1459.0000 -26.40 (-1.78%)
NSE Aug 06, 2025 15:31 PM
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Tech Mahindra Ltd.
26 Oct 2021
1459.00
-1.78%
IDBI Capital
Q2FY22 revenue grew 6.4%/+16.4% QoQ/YoY in US$ driven by enterprise segment (60% of revenue) has grown by 7%/15.9% QoQ/YoY in CC terms. Communications, Media and Entertainment (40% of revenue) has grown by 6.7%/16.1% QoQ/YoY. Communication & enterprise to drive long term double digit growth The company has maintained its guidance of double digit revenue growth and 15% margins for FY22. The growth in revenues expectation is based on healthy H1 (15.5% YoY growth) and seasonally strong H2 growth. Hence we have built in a growth of 16.6% for FY22. Further, in the next two years we expect the company to register double...
Tech Mahindra Ltd. is trading below all available SMAs
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