[ad_1] Shares of Tech Mahindra Ltd. declined as much as 4% in trade Friday, July 26. Analysts from multiple brokerage firms have adopted a mixed stance on the stock’s performance, despite the IT services major reporting a decent set of numbers in Q1. Brokerage firm Nuvama Institutional Equities maintained its ‘Reduce’ recommendation on the stock, […]
Tech Mahindra Q1 Results | Revenue betters muted expectations, CEO says telecom decline slowing – CNBC TV18
[ad_1] Tech Mahindra Ltd., reported a constant currency revenue growth of 0.7% for the April-June period, which was marginally higher than the already muted expectations of a 0.4% to 0.5% growth. Among the six IT stocks part of the Nifty 50, Tech Mahindra became the fourth company to deliver positive revenue growth in constant currency […]