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Tech Mahindra shares jump 3% after Q1 earnings beat estimates. What Nomura, Nuvama, other brokerages now expect

Shares of Tech Mahindra jumped over 3% on Friday after the IT services company released its results for the April-June quarter of FY27, beating estimates and prompting brokerages to raise their target prices for the stock.Shares of the company rose to Rs 1,560 apiece after the company on Thursday reported a consolidated net profit of Rs 1,465 crore for the first quarter of the ongoing financial year 2027, marking a 28% year-on-year (YoY) rise from Rs 1,140.6 crore net profit reported in the yea…

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Economic TimesLean R·1h ago
Tech Mahindra shares jump 3% after Q1 earnings beat estimates. What Nomura, Nuvama, other brokerages now expect
Shares of Tech Mahindra jumped over 3% on Friday after the IT services company released its results for the April-June quarter of FY27, beating estimates and prompting brokerages to raise their target prices for the stock.Shares of the company rose to Rs 1,560 apiece after the company on Thursday reported a consolidated net profit of Rs 1,465 crore for the first quarter of the ongoing financial year 2027, marking a 28% year-on-year (YoY) rise from Rs 1,140.6 crore net profit reported in the yea…
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Tech Mahindra shares jump 3% after Q1 earnings beat estimates. What Nomura, Nuvama, other brokerages now expect

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Tech Mahindra shares jump 3% after Q1 earnings beat estimates. What Nomura, Nuvama, other brokerages now expect

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