share price targets

Tech Mahindra: Analysts cheer Tech Mahindra roadmap

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Mumbai: Shares of Tech Mahindra jumped 7.6% as optimism around the company’s three-year growth roadmap outshone concerns over near-term profitability as reflected in the fourth-quarter results, which missed analyst estimates. The stock closed at ₹1,280 and emerged as the top gainer in Nifty on Friday, but the average share price targets mostly suggest limited upside … Read more

Tech Mahindra shares: Analysts mostly retain share price targets on TechM

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Mumbai: Analysts at most top brokerages slightly raised or retained share price targets on Tech Mahindra after the IT company’s third-quarter net profit plunged 60% from the same period a year ago. The stock dropped 5.89% to close at ₹1,325 on Thursday. The average analyst price target on Tech Mahindra by Bloomberg after the third … Read more