Tech Mahindra Shares Touch 12-Year-High: Should You Buy Tech Mahindra? | Ask Profit
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 Published On Premiered Apr 25, 2024

Tech Mahindra Share News: Tech Mahindra Ltd. surged over 13% to its highest since June 2012 after its Chief Executive Officer Mohit Joshi announced a detailed three-year turnaround plan. The roadmap was announced with inline fourth-quarter earnings. The company's consolidated net profit increased 27% in the fourth quarter of fiscal 2024 but missed analysts' estimates. The IT services firm's bottom line stood at Rs 664 crore in the quarter ended March 31, 2024, according to an exchange filing on Thursday. Analysts tracked by Bloomberg had projected it at Rs 745 crore.


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