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.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!