Tech Mahindra declares highest-ever Rs 51 dividend; shares plunge 2%

Tech Mahindra has announced the highest ever total dividend along with its Q4 results. The company posted double-digit growth in its revenue and net profit, marked by high deal wins and scaling AI operations across the enterprise.

However, the share price of Tech Mahindra plunged more than 2% intra-day, in tandem with the sharp losses seen across the technology sector stocks.