Tech Mahindra Ltd., incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 137208.80 Crore) operating in IT Software sector.
Financials
For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 10484.90 Crore, up 7.40 % from last quarter Total Income of Rs 9762.50 Crore and up 10.11 % from last year same quarter Total Income of Rs 9522.40 Crore. Company reported net profit after tax of Rs 1365.70 Crore in latest quarter.
Investment Rationale
Resolute breakout above rising supply line joining previous major highs and MACD in buy mode.
Promoter/FII Holdings
Promoters held 35.7 per cent stake in the company as of June 30, 2021, while FIIs held 36.2 per cent, DIIs 16.7 per cent and public and others 11.4 per cent.
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