Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
769.95
Change Change %
15.25 2.02%

Updated:19 Sep, 2018, 15:59 PM IST

BSE
769.90
Change Change %
14.95 1.98%

Updated:19 Sep, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Nomura
N/A
18-06-2015 Sell 544.05 560.00
N/A
Target Hit Custom
18-06-2016

Nomura Downgrades Tech Mahindra to Neutral

Nomura has downgraded Tech Mahindra to 'neutral' from 'buy' and has cut its target price to Rs 560 from Rs 625. Nomura says that Tech Mahindra is likely to see near-zero organic revenue growth in FY16 and It expects EBIT margin recovery to 15 per cent from current (Q4) 12.4 per cent to be delayed by a year to FY17.

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