{
  "id": 14884042,
  "title": "Tech Mahindra shares gain 5% after Q2 results. Should you buy, sell or hold the stock?",
  "url": "https://urgent.news/2026/10/16/tech-mahindra-shares-gain-5-after-q2-results-should-you-buy-sell-or",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-16T04:04:26.000Z",
  "source": {
    "name": "The Economic Times - Top News",
    "slug": "the-economic-times-top-news",
    "url": "https://economictimes.indiatimes.com/markets/stocks/news/tech-mahindra-shares-gain-5-after-q2-results-should-you-buy-sell-or-hold-the-stock/articleshow/134982036.cms"
  },
  "original_language": "en",
  "account": "Tech Mahindra's shares saw a 5% increase on Friday, reaching a high of Rs 1,736 on the BSE. This surge came after the company reported a 32.7% year-on-year increase in consolidated net profit attributable to owners, reaching Rs 1,585.6 crore in Q2FY27. Revenue from operations grew 15.6% YoY to Rs 16,180.2 crore, up from Rs 13,994.9 crore in the same period last year. EBITDA rose 32.8% to Rs 2,878.5 crore from Rs 2,168 crore in the year-ago quarter.\n\nExperts weigh in on whether to buy, sell, or hold Tech Mahindra shares. Nomura keeps a Neutral stance and sees no upward potential for the stock, expecting Tech Mahindra to outperform peers in FY27 due to two large telecom deals and growth in other sectors. The company aims to hit a 15% average EBIT margin in FY27, driven by AI-led productivity improvements and operational efficiencies. Nuvama maintains a Buy rating with a target price of Rs 1,950, citing strong deal wins and potential earnings growth. They project Tech Mahindra to achieve a 25% compound annual growth rate over the next two years. Choice Institutional Equities holds an Add rating with an 11% upside target price of Rs 1,775, focusing on further AI productivity benefits and a 15% FY27 margin target.",
  "summary": "Tech Mahindra shares rose after Q2FY27 net profit increased 32.7% year-on-year to Rs 1,586 crore. Nomura retained its Neutral rating, seeing limited upside despite expectations of above-peer growth in FY27, driven by large telecom deals and expansion across other verticals.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 7,
    "also_reported_by": [
      {
        "outlet": "CNA - Business",
        "title": "India's Tech Mahindra second-quarter revenue beats estimate",
        "url": "https://urgent.news/2026/10/15/indias-tech-mahindra-second-quarter-revenue-beats-estimate",
        "published": "2026-10-15T11:35:08.000Z"
      },
      {
        "outlet": "Hindu BusinessLine",
        "title": "Q2 Results Highlights, 15 Oct: Wipro PAT rises 9% year-on-year; Tech Mahindra profit jumps 32.7%; Nestlé shares tank after Q2 results; IIFL Finance, IRFC, Polycab, KVB and HDFC AMC report higher PAT; Heritage Foods posts decline",
        "url": "https://urgent.news/2026/10/15/q2-results-highlights-15-oct-wipro-pat-rises-9-year-on-year-tech",
        "published": "2026-10-15T13:43:12.000Z"
      },
      {
        "outlet": "Business Standard IN",
        "title": "Tech Mahindra Q2 profit rises 32.7% to ₹1,586 crore; revenue up 15.6%",
        "url": "https://urgent.news/2026/10/15/tech-mahindra-q2-profit-rises-32-7-to-1-586-crore-revenue-up-15-6",
        "published": "2026-10-15T14:18:01.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Tech Mahindra keeps margin target after quarterly revenue beat",
        "url": "https://urgent.news/2026/10/15/tech-mahindra-keeps-margin-target-after-quarterly-revenue-beat",
        "published": "2026-10-15T14:21:36.000Z"
      },
      {
        "outlet": "Economic Times Tech",
        "title": "Flipkart ex-staff push for Esop buyout; Wipro, Tech Mahindra’s Q2 report",
        "url": "https://urgent.news/2026/10/16/flipkart-ex-staff-push-for-esop-buyout-wipro-tech-mahindras-q2-report",
        "published": "2026-10-16T01:59:31.000Z"
      },
      {
        "outlet": "Times of India",
        "title": "Tech Mahindra jumps 8%, IT firm adds Rs 11,000 crore to market cap after Q2 earnings",
        "url": "https://urgent.news/2026/10/16/tech-mahindra-jumps-8-it-firm-adds-rs-11-000-crore-to-market-cap",
        "published": "2026-10-16T07:22:25.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}