A jump in profits and bouts of fresh deals show Tech Mahindra is finding its rhythm, but revenue dip in key markets has ...

The stock had settled at Rs 238.90 on Wednesday, up 4.65 per cent.  The stock has gained 12 per cent in the past one month and is up 49 per cent since February lows.

Both Macquarie and Jefferies both noted the hotel segment's outperformance, driven by strong RevPAR growth, occupancy gains, and the scaling of its Sri Lanka project, ITC Ratnadipa.