Tech Mahindra share price is down 1% in the early trade today after the IT major reported a 4.5% drop in Q2 net profit.. Following the result, the brokerages remain divided in their outlook with some staying bullish while others signal caution amid margin concerns. Let’s take a look at what the brokerages are saying –

Motilal Oswal on Tech Mahindra

The firm has maintained its ‘Buy’ rating on Tech Mahindra, setting a target price of Rs 1,900. This implies an upside potential of 29% from current levels.

According to Motilal Oswal, Tech Mahindra’s performance in Q2FY26 was slightly better than expected on several key metrics. The brokerage noted that the company reported USD 1.6 billion in revenue, up 1.6% QoQ in constant currency, led by strong performance in the Retail, Manufacturing,

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