Profitmart is bullish on Share India Securities has recommended buy rating on the stock with a target price of Rs 2400 in its research report dated December 30, 2023.
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45 companies to release September quarter results today, including Tech Mahindra and Axis Bank. Q2 results disappoint investors so far amid geopolitical tensions and inconsistent quarterly results.
Revenue growth at Tech Mahindra Ltd. faltered for a second straight quarter in July-September period, underscoring the slowdown threat faced by India's $245-billion IT services industry.
Revenue of the Pune-based outsourcer fell 2.25% over the previous three months to Rs 12,863.9 crore in the quarter ended Sept. 30, according to an exchange filing on Wednesday. That compares with the Rs 13,244.6-crore consensus estimate of analysts tracked by Bloomberg.