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This Article is From Nov 12, 2021

Tech Mahindra Analyst Meet Update - 5G Spend Remains The Key Opportunity: Motilal Oswal

Tech Mahindra Analyst Meet Update - 5G Spend Remains The Key Opportunity: Motilal Oswal
A Tech Mahindra Ltd. office building in the Electronic City area of Bengaluru, India. (Photographer Dhiraj Singh/Bloomberg)

BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

We attended Tech Mahindra Ltd.'s Investor Day; the overall management commentary was strong for both communications and enterprise, driven by 5G spending.

The communications vertical is expected to continue to witness growth, driven by 5G and digital transformation related spends.

The management also outlined its aspirations to scale up the enterprise verticals (healthcare and lifesciences, manufacturing, hi-tech, banking, financial services and insurance), which should provide comfort on the medium-term growth visibility.

The deal win trajectory has accelerated, which the management expects would sustain.

Tech Mahindra's large-deal strategy and customer-led approach are showing results.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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