Please Share:: 
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
Result Previews
Tech Mahindra
Tech Mahindra is slated to report its 2QFY2012 results. We expect the company to
record 2.0% qoq growth in USD revenue to US$295.7mn, majorly led by volume
growth. Revenue from BT account is expected to be flat qoq, while non-BT business
is expected to post 4.0% qoq growth. EBITDA margin is expected to decline by
236bp qoq to 16.3% due to wage hikes given from July 1, 2011. PAT, excluding
earnings from Mahindra Satyam, is expected to settle at `177cr. We maintain our
Buy rating on the stock with a target price of `734.
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
Result Previews
Tech Mahindra
Tech Mahindra is slated to report its 2QFY2012 results. We expect the company to
record 2.0% qoq growth in USD revenue to US$295.7mn, majorly led by volume
growth. Revenue from BT account is expected to be flat qoq, while non-BT business
is expected to post 4.0% qoq growth. EBITDA margin is expected to decline by
236bp qoq to 16.3% due to wage hikes given from July 1, 2011. PAT, excluding
earnings from Mahindra Satyam, is expected to settle at `177cr. We maintain our
Buy rating on the stock with a target price of `734.
No comments:
Post a Comment