Shares of IT major Tech Mahindra slipped 2.1% to their day’s low of Rs 1,751.25 on the BSE on Monday as investors booked profits following a massive 22% rally after the company’s Q2 earnings and a sharp plunge in AI-linked stocks.
The company reported a 32.7% year-on-year (YoY) increase in consolidated net profit attributable to owners to Rs 1,585.6 crore in Q2FY27, compared with Rs 1,194.5 crore in the corresponding quarter last year.
