1438.8000 -24.90 (-1.70%)
NSE Aug 01, 2025 15:31 PM
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Tech Mahindra Ltd.
03 Nov 2017
1438.80
-1.70%
Reliance Securities
Looking ahead, we expect TechM's Enterprise business to sustain healthy growth momentum. We also expect growth metrics in Communications business to improve further, which could be a key driver for a multiple rerating, apart from margin expansion. We believe that valuation at 11.8x FY19E EPS, which leaves little room for downside, is another positive aspect. Upwardly revising our target PE multiple to 13x from 12x earlier, we maintain our BUY...
Number of FII/FPI investors increased from 1095 to 1103 in Jun 2025 qtr.
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