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2025-10-14 03:38:54 pm | Source: Motilal Oswal Financial Services Ltd
Sell Tata Technologies Ltd For Target Rs. 570 by Motilal Oswal Financial Services Ltd
Sell Tata Technologies Ltd For Target Rs. 570 by Motilal Oswal Financial Services Ltd

* We expect growth of 1.5% QoQ CC in 2Q. The inorganic contribution from recent acquisition is likely to flow from 3Q onward. Expect the JLR cybersecurity issue to be a major overhang in the coming quarter’s growth numbers.

* Growth momentum is expected to improve in 2H driven by seasonal uplift in products business.

* Comments on demand recovery schedule, client conversation & margin recovery will be key to track.

* Margins are expected to increase to 14.5% as 1Q was tempered due to growth deleverage.

 

 

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