Tech Mahindra vs Wipro: Which IT Giant Offers Better Value for Investors in 2024?
What’s the best IT stock to invest in, Tech Mahindra or Wipro? Compare their market cap, P/E ratio, net profit, and recent innovations. Tech Mahindra offers strong dividends, while Wipro provides better valuation. Let’s break down their performance! 💼💻 #TechMahindra #Wipro
Tech Mahindra Overview: Comprehensive IT services provider with a market cap of ₹1,60,006 Cr.
Wipro Overview: Global IT & consulting leader with a market cap of ₹2,81,537 Cr.
P/E Ratio Comparison: Tech Mahindra at 64, Wipro at 25.2 for better value.
Net Profit: Tech Mahindra's Q1 FY24-25 net profit ₹624.8 Cr, Wipro at ₹911.8 Cr but facing a Y-o-Y drop.
Dividend & EPS: Tech Mahindra leads with 2.43% dividend yield and ₹25.73 EPS, while Wipro lags at 0.19% dividend yield.
Latest News: Tech Mahindra partners with Marshall Group, Wipro expands AI capabilities with Google Cloud.
#TechMahindra #Wipro #ITStocks #StockMarket #InvestmentAnalysis #StockComparison
