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01 Oct 2026, 16:10 IST

Tech Mahindra Limited

HDFC Securities · ADD · target INR 1,660

The note says Tech Mahindra will post one of the best tier-1 prints at +0.9% QoQ CC, tier-1-leading +5.3% YoY CC growth and ~190bps YoY margin expansion, with target price raised to INR 1,660.

From IT Q2FY27 Sector Preview HSIE, written by HDFC Securities. Orivam summarised it; the view is HDFC Securities's, not Orivam's.

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