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 -5.02% compared to current price of ₹1747.45. 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
₹1,702.25₹1,749.8552 Week's Low
52 Week's High
₹1,162.95₹1,761.85
| Returns % | |
| 1 Month Return | + 0.66 % |
| 3 Month Return | + 9.32 % |
| 1 Year Return | + 44.31 % |
| Market Stats | |
| Previous Close | ₹1,702.25 |
| Open | ₹1,714.75 |
| Volume | 23.44L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹1,66,585.80Cr |
Tech Mahindra Ltd Key Statistics
| P/E Ratio | 47.24 |
| PEG Ratio | -12.4 |
| Market Cap | ₹1,66,585.80 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 | ₹1,66,585.80 Cr | 25.77% | 0.55 | ₹2,396 Cr | ₹51,995 Cr | |
| HOLD | ₹1,75,668.16 Cr | 53.42% | 0.54 | ₹4,584 Cr | ₹35,517 Cr | |
| ₹2,91,487.20 Cr | 27.05% | 0.57 | ₹11,112 Cr | ₹89,760 Cr | ||
| HOLD | ₹4,98,323.89 Cr | 47.51% | 0.53 | ₹15,710 Cr | ₹1,09,913 Cr | |
| BUY | ₹14,73,592.77 Cr | 20.78% | 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: ₹1747.45 per share as on 22 Nov, 2024 04:01 PM
Market Capitalisation: ₹1,66,585.80Cr 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 Partners with GCCs for Specialized Services - 23 Nov, 2024
Tech Mahindra has partnered with 60-70 global capability centres to provide specialized services, focusing on AI solutions, cloud transformation, and talent development to meet evolving demands.
Tech Mahindra Reports Strong Q2 Profit Surge - 22 Nov, 2024
Tech Mahindra's consolidated net profit for Q2 FY25 surged over two-fold to ₹1,250 crore, aided by asset sales and growth in the BFSI segment. Revenue increased by 3.49% year-on-year to ₹13,313.2 crore, with new deal wins totaling USD 603 million.
Market Experts Recommend Buy on Tech Mahindra - 21 Nov, 2024
Market experts Nooresh Merani and Kunal Bothra have recommended buying Tech Mahindra shares, setting targets of Rs 1,900 and Rs 1,750, respectively. Current share price is Rs 1,692.05.
Tech Mahindra Shares Surge, Boosting Market Cap - 19 Nov, 2024
Tech Mahindra's shares rose by 2.96%, increasing its market capitalization by Rs 4,829 crore to Rs 1,67,312.88 crore. The stock has gained 24.1% year-to-date, reflecting strong investor confidence.
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.
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 IMPACTFII Holding Up
Foreign Institutions have increased holdings from 23.28% to 23.66% in Sep 2024 quarter
- POSITIVE IMPACT
Price Rise
In the last 7 days, TECHM stock has moved up by 5.2%
- 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
Profit 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
Best in 1 Year
In the last 1 year, TECHM has outperformed top 5 stocks with highest market-cap in IT Services & Consulting
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 15.27% to 15.81% in Sep 2024 quarter
NO EFFECTAgainst Peers
In the last 3 years, HCL Technologies Ltd has given 70.6% return, outperforming this stock by 58.6%
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 10.75% to 10.14% in Sep 2024 quarter
- NEGATIVE IMPACT
Promoter Holding Down
Promoters have decreased holdings from 35.05% to 35.03% in Sep 2024 quarter
News
TechM partners with 60-70 GCCs for specialised services
The IT company's services to GCCs range from enabling next-gen AI solutions to cloud-enabled capabilities and advanced business (BPO) models.23 Nov, 2024 01:00 AMNifty 50 top gainers this week: Power Grid, Mahindra, UltraTech Cement and more
After a challenging previous session, the Indian stock market roared back to life on Friday, with benchmarks Sensex and Nifty 50 posting significant gains. The Sensex surged 1,961 points (2.54%) to cl23 Nov, 2024 05:30 AMGen Z and luxury: How India’s young affluents are redefining the meaning of luxury
India's Gen Z affluents are redefining luxury with a focus on sustainability, individuality, and immersive experiences over traditional status symbols.23 Nov, 2024 09:40 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 (38.50x)
November 22, 2024
Today (47.24x)
November 22, 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 3.15%.
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.
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Tech Mahindra Ltd (TECHM) share price today is ₹1747.45
Tech Mahindra Ltd is listed on NSE
Tech Mahindra Ltd is listed on BSE
- Today’s highest price of Tech Mahindra Ltd is ₹1749.85.
- Today’s lowest price of Tech Mahindra Ltd is ₹1702.25.
PE Ratio of Tech Mahindra Ltd is 47.24
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 23.44L.
Today’s market capitalisation of Tech Mahindra Ltd(TECHM) is ₹166585.8Cr.
| Tech Mahindra Ltd(TECHM | Price |
|---|---|
52 Week High | ₹1761.85 |
52 Week Low | ₹1162.95 |
Tech Mahindra Ltd(TECHM) share price is ₹1747.45. It is down -0.82% from its 52 Week High price of ₹1761.85
Tech Mahindra Ltd(TECHM) share price is ₹1747.45. It is up 50.26% from its 52 Week Low price of ₹1162.95
| Tech Mahindra Ltd(TECHM | Returns |
|---|---|
1 Day Returns | 45.2% |
1 Month Returns | 0.66% |
3 Month Returns | 9.32% |
1 Year Returns | 44.31% |