Tech Mahindra Warns Of Weak Q1 | High Visa Costs & Slow Mobility Biz To Hit Margins

Name: Tech Mahindra Warns Of Weak Q1 | High Visa Costs & Slow Mobility Biz To Hit Margins
Uploaded: 2015-07-01T12:31:54+00:00
Duration: 172 s
Channel: ET NOW
Description: It was a bad start of the week for Tech Mahindra after the company warned investors of a weak quarter where the stock plunged over 7% The management said this was due to seasonal weakness in certain v...

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It was a bad start of the week for Tech Mahindra after the company warned investors of a weak quarter where the stock plunged over 7% The management said this was due to seasonal weakness in certain verticals. Chairman Vineet Nayyar made a point saying that the high visa costs and slow mobility business also may hurt operations. Here’s a detailed report on Tech M.