Tech Mahindra Tumbles After Weak Q3 Results | Stock Market News
Zee Business Video Team | Updated: January 25, 2024 03:30 PM IST
Tech Mahindra shares plunged over 6% on Thursday after lackluster December quarter results. Net profit dived 61% YoY to Rs 510 crore, while revenue and EBITDA also slipped. Brokerages remain cautious citing weak bookings and the need for clarity on the new CEO's strategy.