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TECHM MARGIN OUTLOOK
Market Wrap: Sensex drops 516 points, Nifty closes below 24,200 amid fresh Iran-US escalations, smallcaps outperformIndian stock markets experienced a second consecutive day of losses, with the Sensex and Nifty 50 falling over 0.6% each due to escalating ...
Sensex drops 516 points, Nifty closes below 24,200 amid fresh Iran-US escalations, smallcaps outperformIndian stock markets extended losses for a second day, with the Sensex and Nifty 50 dropping over 0.6% each due to escalating Iran-US tensi...
Reduce Tech Mahindra, target price Rs 1,250: ICICI SecuritiesICICI Securities maintains a Reduce call on Tech Mahindra, setting a target price of Rs 1250 against the current market price of Rs 1440.9....
Tech Mahindra Q3 results preview: PAT could jump by up to 102% YoY amid healthy uptick in marginsTech Mahindra's Q3FY25 revenue is projected to increase by 0.7% to 2.6% YoY, with adjusted net profit potentially rising by 42% to 102%. An...
Tech Mahindra Q4 Results Preview: Weakness to persist as profit, revenue seen fallingTechM to report -1.4% quarter-on-quarter decline in CC and -1.0% decline in USD - driven by weakness in the Telecom segment and absence of ...
Tech Mahindra Q3 result preview: Revenues to decline QoQ; deal wins to be mutedTech Mahindra Q3 result preview: Tech Mahindra is expected to see a sequential decline in quarterly revenue due to weakness in the communic...
TCS, HCL Tech to kick-off Q1 earnings season on July 12; Infosys results on July 20Indian IT companies, including TCS, HCL Technologies, and Infosys, are set to release their earnings for the first quarter of 2023. Despite...
Rs 43,000 crore-reshuffle! Mutual funds sell 3 bank stocks to pick 5 largecapsMutual funds in India sold stakes in the country's 3 largest private banks in April, with ICICI Securities estimating that they sold over I...
Analysts differ on charting Tech Mahindra's courseJefferies raised earnings estimates and price targets to account for higher margins but remained uncertain over the growth outlook. "While ...
Painful or rewarding: How would Tech Mahindra's push on acquisitions turn out?Tech Mahindra (TechM) has used acquisitions to gain or bolster capabilities, enter or strengthen presence in a geography, and get access to...
Tech Mahindra's EBIT margin will be over 14% for FY23: CP Gurnani"We do not give a headcount target because that is a forward view and guidance, so we will stay away from it but as we had articulated that...
TechM Q2 preview: Profit may jump over 20% YoY; TCV seen at $750 millionOn a sequential basis, while sales may rise 4 per cent, profit may see a degrowth and margins may fall, analysts said.
Hold Tech Mahindra, target Rs 635: Reliance SecuritiesTech Mahindra is a largecap company, operating in information technology sector.
Tech Mahindra Q1 earnings: Numbers likely to be softerMotilal Oswal Financial Services has a similar view on the midcap IT firm.
Buy Tech Mahindra, target Rs 810: JM FinancialBuy Tech Mahindra Ltd. at a price target of Rs 810.0 .
Wipro to announce Q2 earnings on Tuesday; here’s what analysts sayWipro may register 5.3% rise in revenue in rupees term, according to Reliance Securities.
Tech Mahindra to focus on bottomline as market turns more hazyTechM added Rs 950 crore cash in the December quarter, taking the total cash/equivalents to Rs 4,951 crore.
Tech Mahindra surges 7% after Q2 numbersRevenues for the quarter rose 3.6 per cent YoY to Rs 7,167.40 crore from Rs 6,921 crore reported for the June quarter. The numbers were bet...
- Tech Mahindra falls 15% on bourses as brokerages downgrade stock
After falling 14.91 per cent to Rs 545 in intra-day at the BSE, shares of Tech Mahindra finally ended at Rs 549.35, down 14.24 per cent fro...
Brokerages bullish on IT sector outlook for this yearBarclays expects March quarter results to have a growth divergence for IT cos with revenue traction for Infosys and TCS lagging that of HCL...