Tech Mahindra: The Turnaround Takes Hold
An In-depth Fundamental Analysis of a Resurgent IT Services Leader
I have been reviewing Tech Mahindra’s latest results, particularly the Q4 and FY25 earnings released on April 24th. The company’s recent financial metrics, including substantial deal wins and enhanced profitability (all of which I discuss in-depth below), have contributed to a measurable momentum in stock’s price of late.
In this deep-dive, I present the primary elements underpinning this progress and evaluate their significance for the company’s future.
Let’s first begin with technicals: