1603.2000 30.70 (1.95%)
NSE May 14, 2025 15:31 PM
Volume: 2.4M
 

1603.20
1.95%
ICICI Securities Limited
Communication grew well better than expectations in the quarter. We expect momentum in communication to continue in FY20E. Hence, we expect growth to be more balanced between communications and enterprise segment vs. prior expectations of mid-single digit growth in communication and 8-10% growth in the latter. Lower growth in enterprise is due to weak outlook in healthcare, BFSI and cut down of less profitable projects. On the deal front, pipeline continues to be healthy with TCV of US$408 million in Q4FY19 and 33% YoY growth in FY19. Although the...
Tech Mahindra Ltd. is trading above its 100 day SMA of 1563.5
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