Tech Mahindra shares rise 8% after strong Q2 profit growth and bonus issue proposal
Tech Mahindra's shares climbed more than 8% after the company announced its quarterly earnings. Its consolidated net profit rose 32.74% year on year, supported by strong volume growth and disciplined cost control. The IT firm also proposed a bonus issue to mark its 40th anniversary. The rally added roughly Rs 11,000 crore to the company's market capitalisation, according to the report.
This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)
Log in to join the discussion and vote.
Log in