Profit

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

NSE
717.20
Change Change %
2.30 0.32%

Updated:16 Nov, 2018, 09:19 AM IST

BSE
716.10
Change Change %
2.60 0.36%

Updated:16 Nov, 2018, 09:23 AM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Equirus Securities
N/A
07-07-2017 Buy 379.25 408.00
N/A
Target Hit Long (1Y)
07-07-2018

Equirus Securities recommends buy on Tech Mahindra

Equirus Securities has recommended buy on Tech Mahindra for target price of Rs 408. It says we continue to retain our 'add' rating driven by limited visibility on growth and margin recovery which in turn could pressure earnings growth. Faster than anticipated recovery in margin coupled with acceleration in telecom are key risks to our estimates.

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