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Tech Mahindra Q4 results: Net profit slips 41%
Tech Mahindra rallied 10 per cent in Friday’s trade despite the IT major’s weak set of March quarter results; Should you buy?
Shares of Tech Mahindra witnessed a sharp surge in early trade on Friday after the company reported its Q4 results. The scrip rallied 10 per cent in Friday’s trade despite the IT major’s weak set of March quarter results. The stock gained as the new CEO Mohit Joshi announced his vision for FY27, with goals to outgrow peers in revenue growth and achieve EBIT margin of 15 per cent by FY27.
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