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Tech Mahindra Q3 Results Review — Mixed Quarter With Promising Execution, Deals; Nirmal Bang Maintains 'Hold'
While margin expansion is encouraging, sustained growth acceleration, particularly in the telecom vertical, is crucial for a more positive outlook, says Nirmal Bang.
20 Jan 2025, 06:00 AM IST 
Tech Mahindra's Q3 results demonstrated continued progress in the company's transformation journey, initiated under CEO Mohit Joshi's leadership.
(Photo source: NDTV Profit)
Though the brokerage likes the turnaround story of Tech Mahindra and promising execution, reiterates Hold, pending further evidence of this acceleration and the successful execution of the company's strategic initiatives.
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