Tech Mahindra532755Information technology services
Tech Mahindra shares surged nearly 5% on strong quarterly results and confident management commentary
By ScoutQuest · · 1 min read
- Stock move
- nearly 5 percent up
Heard on business television between 09:14:12 - 09:17:12 IST.
- Tech Mahindra stock moved from about 4.5 percent up to nearly 5 percent during trade, the top IT gainer of the morning.
- Strong reaction attributed to good numbers and decent, confident commentary from management.
- Gains came even as telecom-related jitters existed in the US market over spectrum buyouts by Elon Musk.
- Some of the rally also attributed to a slight unwinding of the AI trade benefiting IT services broadly.
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