Tech Mahindra Stock Call: Nomura, CLSA bullish after Q2 results; Jefferies, Morgan Stanley urge caution

Brokerages were mixed on Tech Mahindra after Q2 results, with Nomura and CLSA bullish on margin gains and turnaround progress, while Jefferies and Morgan Stanley remained cautious on growth recovery.

Oct 15, 2025 - 07:00
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Tech Mahindra Stock Call: Nomura, CLSA bullish after Q2 results; Jefferies, Morgan Stanley urge caution
Brokerages were mixed on Tech Mahindra after Q2 results, with Nomura and CLSA bullish on margin gains and turnaround progress, while Jefferies and Morgan Stanley remained cautious on growth recovery.

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