Currently, the analyst consensus on Tech Mahindra Limited is a Moderate Buy with an average price target of INR1,620.20, representing a 3.16% upside. In a report released yesterday, ICICI Securities also maintained a Buy rating on the stock with a INR1,800.00 price target.
Based on Tech Mahindra Limited’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of INR150.76 billion and a net profit of INR13.54 billion. In comparison, last year the company earned a revenue of INR133.84 billion and had a net profit of INR11.67 billion
