22 Oct 2025 | 5 Mins Read
Tech Mahindra sees margin improvement but faces broader economic hurdles
Flipitmoney
Tech Mahindra's stock lost 10% in 5 sessions after disappointing bourse performance despite better-than-expected September quarter numbers due to delay in project ramp-ups, US policy concerns on tariffs and H1B visa. Analysts lowered FY26 and FY27 earnings expectations by 2-6% and reduced 12-month target price by 5-9% on near-term challenges and recession fears affecting operating margins.