2025-03-30 12:08:59 pm | Source: Motilal Oswal Financial Services Ltd
Buy Tech Mahindra Ltd For Target Rs. 1,950 by Motilal Oswal Financial Services Ltd
* Revenue growth may decline 0.8% QoQ CC in 4Q due to muted recovery in Telecom and Manufacturing (~50% of revenue). While the communications vertical has stabilized, recovery may take time.
* Margins are expected to rise 10bp despite wage hikes as Project Fortius continues to deliver.
* Rate of deal wins saw improvement in 3Q in key verticals such as Telecom and Hi-Tech. We anticipate the company can deliver good deal TCV in 4Q
* The outlook on segments such as CME, especially in US, and manufacturing verticals, will be the key monitorable.
For More Research Reports : Click Here
For More Motilal Oswal Securities Ltd Disclaimer
http://www.motilaloswal.com/MOSLdisclaimer/disclaimer.html
SEBI Registration number is INH000000412
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
Gold hits new record high of Rs 96,805, may touch Rs...
Oil prices climb on short-covering, but tariff conce...
Stock Insights : Brigade Enterprises Ltd, Coal India...
Asia fights drag from Wall St as US assets buckle
Rupee's winning streak threatened by yuan losses, te...
Gold maintains record rally following Trump's critic...
Indian benchmarks may open flat; banks in focus afte...
Being omnivorous or vegan makes no difference to mus...
Daily Market Commentary : The Nifty IT index jumped ...
HM Shah hails security forces? success in anti-Maois...
