Tech Mahindra Share Price Today: Stock Jumps 7% After Q2 Results and 1:1 Bonus Announcement
Shares of Tech Mahindra rallied sharply in early trading on Friday, October 16, after the IT services company announced strong second-quarter results for FY2026–27 and recommended a 1:1 bonus issue. The stock climbed more than 7%, with the share price reaching around ₹1,776 on the NSE during morning trade, according to the figures cited in market reports. The recent rally has also pushed the stock up by more than 20% over five trading sessions, as investors responded to improving earning
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Your Wounds
Time doesn’t heal wounds
to make you forget.
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Tech Mahindra Share Price Today: Stock Jumps 7% After Q2 Results and 1:1 Bonus Announcement - Oct 16,2026
IDBI Bank Deal: Who Is Prem Watsa, the Canadian Billionaire Known as ‘Warren Buffett’? - Oct 16,2026
PM Modi Meets Asian Games 2026 Medal Winners: Says Athletes’ Success Is India’s Success - Oct 16,2026
Petrol Diesel Price Update: Government Raises Petrol Export Tax, Cuts Diesel Duty - Oct 16,2026
Tecno Spark 50S 5G Launch Today in India: Check Expected Price, Features and Colours - Oct 16,2026
IDBI Bank Deal: Who Is Prem Watsa, the Canadian Billionaire Known as ‘Warren Buffett’? - Oct 16,2026
Canadian billionaire Prem Watsa is preparing for one of the biggest investments in India’s banking sector as his company, Fairfax Financial Holdings, has been selected to acquire a 60.72% controlling stake in IDBI Bank for ₹52,878 crore. The proposed transaction marks a major development in India’s financial services industry and could pave the way for an integrated business spanning banking, insurance, investment banking and wealth management. Often called the “Warren Buffett of Canada” because of his long-term, value-oriented investment approach, Watsa has built an international financial services business with significant exposure to India. The IDBI Bank transaction represents a major expansion of that presence. The Cabinet Committee on Economic Affairs (CCEA) approved Fairfax’s selection as the strategic
