IT: More of the same is good news
IT sector (coverage universe) continues to transition from a protracted IT upgrade cycle and low discretionary spending to some normalisation in...
317 Views
Tech Mahindra - Roadmap Engineered for Long Term Success: Upgrade to Buy
The management has outlined a strategic plan over the next three years to enhance the company’s sustainability and predictability in terms of...
225 Views
Tech Mahindra (Q4FY24): Work in progress. Maintain REDUCE
The medium-term goals are promising and the leadership changes as well as the rejig in org structure do add credibility to the plan, in our opinion
440 Views
Tech Mahindra - Results Miss Expectations; Outlook Remains Weak
In Q4FY24, Tech Mahindra Ltd. (Tech M) reported revenue of Rs 12,871 Cr, down 1.8% on a QoQ basis, hich stood below expectations.
443 Views
IT Sector (Q4FY24E Results Preview): Transition period from ‘gradually’ to ‘eventually’
IT sector (coverage universe) growth is expected to bottom out in Q4FY24 and recover ‘gradually’ in FY25E. The slowdown in macro is still a...
351 Views