HomeNewsBusinessStocksSee 20% upside in Tech Mahindra: Rajen Shah

See 20% upside in Tech Mahindra: Rajen Shah

Rajen Shah of Angel Stock Broking believes that there could be a 20 percent upside on Tech Mahindra from current level.

October 28, 2013 / 10:35 IST
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Rajen Shah of Angel Stock Broking told CNBC-TV18, "Tech Mahindra still looks good. It is quoting at about 13 times much cheaper than what Wipro, Infosys or a Tata Consultancy Services (TCS) are quoting at. So we still believe that there could be a 20 percent upside on Tech Mahindra from here."


At 10:07 hrs Tech Mahindra was quoting at Rs 1,542, down Rs 0.50, or 0.03 percent.
The share touched its 52-week high Rs 1,594 and 52-week low Rs 893 on 17 October, 2013 and 07 December, 2012, respectively.
first published: Oct 28, 2013 10:35 am

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