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Tech Mahindra Shares Sink 5% Ahead of Q4 Results as Profit Takes Hold

Business
Published on 24 April 2026
Tech Mahindra Shares Sink 5% Ahead of Q4 Results as Profit Takes Hold

Even expected profit growth couldn’t stop the slide

Tech Mahindra shares fell nearly 5% ahead of its crucial Q4 and FY results, despite brokerages projecting a 9% sequential rise in net profit to ₹1,453.8 crore. Traders booked profits as the stock dipped toward ₹1,428.60, with attention turning to management’s FY27 guidance and how “Project Fortius” restructuring is progressing.

  • Tech Mahindra stock slipped nearly 5% before Q4 earnings
  • Brokerages expect profit growth, yet investors still sold
  • Markets are watching FY27 guidance closely
  • “Project Fortius” restructuring progress remains a key focus
Read the full story at Republic

This summarization was done by Beige for a story published on RepublicRepublic

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