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Tech Mahindra Ltd

(TECHM)

₹1789.61.52%

as on 04:01PM, 12 Dec 2024

🔔 Collaboration Alert

Tech Mahindra collaborates with ServiceNow to launch the One E2E Platform, a GenAI-powered enterprise service management solution to enhance operational efficiency.

Overview
News
Financials
Q2 2024 Results
Technicals
F&O

Tech Mahindra Ltd Analyst Rating

based on 41 analysts

HOLD

52.38%

Buy

19.05%

Hold

28.57%

Sell

Based on 41 analysts offering long term price targets for Tech Mahindra Ltd. An average target of ₹1665.49

Source: S&P Global Market Intelligence

Tech Mahindra Ltd Share analysis

Tech Mahindra Ltd price forecast by 41 analysts

Downside of-5.52%

High

₹2000

Target

₹1665.49

Low

₹1050

Tech Mahindra Ltd target price ₹1665.49, a slight downside of -5.52% compared to current price of ₹1789.6. According to 41 analysts rating.

Source: S&P Global Market Intelligence

Tech Mahindra Ltd Performance

  • Day's Low

    Day's High

    ₹1,761.05
    ₹1,807.7
  • 52 Week's Low

    52 Week's High

    ₹1,162.95
    ₹1,807.7
1 Month Return+ 4.49 %
3 Month Return+ 7.28 %
1 Year Return+ 43.77 %
Previous Close₹1,762.80
Open₹1,768.05
Volume30.18L
Upper Circuit-
Lower Circuit-
Market Cap₹1,72,524.87Cr

Tech Mahindra Ltd Key Statistics

P/E Ratio47.66
PEG Ratio-12.51
Market Cap₹1,72,524.87 Cr
P/B Ratio5.27
EPS27.16
Dividend Yield3.2
SectorIT - Software
ROE8.8

Tech Mahindra Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
HOLD₹1,72,524.87 Cr26.61%0.55₹2,396 Cr₹51,995 Cr
HOLD₹1,95,439.91 Cr60.93%0.54₹4,584 Cr₹35,517 Cr
HOLD₹3,23,343.43 Cr31.62%0.57₹11,112 Cr₹89,760 Cr
HOLD₹5,23,981.59 Cr52%0.53₹15,710 Cr₹1,09,913 Cr
BUY₹16,01,890.16 Cr23.82%0.54₹46,099 Cr₹2,40,893 Cr

About Tech Mahindra Ltd

Tech Mahindra Ltd is an Indian multinational technology company that was incorporated in 1986. It is a part of the Mahindra Group and provides digital transformation, consulting, and business re-engineering services. It is headquartered in Pune, India and has its presence in over 90 countries.

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: ₹1789.60 per share as on 12 Dec, 2024 04:01 PM
Market Capitalisation: ₹1,72,524.87Cr 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
OrganisationTech Mahindra Ltd
HeadquartersPune
IndustryIT - Software
E-voting on sharesClick here to vote

What's happening today

  • img

    Today's Timeline - 12 Dec

    02:56 PM

    -

    Tech Mahindra collaborates with ServiceNow to launch One E2E Platform, enhancing operational efficiency with GenAI capabilities.

Key events for Tech Mahindra Ltd

  • Tech Mahindra Launches GenAI-Powered Service Management Platform - 12 Dec, 2024

    Tech Mahindra has partnered with ServiceNow to introduce the One E2E Platform, a GenAI-powered enterprise service management solution aimed at enhancing operational efficiency across industries.
  • Tech Mahindra Approves Merger of Subsidiary Eventus - 11 Dec, 2024

    Tech Mahindra's board has approved the merger of its subsidiary Eventus Solutions with Tech Mahindra (Americas) Inc., effective January 1, 2025, subject to regulatory approvals. This merger aims to enhance operational synergy and reduce compliance risks.
  • HSBC Downgrades Tech Mahindra Amid IT Sector Concerns - 10 Dec, 2024

    Tech Mahindra shares faced pressure as HSBC downgraded the stock to 'reduce' due to concerns over Generative AI and GCC headwinds, alongside downgrades for TCS and Coforge.
  • Tech Mahindra Partners with ColorTokens for Cybersecurity - 07 Dec, 2024

    Tech Mahindra and ColorTokens are enhancing their partnership to deliver next-gen microsegmentation security solutions, aimed at improving cybersecurity for global enterprises using Zero Trust architecture.
  • Tech Mahindra Launches Security Solutions Amid Penalty Order - 06 Dec, 2024

    Tech Mahindra has partnered with ColorTokens to enhance cybersecurity with microsegmentation solutions. Additionally, the company faces a penalty order but intends to appeal, expecting no material impact.
  • Tech Mahindra Advances in 5G and AI Solutions - 05 Dec, 2024

    Tech Mahindra is enhancing its telecom operations through 5G, AI, and cloud solutions. A partnership with Pegatron aims to develop private 5G solutions, despite facing challenges with declining net profits.
  • Tech Mahindra Hits 52-Week High Amid Gains - 04 Dec, 2024

    Tech Mahindra shares rose 1.4% to a 52-week high of ₹1,774.6, marking a 44% increase over the past year. The company recently announced a strategic collaboration with Amazon Web Services to develop an Autonomous Networks Operations Platform.
  • Tech Mahindra Advances in 5G and AI Integration - 03 Dec, 2024

    Tech Mahindra is leading network transformation through 5G, AI/ML, and cloud migration. Collaborating with Casa Systems and Enea, it aims to enhance telecom operations and customer experience with predictive maintenance and real-time data analysis.
  • Tech Mahindra Partners for Innovation Hub Launch - 30 Nov, 2024

    Tech Mahindra's COO emphasizes growth opportunities in key sectors. The company collaborates with Pearl Academy to create the Makers Lab, enhancing innovation in AI and gaming.
  • Tech Mahindra Faces Decline Amid New Collaborations - 28 Nov, 2024

    Tech Mahindra announced a partnership with Intel for 6G innovations and collaborated with USI to open an Engineering Offshore Development Center. However, shares fell over 2.5% due to broader market declines.
  • Tech Mahindra Partners with AWS for Telecom Innovation - 27 Nov, 2024

    Tech Mahindra has partnered with AWS to create an Autonomous Networks Operations Platform, enhancing telecom network efficiency through AI and machine learning technologies. The collaboration aims to reduce operational costs and improve service delivery for telecom providers.
  • Tech Mahindra Hits High Amid Strong Earnings - 25 Nov, 2024

    Tech Mahindra's shares reached a 52-week high, buoyed by a 153% year-on-year profit surge. The company also partnered with global capability centres to enhance services.
  • Tech Mahindra Poised for Potential Breakout - 24 Nov, 2024

    Tech Mahindra shows bullish potential with a recent trading session reflecting cautious optimism. Analysts maintain a BUY rating, citing strong fundamentals and a target price of Rs 1,800–1,850. The stock is near key Fibonacci retracement levels, indicating strong support and potential for a breakout above Rs 1,750, which could lead to new highs.
  • 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.
  • 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.

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.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 5 quarters, 493.9 Cr → 1.25K Cr (in ₹), with an average increase of 20.1% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 15.27% to 15.81% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 13.15K Cr → 13.83K Cr (in ₹), with an average increase of 4.9% per quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 23.28% to 23.66% in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, HCL Technologies Ltd has given 66.6% return, outperforming this stock by 59.0%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Wipro Ltd has given 46.4% return, outperforming this stock by 2.6%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, TECHM stock has moved down by -1.4%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 10.75% to 10.14% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 35.05% to 35.03% in Sep 2024 quarter

News

We Think You Should Be Aware Of Some Concerning Factors In Polycab India's (NSE:POLYCAB) Earnings

The market shrugged off Polycab India Limited's ( NSE:POLYCAB ) solid earnings report. We did some digging and believe...27 Jul, 2024 07:52 AM

Polycab, RR Kabel, share price face the heat of copper price volatility in Q1

Stock market Today: Polycab India Ltd, R R Kabel Ltd, share price price may have gained 13-14% year to date , nevertheless have not impressed investors much with their Q1 performance. The shares are just up 1-2% in past one month as volatility in copper prices impact as was visible in Q131 Jul, 2024 04:40 PM

Not found. Sign Up to RSS.app to use this feed.

Not found. Sign Up to RSS.app to use this feed. - create a new RSS feed at RSS.app. - (tEcejflhIvuNYxFa)10 Oct, 2024 05:52 PM
View More

Tech Mahindra Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹12,863.90Cr (-)₹13,101.30Cr (↑1.85%)₹12,871.30Cr (↓1.76%)₹13,005.50Cr (↑1.04%)₹13,313.20Cr (↑2.37%)
Net Income₹505.30Cr (-)₹523.70Cr (↑3.64%)₹664.20Cr (↑26.83%)₹864.80Cr (↑30.20%)₹1,257.50Cr (↑45.41%)
Net Profit Margin3.93% (-)4.00% (↑1.78%)5.16% (↑29.00%)6.65% (↑28.88%)9.45% (↑42.11%)
Value in ₹ crore
Details2021202220232024
Total Assets₹33,456.80Cr (-)₹35,693.60Cr (↑6.69%)₹36,062.10Cr (↑1.03%)₹34,817.30Cr (↓3.45%)
Total Liabilities₹8,441.00Cr (-)₹9,483.90Cr (↑12.36%)₹10,858.20Cr (↑14.49%)₹11,646.80Cr (↑7.26%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹2,380.40Cr (-)₹6,851.90Cr (↑187.85%)₹3,212.80Cr (↓53.11%)₹4,102.10Cr (↑27.68%)₹5,005.30Cr (↑22.02%)

Index Inclusions

S&P BSE 100 ESG

₹407.70

-0.33 (-1.35%)

BSE 200

₹11,374.79

-0.34 (-38.79%)

Nifty100 Quality

₹5,759.15

-0.45 (-25.8%)

NIFTY IT

₹45,701.65

0.77 (351.3%)

BSE Tech

₹20,409.76

0.78 (157.89%)

Nifty LargeMidcap 250

₹16,283.25

-0.42 (-69.45%)

SENSEX

₹81,289.96

-0.29 (-236.18%)

Nifty 200

₹13,956.45

-0.37 (-51.15%)

NIFTY 50

₹24,548.70

-0.38 (-93.1%)

BSE 500

₹36,579.30

-0.43 (-157.07%)

S&P BSE Largecap

₹9,582.86

-0.31 (-30.26%)

Nifty 500

₹23,256.40

-0.44 (-101.75%)

BSE 100

₹26,085.18

-0.34 (-88.82%)

Nifty Services Sector

₹32,966.10

0.02 (7.2%)

BSE IT Sector

₹45,429.08

0.64 (288.96%)

NIFTY 100

₹25,546.40

-0.35 (-88.65%)

Nifty100 Eq Weig

₹32,801.50

-0.31 (-101.85%)

S&P BSE 250 LargeMidCap

₹10,797.45

-0.36 (-39.49%)

Nifty50 Value 20

₹13,991.60

-0.15 (-20.8%)

S&P BSE SENSEX 50

₹25,824.41

-0.34 (-88.58%)

S&P BSE 100 LargeCap TMC

₹9,201.85

-0.32 (-29.1%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Tech Mahindra Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
35.03%
-0.05
Foreign Institutions
23.66%
1.66
Mutual Funds
15.81%
3.56
Retail Investors
10.14%
-5.70
Others
15.35%
-1.91

Tech Mahindra Ltd Key Indicators

Details20202021202220232024
Book Value Per Share (₹)250.2284.44306.34317.31302.15
Details20202021202220232024
Earning Per Share (₹)44.7149.8164.1555.1927.16
Details20202021202220232024
Return On Equity %21.1317.9319.6114.698.8
Details20202021202220232024
Return On Assets %13.2913.2315.5913.46.77

Tech Mahindra Ltd Valuation

Tech Mahindra Ltd in the last 5 years

  • Overview

  • Trends

Lowest (9.79x)

March 23, 2020

Industry (41.88x)

December 11, 2024

Today (47.66x)

December 11, 2024

Highest (58.19x)

September 13, 2024

LowHigh

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 Results
  • Tech Mahindra Ltd Dividends October,2024

    In the quarter ending September 2024, Tech Mahindra Ltd has declared dividend of ₹15 - translating a dividend yield of 3.12%.

    Read More about Dividends

Tech Mahindra Ltd Technicals Summary

Bearish

Neutral

Bullish

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 ₹1789.6

Tech Mahindra Ltd is listed on NSE

Tech Mahindra Ltd is listed on BSE

  • Today’s highest price of Tech Mahindra Ltd is ₹1807.7.
  • Today’s lowest price of Tech Mahindra Ltd is ₹1761.05.

PE Ratio of Tech Mahindra Ltd is 47.66

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 30.18L.

Today’s market capitalisation of Tech Mahindra Ltd(TECHM) is ₹172524.87Cr.

Tech Mahindra Ltd(TECHMPrice
52 Week High
₹1807.7
52 Week Low
₹1162.95

Tech Mahindra Ltd(TECHM) share price is ₹1789.6. It is down -1.00% from its 52 Week High price of ₹1807.7

Tech Mahindra Ltd(TECHM) share price is ₹1789.6. It is up 53.88% from its 52 Week Low price of ₹1162.95

Tech Mahindra Ltd(TECHMReturns
1 Day Returns
26.8%
1 Month Returns
4.49%
3 Month Returns
7.28%
1 Year Returns
43.77%