Tech Mahindra shares fall 5% after Q4 results; earnings breakdown here

Tech Mahindra share price today: Shares of Tech Mahindra tumbled nearly 5 per cent in Friday’s intraday session after it missed the street’s revenue estimates amid weakness in its communications and hi-tech verticals.

Tech Mahindra’s stock fell as much as 4.7 per cent during the day to ₹1,375 per share, the worst intraday loss since April 7 this year, according to Bloomberg data. The stock trimmed losses to trade 1.93 per cent lower at ₹1,415 apiece, compared to a 1.32 per cent decline in Nifty50 as of 10:29 AM.