Tata Technologies Shares Drop 5% on Weak Q4 Results!!

Share Market Today

Tata Technologies shares fell 5% after disappointing Q4 results.

Quarterly net profit declined by 27%, with a 7.22% YoY drop in revenue.

Full-year PAT rose 16% YoY, with special and final dividends recommended.

CEO highlights growth in operating revenue and EBITDA.

Company Details

JM Financial rates Tata Tech stock as a "buy," projecting a 29.7% upside.

Analysts anticipate resilient growth despite challenges, with diversified portfolio strengths.

Expectations for flat margins in FY25 prompt slight adjustments in EPS estimates.

Tata Tech's enhanced growth engines bolster optimism for sustained momentum.

Open Demat A/C