Mahindra Satyam (Satyam) is slated to announce its 4QFY2013 results today. We expect the company to post revenue of US$363mn, up 2.0% qoq majorly led by volume growth. In rupee terms, the revenue is expected to come in at Rs. 1,964cr, up 1.2% qoq. EBITDA margin is expected to remain almost flat qoq at 21.7%. PAT is expected to come in at Rs. 312cr.
We maintain Buy rating on the stock with a target price of Rs. 135.
