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Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
Barclays Maintains Underweight on Tech Mahindra
Barclays has maintained its 'underweight' stance on Tech Mahindra for target price of Rs 480 per share. Barclays says that growth challenges in its telecom industry vertical and its weak enterprise business will lead to lower earnings. Its margins will surprise the consensus negatively going ahead, it adds.