Tech Mahindra shares surged 7% after the company reported strong Q2FY27 results, including 32.7% profit growth and 15.6% higher revenue. Its board declared a ₹15 interim dividend and approved a 1:1 bonus issue, subject to shareholder approval. Shares of IT stock Tech Mahindra surged 7% on Friday, October 16, making the IT stock the top gainer on the Nifty 50 index after the company reported strong September-quarter results for FY27 (Q2FY27).