Tech Mahindra Share Price Live Updates: Tech Mahindra's impressive three-month gains
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Mint
5 hours ago
- Mint
The Power of Purposeful Work: Rethinking Work in an Uncertain World
The global job market is facing disruption due to rapid technological shifts, geopolitical conflicts, and changing international alliances. These forces have made the employment landscape increasingly volatile and unpredictable, prompting professionals to rethink their purpose in the workforce. Amid this uncertainty, employee insecurity is rising sharply. Only 14% of Indian employees say they are 'thriving', compared to 34% globally. While a staggering 86% report they are 'struggling' or 'suffering' at work, cited in theGallup State of the Global Workplace report. These figures reflect a growing disconnect between workplace conditions and an employee's sense of purpose in their professional journey. Shaili Tyagi, Chief Human Resource Officer at Sheela Foam, believes the disconnect between employees and their work often stems from a lack of clarity around its meaning. Many disengage simply because they don't see how their efforts contribute to the bigger picture. But when they understand the'why' behind their role, it sparks both purpose and ownership. 'Whether someone wants to specialize, shift functions, or lead differently, we must support them with clarity, mentorship, and opportunity. That's how you steward potential—not just manage performance,' she says. This emphasis on alignment and purpose is reflected in Michael Page'sTalent Trends India 2025 report, which highlights a clear shift in employee priorities. Today, workers are actively seeking value alignment, with 62% negotiating raises and 37% successfully securing them within their current roles—indicating that people are willing to stay when the workplace offers more than just compensation. Adding to the perspective, Richard Lobo, Chief People Officer at Tech Mahindra, underscores the need for hyper-personalized career journeys that empower self-driven exploration and foster cross-generational collaboration. This enables employees to thrive and learn from one another. To foster this at scale, Lobo believes in reimagining HR as both enabler and orchestrator. 'We've embraced a pod-based, collaborative HR model that dissolves silos and empowers cross-functional teams to co-create with business leaders—balancing decentralized decision-making with clear strategic alignment,' Lobo adds. However, aligning personal and organizational purposes is becoming increasingly complex, as both continue to evolve. Sandeep Girotra, Executive Director & CHRO at DCM Shriram, believes better outcomes are possible when individual roles connect with the organization's higher vision—and it begins with hiring the right people. 'It's not enough to hire or promote based solely on performance or technical fit. One must look for a strong value fit. Without it, results may come in the short term, but the core purpose gets diluted over time, leading to long-term damage,' he says. 'When the values align, give people the freedom to thrive. More often than not, they will exceed your expectations—and do it with purpose,' he adds. Balaji Ethirajan, CHRO at TVS Supply Chain, shares that long-term engagement stems from purpose congruence between employees and the organization. 'Things like trust, respect, and integrity are universal, and any well-managed company should reflect those. If there's value congruence, employees feel a sense of belonging. That's what leads to long-term engagement—not just compensation or titles,' he says. He adds that younger employees are often leading this shift, driven by a desire to contribute meaningfully to society. 'Good organizations know how to harness this, especially through CSR and volunteerism… It's about giving them the space to express their values while staying connected to the company's larger mission,' he says. While purposeful work may sound qualitative, its impact is quantifiable. A World Economic Forum report states that 63% of departures in 2024 were preventable, driven by factors such as career stagnation, poor work–life balance, and managerial shortcomings. Furthermore, early-stage attrition accounts for 40% of total turnover, representing high-cost exits with no return on investment. According to K.A. Narayan, President – HR at Raymond Group, defining organizational purpose is the first step in retention. 'It's what energizes employees beyond roles and paycheques,' he says. He emphasizes the need for better tools and leadership commitment. 'To align individual strengths and aspirations, companies often use psychometric tools, but behavioral event interviews are more effective. Managers must be trained to support risk-taking and learning from failure. The ideal state is when individual and organizational purposes align.' As the pursuit of purposeful work becomes both more vital and more challenging, it's clear that organizations must not only promote purpose—but measure and strengthen it meaningfully. With this in mind, Mint, in partnership with Deloitte, has launched Mint India's Iconic Workplaces—a workplace excellence certification that helps organizations understand where they truly stand, and how they can bridge the gap between individual purpose and organizational vision through deep, data-driven cultural insights. It's a chance to not only be recognized, but to truly reflect, reset, and rebuild with intention.
Time of India
12 hours ago
- Time of India
IT stocks hit decade-high 3.2% dividend yield as FIIs flee. Should you buy TCS, Infosys, Wipro before Q1 results?
Indian IT stocks are trading at a decade-high dividend yield of 3.2%, while foreign institutional investor (FII) holdings have crashed to 13-year lows, setting up a potential contrarian opportunity just as Q1 earnings season begins with TCS announcing results on July 10. The Nifty IT index has crashed over 10% in 2025, with TCS leading the carnage at a brutal 17% loss. HCL Tech , Infosys , and Wipro have all posted double-digit declines as US economic worries and AI disruption fears hammer the sector. The dramatic reversal in investor sentiment has left largecap IT stocks trading at yields not seen since the Covid period, with individual names like TCS offering a 3.7% dividend yield, higher than its five-year peak of 3.6%. Other IT giants like Infosys (3.2%), HCL Tech (3.7%), Wipro (3.4%) and Tech Mahindra have also turned dividend darlings. "The IT services sector is trading at the highest dividend yield in the last decade (outside the Covid period) and some stocks have started looking very attractive to us," BNP Paribas noted, adding that this offers "downside protection to valuation." FII holding of IT services is near a 13-year low, while DII ownership has also fallen sharply recently. Historically, such low ownership has been a catalyst for the sector's outperformance, said Kumar Rakesh of BNP Paribas, who sees the current positioning as reflecting "excessively bearish investor sentiment." Live Events Also Read | FII selloff in IT stocks tops Rs 16,500 cr in Q1. Time to buy or bail? Brokerages Pick Their Favorite IT Stocks Analysts are showing clear preferences as the earnings season approaches. BNP Paribas added Infosys to their top large-cap picks alongside TCS, while also liking HCL Tech. The firm downgraded LTIMindtree to Neutral after the recent run-up and remains cautious on Tech Mahindra and Mphasis, seeing "significant underperformance risk in Wipro." HSBC continues to prefer Infosys in large-tier stocks and favours "turnaround plays like LTIMindtree & Tech Mahindra. Hexaware and Mphasis are our other preferred names in mid-cap IT." Kotak Equities has listed Infosys, Tech Mahindra, Hexaware, Coforge and Indegene as key picks while expecting TCS, Wipro and ERD names to face cuts in EPS after results. Motilal Oswal's top picks in the largecap space remain HCL Tech and Tech Mahindra. 'We could turn constructive on Infosys if commentary/guidance meaningfully improves and deal wins pick up." Nomura's Abhishek Bhandari has named Infosys, Coforge and eClerx as top picks. In mid-caps, Coforge emerges as the standout favourite across multiple brokerages. Nomura expects 7% quarter-on-quarter constant currency revenue growth for the stock, while Motilal Oswal calls it their "top pick" and also likes "LTIMindtree in an improving environment." BNP Paribas has kept Persistent Systems as its preferred midcap pick, while Kotak sees Coforge leading the growth, followed by Persistent, Hexaware and Mphasis. The shift marks a fundamental change in how investors view the sector. "IT stocks (especially top-tier IT companies) are no longer five-year buy-and-hold compounding stocks; they now require a lot more active management around their cycles/volatility," HSBC analysts warned, noting that "the long-term stock return trajectory gradient will not only be lower than in the past, but stocks will also be a lot more cyclical." Earnings Season Could Provide Catalyst The timing appears crucial as Q1 results begin rolling out this week. HSBC expects large companies to report "flat to slightly positive growth (0-1% q-o-q in cc terms)" which would be "better than feared post the Liberation Day and may herald the bottoming of an earnings downward cycle." Cross-currency tailwinds are providing additional support. "A weak dollar against a basket of currencies will lead to 100-200bp of QoQ cross-currency tailwinds, aiding estimates," noted Motilal Oswal analysts, while Nomura raised USD revenue growth outlook by 50-240bp across their coverage universe to factor in these currency benefits. While analysts acknowledge ongoing challenges including tariff uncertainty and weak discretionary spending, they see signs of stabilization. "While this environment is not conducive to discretionary spending, we expect client enthusiasm to pick up, as serious GenAI projects, especially around productivity gains, start picking up," Motilal Oswal analysts said. The setup for a potential turnaround includes "a US fed rate cut cycle on the horizon, a seasonally strong 1HFY26, and improving deal win rates, especially for a few mid-tier firms," with valuations described as "palatable: not cheap, but there is room to expand if earnings and outlook spring a surprise." Also read: Improved consumption trends bring cheer to FMCG counters As Q1 results unfold this week, the combination of attractive dividend yields, historically low foreign ownership, and potential for earnings stabilization could provide the catalyst Indian IT stocks need to break out of their recent malaise. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Time of India
12 hours ago
- Time of India
Tech Mahindra Share Price Live Updates: Tech Mahindra's impressive three-month gains
08 Jul 2025 | 09:04:39 AM IST Join us on the Tech Mahindra Stock Liveblog, your hub for real-time updates and comprehensive analysis on a prominent stock. Stay in the know with the latest information about Tech Mahindra, including: Last traded price 1622.4, Market capitalization: 158978.79, Volume: 1035, Price-to-earnings ratio 37.39, Earnings per share 43.43. Our liveblog provides a well-rounded view of Tech Mahindra by incorporating both fundamental and technical indicators. Be the first to receive breaking news that can impact Tech Mahindra's performance in the market. Our expert analysis and recommendations empower you to make informed investment choices. Stay informed and stay ahead with the Tech Mahindra Stock Liveblog. The data points are updated as on 09:04:39 AM IST, 08 Jul 2025 Show more
