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Tech Mahindra Q3 Review — Disciplined Execution Continues, Says Motilal Oswal Yet Maintains 'Neutral' Stance
The brokerage remains on the sidelines, as it believes Tech Mahindra's current valuation fairly factors in the uncertainties around growth and margin.
19 Jan 2025, 04:18 PM IST 
Tech Mahindra reported Q3 FY25 revenue of $1.5 billion, up 1.2% QoQ in constant currency versus our estimate of flat CC growth.
(Photo source: Vijay Sartape/NDTV Profit)
The brokerage remains positive about the restructuring at Tech Mahindra under the new leadership and believe this quarter was another step in the right direction. But expects the impact from these steps to be visible gradually.
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