1525.5000 4.30 (0.28%)
NSE Sep 12, 2025 15:31 PM
Volume: 770.7K
 

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Tech Mahindra Ltd.
26 Oct 2021
1525.50
0.28%
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...
Axis Direct decreased Buy price target of Tech Mahindra Ltd. to 1660.0 on 03 Sep, 2025.
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