External broker reports(aggregated public sources), Prabhudas Lilladhar

Prabhudas Lilladhar

Prabhudas Lilladher is one of India's leading research based financial services organisation.  

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only.  Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

Prabhudas Lilladher is one of India's leading research based financial services organisation.

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<ul><li>TechM reported steady revenue growth &amp; strong margin expansion in Q2FY25.</li><li>Revenue came at US$1.59 bn, up 0.7% QoQ in CC vs our expectation of flat growth &amp; cons. est. of 0.4% QoQ CC growth.</li><li>Growth in qtr. was aided by verticals of Hitech, CME &amp; BFSI offset by the weakness in Manufacturing. </li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

TechM reported steady revenue growth &amp; strong margin expansion in Q2FY25.Revenue came at US$1.59 bn, up 0.7% QoQ in CC vs our expectation of flat growth &amp; cons. est. of 0.4% QoQ CC growth.Growth in qtr. was aided by verticals of Hitech, CME &amp; BFSI offset by the weakness in Manufacturing. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Tech Mahindra - Steady Growth & Another Strong Quarter of Margin Expansion…