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Team Research

MOSL: Morning India (12/December/17)-1. Tech Mahindra- 2. Shilpa Medicare-3. VRL Logistics (Corner Office); 4. Oil & Gas

MOrning India (12/December/17): 1. Tech Mahindra; 2. Shilpa Medicare; 3. VRL Logistics (Corner Office); 4. Oil & Gas

Today’s top research idea

Tech Mahindra: Betting on mega trends

  • We attended the TECHM Analyst Day in Pune, where the company highlighted its 3-4-3 strategy, the various investments and partnerships it has made to propel it and demonstrated multiple solutions in areas that it is betting on.
  • On a low base of multiple Enterprise verticals, TECHM has worked towards multiple Digital offerings that should take care of the company’s continued growth within the segment.
  • On a low base of multiple Enterprise verticals, TECHM has worked towards multiple Digital offerings that should take care of the company’s continued growth within the segment.
  • It also remains intent on expanding margins every quarter over the course of next few quarters driving our positive thesis on TECHM.

Piping hot news

India's GDP growth seen rising 7.2% in 2018, 7.4% in 2019: UN report

  • India's growth rate is projected to accelerate to 7.2 per cent in 2018 and 7.4 per cent in 2019, the UN said, describing the outlook for the country as "largely positive". Despite the slowdown observed in early 2017 and the lingering effects from the demonetisation policy, the outlook for India remains largely positive, underpinned by robust private consumption and public investment as well as ongoing structural reforms," the United Nations said.


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Motilal Oswal
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