tech mahindra (Emkay) In line performance, Upgrade to Accumulate

In line quarter show, strong growth outside of top client; Outlook on BT remains unchanged, see pickup in growth in H2FY12; Upgrade to ACCUMULATE, TP unchanged at Rs 730
Date Rating Target Price Recommendation Price Broker house
26 May 2011 accumulate (from hold) 730 659 Emkay Report

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