1573.1000 79.40 (5.32%)
NSE May 12, 2025 15:31 PM
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Tech Mahindra Ltd.
06 Nov 2019
1573.10
5.32%
ICICI Securities Limited
In this quarter, the company won record new deal wins worth $1.49 billion, up 3.1x QoQ. Of this, the telecom (communication) segment comprised ~$1 billion while enterprise constituted the rest. In addition, the deal pipeline remains strong as per management. A healthy deal pipeline enhances the revenue visibility and execution of these deals would accelerate the growth rate. Further, bottoming out of dragging forces in enterprise segment (auto in manufacturing) would support growth. In addition, momentum in 5G related investments and revenue flow from AT&T; deal would led to growth...
Tech Mahindra Ltd. is trading below its 150 day SMA of 1610.0
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