Tech Mahindra shares fall 6% post Q3; what should investors do?
The IT major’s net profit fell 60.6% YoY to ₹510 crore, while revenue from operations slipped 5% to ₹13,101 crore in Q3 FY24.
The IT major’s net profit fell 60.6% YoY to ₹510 crore, while revenue from operations slipped 5% to ₹13,101 crore in Q3 FY24.
Citi has downgraded Tech Mahindra to “sell” from “neutral” and cut the target price to ₹955 from ₹1,100.