November 7, 2024

TechM

Hold Tech Mahindra with a target of Rs 1350: ICICI Securities

Hold Tech Mahindra with a target of Rs 1350: ICICI Securities

Ratnavali02 mins

Tech Mahindra (TechM) has reported slightly better-than-expected revenue performance, showing a 0.8% quarter-on-quarter constant currency decline in Q4FY24. This was primarily driven by strong performance in the BFSI (Banking, Financial Services, and Insurance) vertical. The company also saw a notable 31% quarter-on-quarter growth in Total Contract Value (TCV), with an EBIT (Earnings Before Interest and…

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Wipro, HCL Tech, TCS, Infosis, and TechM shares: FY25 consensus EPS falls substantially. What lies ahead?

Wipro, HCL Tech, TCS, Infosis, and TechM shares: FY25 consensus EPS falls substantially. What lies ahead?

9planetswebs07 mins

Wipro, HCL Tech, TCS, Infosys, and TechM shares: Based on projections of significant deal-driven growth acceleration, the consensus 12-month forward profit growth forecast for the two IT companies stands at 11% at the moment. Over the previous 12 months, the average expectations for the earnings per share (EPS) of the top five IT companies—Tata Consultancy…

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