1696.1000 12.10 (0.72%)
NSE Jun 20, 2025 15:31 PM
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Tech Mahindra Ltd.
31 Oct 2023
1696.10
0.72%
ICICI Securities Limited
We recently upgraded TechM to BUY from Sell (read our report here link). With that, we now delve into and address key ensuing concerns flagged by investors, essentially: 1) Why do we expect margins to revive from Q1FY25 revenue growth from FY26; 2) What are TechM’s capabilities in BFSI? and what opportunities can it tap into to scale up in this vertical?; 3) What is recently appointed COO Atul Soneja’s track record.
Tech Mahindra Ltd. has an average target of 1717.80 from 10 brokers.
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