pct, tops estimate

Feb 5 Software services exporter Tech Mahindra Ltd posted on Tuesday a better-than-expected third-quarter net profit, boosted by robust growth in its IT business.

No consensus analysis data available.