Profit

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

NSE
692.20
Change Change %
-17.50 -2.47%

Updated:21 Nov, 2018, 13:19 PM IST

BSE
691.65
Change Change %
-17.70 -2.50%

Updated:21 Nov, 2018, 13:23 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Deutsche Bank
N/A
17-03-2016 Buy 474.50 725.00
N/A
Closed Long (1Y)
17-03-2017

Deutsche Bank maintains buy on Tech Mahindra

Deutsche Bank has maintained its 'buy' call on Tech Mahindra for target price of Rs 725 per share. It says revival in telecom revenue is the key and tighter cost controls & better utilization is important going ahead. Deutsche Bank adds that conditions will reverse in next six months and the target price is based on price to earnings multiple of 17 times FY17 earnings. 

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