Strong Net new deal win (5-qtr high) TCV at USD 1043 mn up 129% QoQ, 103% YoY and will be at similar levels for 1QF22 given robust deal pipeline. TechM reported modest revenue growth of 1.6% QoQ USD, ~70bps below our and street estimates. Growth was soft in both Communications (+1.4% QoQ USD) and Enterprise (+1.8% QoQ USD) segment. Delay in deal closures and lower-than-expected kicker from Comviva led to revenue miss. Net new deal win TCV was strong this quarter at $1.04 Bn +129% QoQ and 103% YoY. But...