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‘This is a market overreaction’: Tech Mahindra CEO Mohit Joshi on Anthropic AI threat to Indian IT firms

‘This is a market overreaction’: Tech Mahindra CEO Mohit Joshi on Anthropic AI threat to Indian IT firms

Feb 04, 2026, 09:03 PM IST

Mohit Joshi, CEO and managing director of Tech Mahindra, has dismissed fears around Anthropic’s new AI tool, calling the sharp sell-off in IT stocks a market overreaction. He said artificial intelligence represents a technology shift that will ultimately act as a tailwind for IT services and software companies rather than replace them.

TechM shares jump 4%, top Sensex gainers; more upside ahead?

TechM shares jump 4%, top Sensex gainers; more upside ahead?

Jan 19, 2026, 09:43 AM IST

TechM Q3 results: Nomura India said TechM posted constant currency (CC) revenue growth of 1.7 per cent QoQ, ahead of its estimate of 1 per cent QoQ and the consensus estimate of 0.7 per cent.

YES Bank, Tech Mahindra, IDBI Bank: How to trade these 3 buzzing stocks

YES Bank, Tech Mahindra, IDBI Bank: How to trade these 3 buzzing stocks

Jan 19, 2026, 09:43 AM IST

An analyst from Arihant Capital said that YES Bank is making a higher top higher bottom formation on the daily charts and the stock has started outperforming the benchmark indices.

Tech Mahindra Q3 results: Profit jumps 14% to Rs 1,122 crore; revenue up 8%

Tech Mahindra Q3 results: Profit jumps 14% to Rs 1,122 crore; revenue up 8%

Jan 16, 2026, 04:36 PM IST

Revenue from operations during the quarter rose 8.34 per cent YoY to Rs 14,393.2 crore, up from Rs 13,285.6 crore in Q3 FY25.

TCS, Infosys, HCL Tech, Wipro, TechM: Key takeaways from Accenture Q1 results

TCS, Infosys, HCL Tech, Wipro, TechM: Key takeaways from Accenture Q1 results

Dec 19, 2025, 08:20 AM IST

MOFSL said AI services demand could begin to improve from mid-2026 as hardware-led AI capex intensity moderates. The March-April 2026 budget reset period may serve as an initial indicators, it said.

Aurobindo Pharma, Tech Mahindra, APL Apollo Tubes: How to trade these 3 buzzing stocks

Aurobindo Pharma, Tech Mahindra, APL Apollo Tubes: How to trade these 3 buzzing stocks

Dec 19, 2025, 07:59 AM IST

An analyst from Master Capital Services said that Tech Mahindra has confirmed a bullish breakout above its long-standing horizontal resistance, signaling a shift in market structure.

Tech Mahindra shares: Brokerages see up to 20% upside; stock down 2% after Q2 results

Tech Mahindra shares: Brokerages see up to 20% upside; stock down 2% after Q2 results

Oct 15, 2025, 10:37 AM IST

Brokerage firms JM Financial and Choice Institutional Equities see long-term potential, with target prices suggesting an upside of up to 20 per cent.

TechM Q2 results: Order wins at 14-quarter high; should you buy this IT stock?

TechM Q2 results: Order wins at 14-quarter high; should you buy this IT stock?

Oct 15, 2025, 07:34 AM IST

TechM Q2 results: PAT was marginally below expectations, while total contract value (TCV) rose 35 per cent year-on-year to $816 million — the highest in 14 quarters and the fourth consecutive quarter above $700 million

TCS, Infosys, HCL Tech, Wipro, TechM: Which IT stocks to buy, sell or hold; check targets

TCS, Infosys, HCL Tech, Wipro, TechM: Which IT stocks to buy, sell or hold; check targets

Sep 01, 2025, 02:02 PM IST

Systermatix Institutional Equities has shared its review for the June 2025 quarter earnings of the Indian IT companies and it has buy rating on only one out of six companies under its coverage.

Why Infosys, Coforge, Hexaware and TechM are Kotak's Top IT stock picks

Why Infosys, Coforge, Hexaware and TechM are Kotak's Top IT stock picks

Aug 06, 2025, 11:21 AM IST

Kotak reiterates its preference for Infosys, TechM, Coforge, and Hexaware as the sector seeks demand tailwinds. It said stock prices have corrected, making valuations less demanding.

Stock market today: Sensex plunges 250 pts, Nifty below 25,050; Axis Bank down, Wipro up

Stock market today: Sensex plunges 250 pts, Nifty below 25,050; Axis Bank down, Wipro up

Jul 18, 2025, 09:55 AM IST

Benchmark indices, the BSE Sensex and the NSE Nifty50, opened on a muted note on Friday, continuing their rangebound movement amid a lack of directional cues.