Tech Mahindra Q4 Earnings Highlights: #TECHM

Tech Mahindra Q4 Earnings Highlights: #TECHM
• Net Profit: ₹1,166.7 Cr-
Up 18.7% QoQ (vs *983.2 Cr) •
Revenue: *13,384 Cr - Up 0.7% QoQ (vs *13,285.6 Cr)
⚫ EBITDA: *1,378 Cr-Grows 2.1% QoQ (vs *1,350.2 Cr)
⚫ EBITDA Margin: 10.3%, Slightly Up from 10.2% QoQ
Technical Analysis Summary:
The stock made a recent high of ₹1,810.
*1,210.
It was in a downtrend but has reversed from a strong support level at
Currently trading at ₹1,445, the stock has formed a Doji candle, indicating a balance between buying and selling pressure.
A break below *1,430-₹1,425 may signal increased selling pressure and potential downward movement.
Conversely, a break above ₹1,465-₹1,470 may trigger buying momentum
and a potential upward move.