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

1603.20
1.95%
ICICI Securities Limited
Deal wins, positive outlook set stage for FY21E-22E It was a strong quarter on the revenue front with revenues witnessing 5.1% sequential growth (above our 2.5% growth estimate). Growth was driven by telecom (communication) segment, which grew 8.9% QoQ led by ramp up of AT&T; deal in the quarter. In addition, healthy growth in banking & insurance (6.7% QoQ growth) and retail (8.1% QoQ) also drove the growth above expectations. Further, the deal winning momentum continued as TechM witnessed a strong deal intake of $1.23 billion with ~$1.08 billion in...
Sharekhan decreased Buy price target of Tech Mahindra Ltd. to 1650.0 on 25 Apr, 2025.
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