Tech Mahindra jumps 8%, IT firm adds Rs 11,000 crore to market cap after Q2 earnings

Oct 16, 2026 - 15:00
Tech Mahindra jumps 8%, IT firm adds Rs 11,000 crore to market cap after Q2 earnings

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Tech Mahindra witnessed an impressive surge of over 8% in its shares following the announcement of remarkable quarterly earnings. The IT giant recorded a 32.74% year-on-year increase in consolidated net profit, buoyed by robust volume growth and effective cost management. In celebration of its 40th anniversary, the company also proposed a bonus issue.

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