TECHM.NSE Tech Mahindra Ltd.
4,763
1,271.45
13.55
(1.05%)
| Watchers | 4,763 |
| 52-Wk Low | 1,034.05 |
| 52-Wk High | 1,416.30 |
| Market Cap | 1.26T |
| Volume | 1.59M |
| 52-Wk High | 1,416.30 |
| 52-Wk Low | 1,034.05 |
Fewer positive surprises from India Inc's Q4 scorecard caps earnings upgrade: Kotak analystsMoneycontrol • 2 days ago
Kotak analysts say that India Inc has failed to deliver any significant positive surprises in Q4, which is in sharp contrast with the high expectations and valuations seen on the Street
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Prabhudas Lilladher recommended hold rating on Tech Mahindra with a target price of Rs 1135 in its research report dated April 26, 2024.
Motilal Oswal recommended Neutral rating on Tech Mahindra with a target price of Rs 1210 in its research report dated April 25, 2024.
Tech Mahindra CEO and MD, Joshi, said that the turnaround will be happening in phases based on the fiscal year
While Tech Mahindra has laid out a big plan for a turnaround by FY27, brokerages have cautioned about the near-term pressures it will cause
By FY27, Tech Mahindra has set a goal to expand EBIT margin to 15 percent and have higher topline growth as compared to peer average of top six-seven IT services players.
Brokerages also expect a muted deal win for the company in the quarter at around $500 million. In the results commentary, they will watch out for strategies for turnaround from the new CEO and outlook on the telecom vertical
The CoE was inaugurated on Wednesday in the presence of Emon Zaman, Senior Vice President, Asia Pacific, AVEVA, and Narasimham RV, President, Engineering Services, Tech Mahindra.
Tech Mahindra Share Price | "A plan of merger of Born Group Inc, wholly-owned step down subsidiary of the company with its parent company Tech Mahindra (Americas) Inc (TMA), wholly owned material subsidiary of the company, has been approved by the respective companies on Friday, March 22, 2024," the stock exchange filing said.
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