CMP : 440
Target Price : 530
For 3QFY2016, Tech Mahindra posted a 0.4% qoq growth in revenues to
US$1,015mn V/s an expected US$1,021mn and V/s US$1,011mn in 2QFY2016.
On constant currency (CC), the company posted a 1.2% qoq revenue growth. On
the operating front, the EBDITA margin came in at 16.9% V/s an expected 17.2%
and V/s 16.6% in 2QFY2016, a qoq expansion of 70..