Tech Mahindra to Conduct Pool Campus Drive at Sphoorthy Engineering College

Sphoorthy Engineering College, Nadergul, is set to host a Pool Campus Placement Drive in collaboration with Tech Mahindra on May 22, 2025. The drive, open to graduates from 2023, 2024, and 2025 across all streams, offers immediate joining opportunities.
The event will run from 9:00 AM to 6:00 PM. Candidates must bring a hard copy of their resume, academic documents, ID proof, and two passport-sized photos. The selection process includes a Pre-Placement Talk, Preliminary Round, and Interview. For details, contact Dr. D. Hemanath (9121001921) or Dr. C. Lakshmi Nath (9866333954).

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• Business Standard

Bajaj Auto, Tech Mahindra, L&T Tech: Analyst pick 3 stocks to buy today

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Mint

11-06-2025

• Mint

Tata Group stocks lead as 18 Nifty 50 stocks surge up to 37% in just 2 months. Do you own any?

Stock market today: Tata Motors, Tech Mahindra, Hero MotoCorp, Trent, Reliance Industries, M&M, and Bajaj Auto are among more than a dozen Nifty 50 stocks that have recovered sharply from their recent lows, as improved investor sentiment toward riskier assets, driven by favorable domestic and global cues, has helped these stocks regain lost momentum. In addition to continued domestic buying, overseas investors have also returned in May, contributing to the sharp recovery in Nifty 50 heavyweights from their April lows. Global factors such as easing trade tensions, progress in US trade negotiations with key partners, and reduced fears of a global economic fallout have supported sentiment. On the domestic front, the long-awaited India–UK free trade agreement (FTA), stronger-than-expected Q4 GDP growth, early monsoon, expectations of an India–U.S. trade deal, and improved liquidity conditions in the financial system have all aided the robust recovery in the Indian stock market. Although valuations still appear stretched across sectors and stocks, expectations of earnings recovery in the current fiscal year have encouraged domestic investors to continue their buying spree. Against this backdrop, 18 constituents of the Nifty 50 index have rebounded more than 35% from their April 7 lows. Tata Motors led the recovery, surging 36.7%, followed by other Tata Group stocks, Trent, Titan Company, and TCS, which gained 30%, 20.5%, and 13.31%, respectively. Stock Name Recovery from April 07 lows Tata Motors 36.68% Tech Mahindra 33.20% Dr. Reddy's Laboratories 32.24% Hero MotoCorp 30.95% Trent 29.55% Reliance Industries 29.03% HCL Technologies 28.04% Mahindra & Mahindra 26.49% Larsen & Toubro 24.10% Infosys 22.11% Bajaj Auto 21.68% Titan Company 20.49% Hindalco Industries 20.48% ONGC 19.36% TCS 13.31% Cipla 13.17% Wipro 11.79% ITC 9.45% Source: Trendlyne Among auto stocks, Hero MotoCorp, Mahindra & Mahindra, and Bajaj Auto have risen 31%, 26.49%, and 22%, respectively. In the pharma sector, Dr. Reddy's Laboratories and Cipla jumped 32.24% and 13%. Within the tech pack, Tech Mahindra, HCL Technologies, Infosys, and Wipro climbed 32.2%, 28%, 22.11%, and 12%, respectively. The next leg of the rally in Nifty 50 stocks hinges on multiple factors, especially as the 90-day pause on reciprocal tariffs by the US is set to end in July, and no clear progress has emerged from the ongoing trade talks between China and the US. Additionally, Mint had earlier reported that the US had put forward tough terms in its trade negotiations with India. Until strong growth is visible in high-frequency indicators, valuation concerns are likely to persist. Analysts believe the market needs clear signs of revenue and earnings acceleration to break out of its current range. 'In the near term, the market will respond to news regarding the trade negotiations between the US and China. If there is a clear agreement, the market will respond positively, and there is a high probability of Nifty breaking above 25,100 and remaining above this level. Liquidity will support a mild rally. But a strong rally needs earnings support. There are no indications yet about a strong recovery in earnings. This will cap any short-term rally in the market,' said Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before taking any investment decisions.

New Indian Express

04-06-2025

• New Indian Express

Indian markets open higher on Wednesday led by auto, IT stocks

CHENNAI: Indian equity benchmarks opened higher on Wednesday, June 4, supported by sustained buying in auto, IT, and select financial stocks. The BSE Sensex rose 160 points to settle at 80,901, while the Nifty50 added 53 points, or 0.22%, to close at 24,596, reflecting investor optimism post-election results and strong sectoral cues. Prominent gainers in the morning trade on the Sensex included Bharti Airtel, Tata Motors, Tech Mahindra, Maruti Suzuki, Bajaj Finserv, Bajaj Finance, M&M, Nestle India, IndusInd Bank, Tata Steel, and Eternal. These stocks rose up to 1.4% on an average, driven by strong domestic demand expectations, robust earnings outlook, and sectoral strength in auto and IT. On the other hand, weakness was seen in stocks like TCS, Titan, Asian Paints, ICICI Bank, Adani Ports, Sun Pharma, and Axis Bank. These counters shed up to 0.65%, likely due to profit-booking and cautious investor sentiment in defensive and financial sectors. Broader Markets & Sectors On the broader markets, Nifty MidCap 100 rose 0.09%, and Nifty SmallCap 100 was slightly up by 0.17% While in the sector-wise movement, Nifty Auto was up 0.60% and Nifty IT rose 0.56%. While Nifty Metal moved 0.33% higher.