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India's Tech Mahindra jumps most in over six years as deal wins fuel growth optimism

Image: Reuters. Rights remain with the publisher.

Tech Mahindra shares logged ‌their biggest one-day percentage gain in more than six years on Friday, as investors welcomed strong deal wins and margin expansion, easing concerns about demand in an otherwise challenging environment ​for IT companies.

Sign up here. “Demand remained broadly stable this quarter, in line with Accenture's outlook, and it could even ​improve if macroeconomic conditions become favourable. With AI adoption still in its early ​stages, AI tools are expected to create addit... [1187 chars]

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Section
Business
Topics
Stock market, AI & gadgets, Cars & bikes
First reported by
Reuters
Published
Friday, 16 October 2026, 10:18 am IST
Coverage
One outlet so far

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