Reuters Market Eye - UBS upgrades Tech Mahindra
The investment bank says the recent rupee weakness will help offset some of the cost associated with trying to increase revenue.
UBS adds that its shares valuations at a 50 percent discount to Tata Consultancy Services Ltd
Tech Mahindra's shares are up 1.6 percent at 10:32 a.m.
(Reporting by Abhishek Vishnoi)