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

1603.20
1.95%
ICICI Securities Limited
In the near term (at least for the next two quarters), the company is expected to face multiple headwinds in terms of pricing pressure, ramp down in projects, lower growth in Comviva and impact on BPS business. Further, on the enterprise side, TechM is expected to see pressure on retail and manufacturing business. In addition, the enterprise side is exposed to more of discretionary spend (related to digital), which will also put pressure on revenue growth. However, we believe the company in the longer term could see improved spending on network operations, 5G, Cloud, AI and customer...
Tech Mahindra Ltd. is trading below its 150 day SMA of 1609.7
More from Tech Mahindra Ltd.
Recommended