 "Tech Mahindra stock has risen 23 per cent during the December quarter")
Tech Mahindra Q3 preview: IT firm slated to post its Q3FY21 results on Friday, January 29, is expected to post a muted growth in its December quarter profit and revenue on a sequential basis, believe analysts. The growth would be on the back of traction in the communication and enterprise segment. However, on a yearly basis, both the figures are expected to decline.
The stock has risen 23 per cent during the December quarter as against a 24.30 per cent rise in the NSE flagship index Nifty50 during the same period. Meanwhile, the Nifty IT index has jumped 21.55 per cent for
