Tech Mahindra share price rallied nearly 10% to ₹1164 apiece on the BSE in Monday's opening deals.
Tech Mahindra share price today: The stock of Tech Mahindra — India's sixth largest IT company by market value — skyrocketed on Monday to clock its biggest ...
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Tech Mahindra's stock rose over 10 per cent in early trade, but fell marginally by 10 am. At around 10:15 am, shares of Tech Mahindra were trading 8.37 per ...
At Infosys, Mohit Joshi was the head of Global Financial Services & Healthcare and software businesses, which included Finacle (the banking platform) and the AI/Automation portfolio. He was also responsible for the company’s internal CIO function and the Infosys Knowledge Institute. He has over two decades of experience in the enterprise technology software and consulting space. At around 10:15 am, shares of Tech Mahindra were trading 8.37 per cent higher at Rs 1,150.05 a piece. “Mohit Joshi as the MD & CEO designate of Tech Mahindra. Mohit will take over as MD & CEO when CP Gurnani retires on 19th December 2023.
Joshi joined Infosys in 2000 and has since worked in different capacities for the firm. In his previous role, he was responsible for leading the financial ...
[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). Joshi joined Infosys in 2000 and has since worked in different capacities for the firm. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. In his previous role, he was responsible for leading the financial services business in Europe. He has since taken over as the chief executive of Cognizant. "Market may react positively in anticipation of a strategy roll-out by the new CEO to revive the performance of TechM. Mohit’s experience in BFSI (banking, financial services and insurance, healthcare, Europe, and sales transformation will benefit Tech Mahindra as it is traditionally known for its strength mostly in telecom and communications.” “Mohit may join the list of external candidates such as Sudhir Singh, Salil Parekh, Sanjay Jalona, and Sandeep Kalra who have brought in a significant turnaround to the current organisations.” Joshi was responsible for financial services, healthcare, and life sciences businesses at Infosys. “The Board of Directors placed on record their deep sense of appreciation for the services rendered by Mohit Joshi and for his contributions to the company,” the company said in an exchange filing. He will be on leave and his last date with Infosys will be June 9, said Infosys. Joshi will replace CP Gurnani, who is set to retire in December.
Mohit Joshi has been with rival Infosys for 22 years, and is currently the president at the company.
Joshi has been with rival Infosys for 22 years, and is currently the president at the company. 20 for five years, the company said in an exchange filing over the weekend. Shares of Tech Mahindra Ltd surged nearly 10% on Monday after the Indian information technology services firm appointed Infosys Ltd veteran Mohit Joshi as its new managing director and chief executive officer.
Mohit Joshi, President of Infosys, would take over as the next chief executive officer and managing director from December 20. The appointment is consequent ...
On the technical front, analysts said that backed by news, the stock has seen strong gap-up opening. Joshi has over two decades of experience in the enterprise technology software and consulting space. Mohit’s experience with digital transformation, new technologies and large deals will complement Tech Mahindra’s strategies and continue to build on the strong growth momentum demonstrated by the company,” said TN Manoharan, chairperson of the Tech Mahindra NRC.
On Friday, the company said that it has appointed Mohit Joshi as managing director and chief executive officer designate. He will take over following the ...
Joshi joined Infosys in 2000 and has since worked in different capacities for the firm. In his previous role, he was responsible for leading the financial ...
[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). Joshi joined Infosys in 2000 and has since worked in different capacities for the firm. In his previous role, he was responsible for leading the financial services business in Europe. He has since taken over as the chief executive of Cognizant. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. "Market may react positively in anticipation of a strategy roll-out by the new CEO to revive the performance of TechM. Mohit’s experience in BFSI (banking, financial services and insurance, healthcare, Europe, and sales transformation will benefit Tech Mahindra as it is traditionally known for its strength mostly in telecom and communications.” “Mohit may join the list of external candidates such as Sudhir Singh, Salil Parekh, Sanjay Jalona, and Sandeep Kalra who have brought in a significant turnaround to the current organisations.” Joshi was responsible for financial services, healthcare, and life sciences businesses at Infosys. “The Board of Directors placed on record their deep sense of appreciation for the services rendered by Mohit Joshi and for his contributions to the company,” the company said in an exchange filing. At 9.45 am, the scrip was trading 8.6% higher at Rs 1,153 on BSE. He will be on leave and his last date with Infosys will be June 9, said Infosys.
Joshi joined Infosys in 2000 and has since worked in different capacities for the firm. In his previous role, he was responsible for leading the financial ...
[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). Joshi joined Infosys in 2000 and has since worked in different capacities for the firm. In his previous role, he was responsible for leading the financial services business in Europe. He has since taken over as the chief executive of Cognizant. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. "Market may react positively in anticipation of a strategy roll-out by the new CEO to revive the performance of TechM. Mohit’s experience in BFSI (banking, financial services and insurance, healthcare, Europe, and sales transformation will benefit Tech Mahindra as it is traditionally known for its strength mostly in telecom and communications.” “Mohit may join the list of external candidates such as Sudhir Singh, Salil Parekh, Sanjay Jalona, and Sandeep Kalra who have brought in a significant turnaround to the current organisations.” Joshi was responsible for financial services, healthcare, and life sciences businesses at Infosys. “The Board of Directors placed on record their deep sense of appreciation for the services rendered by Mohit Joshi and for his contributions to the company,” the company said in an exchange filing. At 9.45 am, the scrip was trading 8.6% higher at Rs 1,153 on BSE. He will be on leave and his last date with Infosys will be June 9, said Infosys.
Shares of Tech Mahindra Ltd surged nearly 10% on Monday after the Indian information technology services firm appointed Infosys Ltd veteran Mohit Joshi as ...
Joshi has been with rival Infosys for 22 years, and is currently the president at the company. 20 for five years, the company said in an Register for free to Reuters and know the full story [(TEML.NS)](https://www.reuters.com/companies/TEML.NS) were up 8.2% at 1,148.80 rupees, Infosys [(INFY.NS)](https://www.reuters.com/companies/INFY.NS) fell 1.1% to 1,455.05 rupees. The current average rating of 39 analysts covering Tech Mahindra is "buy" and the median price target is 1,143 rupees, according to data from Refinitiv. [(TEML.NS)](https://www.reuters.com/companies/TEML.NS) surged nearly 10% on Monday after the Indian information technology services firm appointed Infosys Ltd [(INFY.NS)](https://www.reuters.com/companies/INFY.NS) veteran Mohit Joshi as its new managing director and chief executive officer.
Mohit has over two decades of experience in the enterprise technology software & consulting segment, and has worked with large corporations to drive digital ...
[Mahindra](https://www.financialexpress.com/auto/new-cars/mahindra/) and likely increase the BFSI revenue mix in the business (currently at 16%, lowest amongst the largecap Indian IT services). At Infosys, Mohit was head of the global financial services & healthcare and the software businesses. We believe he would likely use the same to drive a higher focus on large deals at Tech
Shares of Tech Mahindra are in focus after the firm announced the appointment of Mohit Joshi as its new managing director and chief executive officer.
TRENDING MOST READ Tech Mahindra reported a fall in third-quarter profit, hurt by a moderation in demand and subdued performance at its communications division. According to Vaishali Parekh, Vice President - Technical Research, Prabhudas Lilladher, Tech Mahindra witnessed a huge gap up opening and resistance near the previous peak zone of Rs 1,164 levels witnessing some profit booking. However, it has a 'Buy' rating on the stock with a target price of Rs 1220 given the industry-leading growth in BPS business, stable to a healthy outlook on its verticals and scope for margin improvement. "Long-term investors can BUY the stock with a target price of Rs1,240," he said. It can do with better discipline in deal pursuits, execution and a higher emphasis on the build over-buy decisions," Pokharna added. The RSI has a pullback and is well-placed indicating strength. The market cap of the firm fell to Rs 1,07,647 crore. However, it has recovered over 20 per cent from its 52-week low of Rs 944.10. The large-cap IT firm stock hit a 52-week high of Rs 1,574.80 on March 25, 2022, and is currently down over 28 per cent from its high.