Share Market News: While the Indian market is at an all-time high, one sector that has been underperforming for a long time is IT. Due to weak global businesses, the leading companies in this sector, such as Infosys, Wipro, and Tech Mahindra, have all had bad results in the fourth quarter. However, a recent surge has been witnessed in Tech Mahindra’s shares. On the last business day of the week, i.e. on Friday, Tech Mahindra’s stocks are trading at an increase of approximately 7.9% to Rs 1,284.
The company presented a three-year roadmap named “Vision 2027,” presented by Mohit Joshi, CEO and MD of Tech Mahindra on 25 April, with a target to improve the company’s margin by 2027 and gain better revenue than its peers. The new investment plan is to focus on financial stability and investment in important accounts, markets, and service lines in the financial year 2025.
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