Axis Top Picks April 2022
Commodities and IT sectors are the biggest winners of FY22. In the last one year, the Metals sector has gone up 53%, Energy by 40%, commodities by...
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Tech Mahindra: Margins Impacted; Recovery Strategy in Place
Tech Mahindra (TechM) has over 1.2 lakh employees across 90 countries serving 1000+ clients with higher exposure to telecom (40% of revenues)
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Tech Mahindra: Efficient Execution Leads To Better-Than-Expected Performance
We recommend a BUY rating on the stock and assign a 21x P/E multiple to the company's FY24E earnings of Rs 82.6/share to arrive at a TP of Rs 1,700...
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Tech Mahindra Ltd | Company Update
We maintain our ‘Tactical Buy’ call on Tech Mahindra and raise TP to INR2,050 by rolling over to FY24 earnings estimate (from TP of INR1,670...
484 Views