- Tech Mahindra‘s net income for the first quarter was 11.4 billion rupees, below the estimated 11.84 billion rupees.
- The company’s revenue reached 133.5 billion rupees, slightly missing the expectation of 134.25 billion rupees.
- Employee attrition stood at 12.6%, indicating the percentage of employees leaving the company during this period.
- The current number of Tech Mahindra employees is 148,517, which is lower than the estimated 150,668.
- Analyst recommendations include 21 buys, 9 holds, and 16 sells, reflecting varying opinions on the stock’s performance.
A look at Tech Mahindra Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Tech Mahindra is positioned for a positive long-term outlook. With a high score in Dividend and Momentum, the company shows strength in providing returns to investors and maintaining its current growth trajectory. Additionally, scoring well in Resilience indicates a solid ability to weather market fluctuations and challenges. Although Value and Growth scored slightly lower, the overall outlook remains favorable for Tech Mahindra.
Tech Mahindra Ltd. specializes in developing and marketing computer software, catering to a diverse range of clients including telecommunications equipment manufacturers, service providers, software vendors, and systems integrators. The company’s strong performance in Dividend, Momentum, and Resilience bodes well for its future prospects, showcasing stability and growth potential in the dynamic tech industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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