tech mahindra: Buy, Sell or Hold: Motilal Oswal sees over 20% upside in Tech Mahindra; YES Securities maintains add call on ICICI Lombard
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Brokerages are selectively optimistic about mid-tier IT and insurance companies following their recent quarterly results. Synopsis Brokerage firms are optimistic about select IT and insurance companies. Motilal Oswal suggests buying Tech Mahindra, expecting margin growth. Choice Broking recommends adding L and T Technology Services, noting strong deal wins. YES Securities is positive on ICICI Lombard, despite industry margin challenges. These recommendations are based on the companies' recent quarterly performance and future prospects. Brokerages remain selectively positive on mid-tier IT and insurance players after their latest quarterly results.Motilal Oswal has reiterated a ‘Buy’ rating on Tech Mahindra, citing margin improvement and stable growth prospects, while Choice Broking has maintained an ‘ADD’ call on L&T Technology Services, highlighting strong deal wins despite near-term execution challenges.In the insurance space, Y...