February 8, 2025
Home » Neutral on Tech Mahindra, target price Rs 1,485: BNP Paribas Securities Jobbery Stock Market update
Neutral on Tech Mahindra, target price Rs 1,485:  BNP Paribas Securities

BNP Paribas Securities has a neutral call on Tech Mahindra with a target price of Rs 1485. Tech Mahindra’s significant turnaround potential is highlighted due to a new CEO aiming for higher revenue growth and improved margins. Risks include project stoppages, reduced tech spending by customers, and economic decline. Promoters hold a 35.03% stake, and FIIs own 23.66%.

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