Tech Mahindra shares surge but Citi says ‘sell’, highlights key re-rating triggers

Tech Mahindra shares surged over 4% despite Citi’s ‘sell’ rating with a ₹1,260 target. CLSA kept an ‘Outperform’ rating with a ₹1,698 target. The stock hit ₹1,404.70 intraday high.

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