Arihant Capital's Abhishek Jain Is Positive On TECHM Despite Weak Q2 Earnings. Know Why?

Arihant Capital's Abhishek Jain maintains a positive outlook on TECHM, even in the face of weak Q2 results. He highlights the company's robust client portfolio, including clients like BCCI, and a substantial project pipeline worth approximately $640 million. TECHM's new organizational structure aims to streamline operations, with a dedicated budget for 5G initiatives. They are also prioritizing AI development and cost reduction in sub-contractor expenses. Furthermore, a recent management change is expected to yield favourable outcomes for the company.