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Motilal Oswal Issues Buy Rating for Tech Mahindra with Target Price of Rs 1950
M
Moneycontrol•16-10-2026, 11:39
Motilal Oswal Issues Buy Rating for Tech Mahindra with Target Price of Rs 1950
- •Motilal Oswal remains bullish on Tech Mahindra in its latest research report.
- •The brokerage firm has recommended a buy rating on the stock.
- •A target price of Rs 1950 has been set for Tech Mahindra based on the report dated October 15, 2026.
Key Questions Answered
Motilal Oswal is bullish on Tech Mahindra and has recommended a buy rating on the stock with a target price of Rs 1950 in its research report dated October 15, 2026.
In 4QFY26, Tech Mahindra reported USD1.6b in revenue with an EBIT margin of 13.8%. Later in 1QFY27, the company reported revenue of USD1.7b and an EBIT margin of 14.4%.
Motilal Oswal previously set target prices of INR1,750 in April 2026 and INR1,900 in July 2026, before raising it to Rs 1950 by October 2026.