BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Nomura retains buy on Tech Mahindra
Revenues surprised with 4.7 per cent sequential growth in Q2. Growth outlook has improved. BT remains a concern given management guidance of a decline. Valuations at around12-times FY15 EPS are reasonable. Target raised from Rs 1580 to Rs 1750.