Tech Mahindra Ltd Analyst Rating
based on 41 analysts
54.76%
Buy
16.67%
Hold
28.57%
Sell
Based on 41 analysts offering long term price targets for Tech Mahindra Ltd. An average target of ₹1659.78
Source: S&P Global Market Intelligence
Tech Mahindra Ltd Share analysis
Tech Mahindra Ltd price forecast by 41 analysts
Downside of
High
₹2000
Target
₹1659.78
Low
₹1050
Tech Mahindra Ltd target price ₹1659.78, a slight downside of -0.94% compared to current price of ₹1675.6. According to 41 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Tech Mahindra Ltd revenue growth forecast
Expected growth rate Q1, FY2026:11.31%
Forecast
Actual
Including amortisation and stock based compensations
Tech Mahindra Ltd EPS growth forecast
EPS estimate Q1, FY2026:141.86%
Forecast
Actual
Source: S&P Global Market Intelligence
Tech Mahindra Ltd Performance
Day's Low
Day's High
₹1,663.65₹1,68952 Week's Low
52 Week's High
₹1,128₹1,761.85
| Returns % | |
| 1 Month Return | -1 % |
| 3 Month Return | + 9.92 % |
| 1 Year Return | + 42.76 % |
| Market Stats | |
| Previous Close | ₹1,687.00 |
| Open | ₹1,680.00 |
| Volume | 10.64L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹1,63,947.05Cr |
Tech Mahindra Ltd Key Statistics
| P/E Ratio | 45.3 |
| PEG Ratio | -11.89 |
| Market Cap | ₹1,63,947.05 Cr |
| P/B Ratio | 5.27 |
| EPS | 27.16 |
| Dividend Yield | 3.2 |
| Sector | IT - Software |
| ROE | 8.8 |
Tech Mahindra Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹1,63,947.05 Cr | 24.19% | 0.55 | ₹2,396 Cr | ₹51,995 Cr | |
| HOLD | ₹1,76,156.86 Cr | 52.96% | 0.54 | ₹4,584 Cr | ₹35,517 Cr | |
| ₹2,97,679.25 Cr | 25.02% | 0.57 | ₹11,112 Cr | ₹89,760 Cr | ||
| HOLD | ₹5,06,030.70 Cr | 44.99% | 0.53 | ₹15,710 Cr | ₹1,09,913 Cr | |
| BUY | ₹15,01,632.95 Cr | 17.79% | 0.54 | ₹46,099 Cr | ₹2,40,893 Cr |
About Tech Mahindra Ltd
The company operates in several lines of business, such as enterprise business solutions, digital transformation, IT services, network services, and business process outsourcing. Its top products include enterprise mobility solutions, cloud computing solutions, analytics, and big data solutions.
Tech Mahindra is well-known for its popular brands such as Mahindra Comviva, Mahindra Satyam, and Mahindra Aerospace. It also has strategic partnerships with world-renowned companies such as Microsoft, Oracle, and HP. The company also provides a wide range of services including managed services, application development, and system integration.
Share Price: ₹1675.60 per share as on 13 Nov, 2024 04:01 PM
Market Capitalisation: ₹1,63,947.05Cr as of today
Revenue: ₹13,313.20Cr as on September 2024 (Q3 24)
Net Profit: ₹1,257.50Cr as on September 2024 (Q3 24)
Listing date: 28 Aug, 2006
Chairperson Name: Anand Mahindra
| Organisation | Tech Mahindra Ltd |
| Headquarters | Pune |
| Industry | IT - Software |
| E-voting on shares | Click here to vote |
Key events for Tech Mahindra Ltd
Tech Mahindra Reports Revenue Growth and New CEO Strategy - 12 Nov, 2024
Tech Mahindra achieved a revenue growth of 0.32%, totaling $1.6 billion for the July-September 2024 period. New CEO Mohit Joshi aims to improve operating margins from under 10% to 15% by FY27.
Tech Mahindra Market Cap Increases by ₹4,312.56 Crore - 10 Nov, 2024
Tech Mahindra's market capitalization rose by ₹4,312.56 crore this week, reaching a total of ₹1,68,822.56 crore. The last traded share price was ₹1,681.35, reflecting a weekly gain of approximately 2.62%.
Tech Mahindra Shares Gain Amid Positive IT Outlook - 08 Nov, 2024
Tech Mahindra shares rose by 2% during intra-day trading on the NSE, reflecting optimism for growth in FY25 due to easing sector challenges and a favorable lower base.
Tech Mahindra Shows Strong Performance in BFSI Segment - 07 Nov, 2024
Tech Mahindra reported significant EBIT improvement of 490 basis points in the BFSI segment, with a strong deal pipeline and a focus on profitability recovery.
Tech Mahindra Stock Rises Amid IT Sector Gains - 06 Nov, 2024
Tech Mahindra's stock increased by 2.68% to Rs 1,676.95, highlighting a positive trend in IT stocks reminiscent of strong gains during Trump's presidency.
Tech Mahindra Reports Strong Profit Growth - 05 Nov, 2024
Tech Mahindra reported a 153% year-on-year increase in net profit, reaching Rs 1,250.10 crore. Axis Securities recommends a Buy with a target price of Rs 1,850, anticipating margin improvements in the coming quarters.
Tech Mahindra Declares Dividend Amid Market Losses - 31 Oct, 2024
Tech Mahindra announced an interim dividend of Rs. 15 per share, with a record date of November 1, 2024. However, the stock faced significant losses, being one of the top Sensex losers, down 4.70% amid negative market sentiment.
Tech Mahindra Declares Interim Dividend of Rs 15 - 30 Oct, 2024
Tech Mahindra announced an interim dividend of Rs 15 per share, with an ex-dividend date of October 31 and a record date of November 1, 2024.
Tech Mahindra Shows Strong Growth and AI Commitment - 28 Oct, 2024
Tech Mahindra, with a market cap of ₹1.52 trillion, reports a 7.5% annual revenue growth and anticipates a 24.9% earnings surge over three years. Its collaboration with NVIDIA enhances AI integration across sectors, despite a recent earnings contraction.
Tech Mahindra Announces Ex-Dividend Date and Amount - 26 Oct, 2024
Tech Mahindra Ltd will trade as an ex-dividend stock on October 31, 2024, offering an interim dividend of Rs 15 per share.
Tech Mahindra Advances AI Development with Nvidia Partnership - 24 Oct, 2024
Tech Mahindra is enhancing its AI capabilities through a partnership with Nvidia, establishing a Centre of Excellence and developing the Indus 2.0 AI model focused on Hindi dialects. The stock shows resilience, presenting a good accumulation opportunity.
Tech Mahindra Reports Strong Q2 Growth and Dividend - 23 Oct, 2024
Tech Mahindra's Q2 FY25 results show a 153.1% increase in net profit to Rs 1,250 crore and a workforce boost to 154,273. An interim dividend of Rs 15 per share was declared, translating to a 300% payout.
Tech Mahindra Reports Strong Q2 Results, Stock Rises - 22 Oct, 2024
Tech Mahindra's Q2 results show significant profit growth, leading to a 4% stock increase. Analysts adjust target prices, reflecting confidence amid growth uncertainties.
Tech Mahindra Reports Strong Q2 Earnings and Stock Surge - 21 Oct, 2024
Tech Mahindra's Q2 FY2024-25 results show a net profit of ₹1,250 crore, doubling year-on-year. Shares hit a 52-week high, prompting target price increases from brokerages. Positive outlooks from analysts reflect confidence in the company's growth trajectory.
Tech Mahindra Reports Strong Q2 Profit Growth - 20 Oct, 2024
Tech Mahindra's consolidated net profit surged to ₹1,250 crore for Q2 2024-25, up from ₹493.9 crore a year ago, aided by significant asset sales. Revenue increased by 3.49% to ₹13,313.2 crore.
Tech Mahindra Reports Strong Q2 Results and Dividend - 19 Oct, 2024
Tech Mahindra's Q2 FY25 results show a 153% YoY profit surge to Rs 1,250 crore, with revenue up 3.5%. An interim dividend of Rs 15 per share was declared.
Tech Mahindra Q2 Preview: Profit Boost Expected - 18 Oct, 2024
Tech Mahindra is set to announce Q2 results with expectations of muted revenue growth but a potential doubling of profit due to a one-time land sale gain. Margins are anticipated to improve slightly, while the communications vertical remains a concern.
Tech Mahindra Shares Rise Ahead of Earnings Reports - 17 Oct, 2024
Tech Mahindra's stock gained 0.76% in early trading, reaching ₹1,673.00, supported by optimistic market sentiment in the IT sector as companies prepare for earnings announcements.
Tech Mahindra Anticipates Earnings Amid Stock Surge - 16 Oct, 2024
Tech Mahindra is set to announce its Q2 FY25 earnings on October 19, with expectations of muted revenue growth but improved margins. The stock recently reached a multi-year high, prompting buy recommendations from experts. Despite a profit increase in Q1 FY25, revenue showed a slight decline, raising concerns about future performance.
Tech Mahindra Stock Shows Positive Momentum - 15 Oct, 2024
Tech Mahindra's stock has broken out of a consolidation range, indicating a resumption of the uptrend. With positive RSI momentum, traders are advised to buy in the ₹1,690-1,670 range, targeting ₹1,860, while maintaining a stop loss below ₹1,590.
Insights on Tech Mahindra Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTProfit Spike
Netprofit is up for the last 5 quarters, 493.9 Cr → 1.25K Cr (in ₹), with an average increase of 20.1% per quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 15.27% to 15.81% in Sep 2024 quarter
- POSITIVE IMPACT
Price Rise
In the last 3 months, TECHM stock has moved up by 12.2%
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 13.15K Cr → 13.83K Cr (in ₹), with an average increase of 4.9% per quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 23.28% to 23.66% in Sep 2024 quarter
NO EFFECTAgainst Peers
In the last 1 year, Wipro Ltd has given 49.5% return, outperforming this stock by 0.4%
- NO EFFECT
Against Peers
In the last 3 years, HCL Technologies Ltd has given 60.0% return, outperforming this stock by 53.1%
NEGATIVE IMPACTPromoter Holding Down
Promoters have decreased holdings from 35.05% to 35.03% in Sep 2024 quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 10.75% to 10.14% in Sep 2024 quarter
News
Wipro to Enhance MAHLE's IT Infra with Hybrid Cloud
Wipro wins a multi-year contract from MAHLE to enhance its IT infrastructure with hybrid cloud solutions, enabling business agility and cost reduction.31 Jul, 2024 11:26 PMStocks in Focus Today: Vedanta, Tata Steel, Wipro, Infosys, BHEL, M&M, Tata Motors, Coal India
Stocks To Watch on August 1: Gift Nifty indicates a positive start for benchmark equity indices Sensex and Nifty on Wednesday. Around 7:45 AM, the index traded around 25,090. Meanwhile, take a quick look at our list of stocks to watch today., Markets News, ET Now01 Aug, 2024 07:58 AMWipro Share Price Live blog for 01 Aug 2024
Wipro Share Price Today Live Updates : Wipro stock price went up today, 01 Aug 2024, by 0.11 %. The stock closed at 521.5 per share. The stock is currently trading at 522.05 per share. Investors should monitor Wipro stock price closely in the coming days and weeks to see how it reacts to the news.01 Aug, 2024 08:03 AMTech Mahindra Ltd Financials
Index Inclusions
Tech Mahindra Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 35.03% | ||
| Foreign Institutions | 23.66% | 1.66 | |
| Mutual Funds | 15.81% | 3.56 | |
| Retail Investors | 10.14% | ||
| Others | 15.35% |
Tech Mahindra Ltd Key Indicators
Tech Mahindra Ltd Valuation
Tech Mahindra Ltd in the last 5 years
Lowest (9.79x)
March 23, 2020
Industry (39.40x)
November 13, 2024
Today (45.30x)
November 13, 2024
Highest (58.19x)
September 13, 2024
Tech Mahindra Ltd Earnings and Dividends
Tech Mahindra Ltd Earnings Results
Tech Mahindra Ltd’s net profit jumped 153.11% since last year same period to ₹1,250.10Cr in the Q2 2024-2025. On a quarterly growth basis, Tech Mahindra Ltd has generated 46.81% jump in its net profits since last 3-months.
Read More about Earnings ResultsTech Mahindra Ltd Dividends October,2024
In the quarter ending September 2024, Tech Mahindra Ltd has declared dividend of ₹15 - translating a dividend yield of 3.28%.
Read More about Dividends
Tech Mahindra Ltd Technicals Summary
Bearish
Neutral
Bullish
Tech Mahindra Ltd is currently in a Bullish trading position according to technical analysis indicators.
FAQs on Tech Mahindra Ltd
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Tech Mahindra Ltd (TECHM) share price today is ₹1675.6
Tech Mahindra Ltd is listed on NSE
Tech Mahindra Ltd is listed on BSE
- Today’s highest price of Tech Mahindra Ltd is ₹1689.
- Today’s lowest price of Tech Mahindra Ltd is ₹1663.65.
PE Ratio of Tech Mahindra Ltd is 45.3
PE ratio = Tech Mahindra Ltd Market price per share / Tech Mahindra Ltd Earnings per share
Today’s traded volume of Tech Mahindra Ltd(TECHM) is 10.64L.
Today’s market capitalisation of Tech Mahindra Ltd(TECHM) is ₹163947.05Cr.
| Tech Mahindra Ltd(TECHM | Price |
|---|---|
52 Week High | ₹1761.85 |
52 Week Low | ₹1128 |
Tech Mahindra Ltd(TECHM) share price is ₹1675.6. It is down -4.90% from its 52 Week High price of ₹1761.85
Tech Mahindra Ltd(TECHM) share price is ₹1675.6. It is up 48.55% from its 52 Week Low price of ₹1128
| Tech Mahindra Ltd(TECHM | Returns |
|---|---|
1 Day Returns | -11.4% |
1 Month Returns | -1% |
3 Month Returns | 9.92% |
1 Year Returns | 42.76% |