Tech Mahindra Limited’s (NSE:TECHM) Financials Are Too Obscure To Link With Current Share Price Momentum: What’s In Store For the Stock?
Most readers would already be aware that Tech Mahindra’s (NSE:TECHM) stock increased significantly by 24% over the past month. However, we wonder if the company’s inconsistent financials would have any adverse impact on the current share price momentum. Specifically, we decided to study Tech Mahindra’s ROE in this article.
Return on equity or ROE is a key measure used to assess how efficiently a company’s management is utilizing the company’s capital. In simpler terms, it measures the profitability of a company in relation to shareholder’s equity.
