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Tech Mahindra shares trading lower ahead of Q4 earnings, here s what to expect
The IT major is likely to post a 2-3 percent sequential growth in dollar revenue in the fourth quarter of the financial year 2020-21 (Q4FY21)
BusinessToday.In | April 26, 2021 | Updated 12:04 IST
Tech Mahindra share was trading lower ahead of its March quarter earnings to be announced on Monday. The stock hit an intraday low of Rs 936.85. The IT major is likely to post a 2-3 percent sequential growth in dollar revenue in the fourth quarter of the financial year 2020-21 (Q4FY21).
Tech Mahindra is expected to witness 3.0 percent QoQ growth in dollar revenues led by healthy traction in communication & enterprise segment and cross-currency tailwind. The rupee revenues are expected to grow 1.8 percent QoQ, said ICICI Direct. ....

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