Tech Mahindra Ltd. News and Updates

Name: Latest research reports of Tech Mahindra Ltd. authored by Axis Direct and published by - Trendlyne research reports.
Item: Tech Mahindra Ltd.
Rating: 5
Author: Axis Direct

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Tech Mahindra Ltd.

17 Mar 2020

1461.90

-2.45%

Tech Mahindra, Innoveo partner to drive digital transformation

Economic Times

Through this partnership, both companies will leverage No-Code Platforms to accelerate the launch of custom-built applications for their collective network of clients without software coding in real-time across all banking, wealth management and insurance sectors.

Tech Mahindra Ltd. has an average target of 1742.18 from 11 brokers.

Tech Mahindra Ltd.

08 Mar 2020

1461.90

-2.45%

Tech Mahindra launches women-led ideathon to drive tech innovation

Economic Times

The wider Tech Mahindra family including woman associates, women spouses of other associates and children are invited to participate in this Ideation.

IDBI Capital increased Buy price target of Tech Mahindra Ltd. to 1850.0 on 17 Jul, 2025.

Tech Mahindra Ltd.

06 Mar 2020

1461.90

-2.45%

Event Update:Tech Mahindra

Buy: Tech Mahindra Ltd.

Axis Direct

Higher revenue growth momentum with diversified business structure makes Tech M more robust.

IDBI Capital increased Buy price target of Tech Mahindra Ltd. to 1850.0 on 17 Jul, 2025.

Tech Mahindra Ltd.

03 Mar 2020

1461.90

-2.45%

TechM arm Comviva divests stake in TerraPay to consortium of global investors

Business Line

Mobility solutions provider Comviva, a wholly-owned subsidiary of Tech Mahindra, has divested its entire stake in The Netherlands-based TerraPay to a

IDBI Capital increased Buy price target of Tech Mahindra Ltd. to 1850.0 on 17 Jul, 2025.

Tech Mahindra Ltd.

24 Feb 2020

1461.90

-2.45%

Tech Mahindra to acquire Zen3 Infosolutions for Rs 460 crore in all-cash deal

Business Today

As per the agreement, Tech Mahindra will pay about Rs 300 crore (or $ 42 million) at closing of the deal and remaining amount will be paid over three years linked to financial performance of the company

Tech Mahindra Ltd. has an average target of 1742.18 from 11 brokers.

Tech Mahindra Ltd.

24 Feb 2020

1461.90

-2.45%

Tech Mahindra, Ahlstrom-Munksj collaborate to enable digital transformation with SAP's S/4HANA

Economic Times

The collaboration will deepen the existing strategic partnership to provide a digital roadmap for Ahlstrom-Munksj's global business. The collaboration aims at a company-wide, multi-year business platform renewal program and will be a key enabler in Ahlstrom-Munksj's growth strategy implementation and it will be aligned with many of the ongoing development programs.

Tech Mahindra Ltd. has an average target of 1742.18 from 11 brokers.

Tech Mahindra Ltd.

10 Feb 2020

1461.90

-2.45%

Pick of the Week:10 FEB 2020

Buy: Tech Mahindra Ltd.

Axis Direct

...

Tech Mahindra Ltd. is trading below all available SMAs

Tech Mahindra Ltd.

05 Feb 2020

1461.90

-2.45%

Tech Mahindra Ltd: Information Technology - Software

Hold: Tech Mahindra Ltd.

Karvy

Top Line Outperforms but Margins Suffer: TechM reported yet another strong top line performance

Tech Mahindra Ltd. is trading below all available SMAs

Tech Mahindra Ltd.

05 Feb 2020

1461.90

-2.45%

Result Update:Tech Mahindra

Buy: Tech Mahindra Ltd.

Recommendation Target

Axis Direct

Tech Mahindra posted strong revenue growth of 5.1% on QoQ basis and 6.2% on YoY basis for the period of Q3FY20 at Rs.9, 655 crs. Operating margins have declined marginally by 30 bps QoQ in Q3FY20 at 16.2% due to higher subcontracting cost and ramp up on large deals.

IDBI Capital increased Buy price target of Tech Mahindra Ltd. to 1850.0 on 17 Jul, 2025.

Tech Mahindra Ltd.

04 Feb 2020

1461.90

-2.45%

Result Review - Tech Mahindra

Buy: Tech Mahindra Ltd.

Hem Securities

Tech Mahindra Ltd offers Information Technology (IT) services and solution to telecommunications sector across the world. The Company is a leading Telecom focused provider of IT Services & Solutions to Global Telecommunication Industry, encompassing Telecom Service Providers (TSPs), Telecom Equipment Manufacturers (TEMs) and Independent Software Vendors (ISVs). The Company serves a broad spectrum of customers in the telecom ecosystem. The company also engaged in the...

Tech Mahindra Ltd. has an average target of 1742.18 from 11 brokers.

Is Tech Mahindra Ltd. worth buying?

952 Votes:

Buy 77.63%

Sell 10.82%

Hold 11.55%

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