1617.0000 -12.10 (-0.74%)
NSE May 16, 2025 15:31 PM
Volume: 1.2M
 

1617.00
-0.74%
BOB Capital Markets Ltd.
Lopsided growth yet again as enterprise business disappoints Tech Mahindra's (TECHM) Mar'19 quarter was below estimates due to a disappointing performance from the enterprise business where a few large projects drew to a close and new contract signing was delayed. Enterprise revenue dipped 2.2% QoQ while communication revenue increased 4.4%. Management retained its FY20 growth outlook and is targeting flat to marginally better operating margins. We trim FY20/FY21 earnings estimates...
Tech Mahindra Ltd. has gained 24.22% in the last 1 Month
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