Buy Tech Mahindra; target of Rs 1240: Emkay Global Financial
Emkay Global Financial is bullish on Tech Mahindra has recommended buy rating on the stock with a target price of Rs 1240 in its research report dated July 25, 2022.27-07-2022
27-07-2022
TECH MAHINDRA LTD. - 532755 - Disclosure of Voting results of AGM (Regulation 44(3) of SEBI (LODR) Regulations, 2015)
Tech Mahindra Ltd has informed BSE regarding the details of Voting results of AGM, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. Kindly Click here27-07-2022
TECH MAHINDRA LTD. - 532755 - Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
Scrutinizer''s Report for 35th AGM.26-07-2022
TECH MAHINDRA LTD. - 532755 - Shareholder Meeting / Postal Ballot-Outcome of AGM
Outcome of 35th Annual General Meeting.26-07-2022
TECH MAHINDRA LTD. - 532755 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Advertisement - Disclosure under Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations')26-07-2022
Big Movers on D-St: What should investors do with Tech Mahindra and Reliance Industries?
Stocks that were in focus include Tech Mahindra which was down over 1 per cent ahead of its June quarter results while Reliance Industries fell more than 3 per cent post Q1 results.26-07-2022
TECH MAHINDRA LTD. - 532755 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Audio recordings of earnings conference call for the quarter ended 30th June, 202225-07-2022
Tech Mahindra's attrition rate to ease further, says CP Gurnani
Tech Mahindra's management said that it aims to hire around 10,000 freshers in FY23, similar to the quantum of hiring it did in FY22.25-07-2022
Q1FY23 Quarterly Result Announced for Tech Mahindra Ltd.
Tech Mahindra announced Q1FY23 results: In $: Revenue at $ 1,632 million; up 1.5% QoQ and up 18.0% YoY Revenue growth 3.5% QoQ in constant currency terms EBITDA at $ 239 million; down 13.5% QoQ, down 6.2% VoY EBITDA margin at 14.8% Profit after tax (PAT) at $ 143 million; down 28.0% QoQ and down 22.0% YoY Free cash flow at $ 71.6 million, conversion to PAT at 50.2% In Rs: Revenue at Rs 12,708 crores; up 4.9% QoQ and up 24.6% YoY EBITDA at Rs 1,880 crores; down 10.0% QoQ, up 0.2% YoY Consolidated PAT at Rs 1,132crores; down 24.8% QoQ and down 16.4% YoY Other: Total headcount at 158,035 up 6,862 QoQ Cash and Cash Equivalent at $ 1,114 million as of June 30, 2022 CP Gurnoni, Managing Director & Chief Executive Officer, Tech Mahindra, said, "We are starting this fiscal with a renewed commitment towards delivering consistent organic growth. We remain resilient and watchful given the dynamic global macro-economic environment and will continue to invest in new and emerging technologies to deliver differentiated offerings. Our winning strategy rests on the pillars — ‘Purpose, People and Performance’ which is aiding us to responsibly capitalize on the strong demand environment in the market.” Rohit Anand, Chief Financial Officer, Tech Mahindra, said, “Delivery transformation, cost optimization and cash conversion will be key focus areas, as we continue to offset the strong supply side headwinds in the market. We aim to expand our profitability through operational excellence and improved operating metrics over the course of FY’23.” Result PDF25-07-2022
TECH MAHINDRA LTD. - 532755 - Outcome Of Board Meeting Held On 25Th July, 2022
Outcome of Board Meeting held on 25th July, 202225-07-2022