Tech Mahindra Q3 Review: Evaluating Opportunities Under New CEO Mohit Joshi’s Leadership
Tech Mahindra’s Q3FY24 meets street expectations, but concerns arise from a demand slowdown. Stock experiences a notable 31% surge in the last 12 months, outperforming Nifty IT index. Nomura maintains ‘buy,’ sets Rs 1,470 target; awaits new CEO Mohit Joshi’s turnaround plan in April 2024. CEO Joshi’s restructuring focuses on sales, profit margins, and internal … Read more