Tech Mahindra Q1 results likely to disappoint Dalal-Street analysts: Hemindra Hazari

In a chat with ET Now, market expert Hemindra Hazari shares his view on Tech Mahindra.

ET Now: Do you have a view on Tech Mahindra?

Hemindra Hazari: Tech Mahindra has been disappointing for some time. I do not think that even analysts are expecting anything major from the firm, fundamentally.

ET Now: Can they disappoint even on otherwise bleak expectations? The IT firm warned of a weak first quarter, partly due to higher US visa sponsorship costs for its employees.

Hemindra Hazari: That is always possible because Tech Mahindra has been one of those, which has been disappointing analysts for some time now. I would not be surprised if their results come in lower than what analysts were expecting.