Weaker deal wins than peers could impact Tech Mahindra's Q4 revenue growth
Mon, Apr 26, 2021 9:38 AM

Weaker deal wins than peers could impact Tech Mahindra's Q4 revenue growth

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Tech Mahindra is expected to report 2-3% sequential growth in dollar revenue and 1.5-2% QoQ growth in constant currency for the quarter ended March 2021 due to the weak new deal signings in the past nine months. Brokerages expect better deal wins for the March quarter. The stock has fallen 2.4% in the current calendar year so far, underperforming Nifty IT index that gained 5.6% in the same period.

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