Tech Mahindra Ltd

Tech Mahindra Ltd Performance

₹1090.1
Day's Price Range
₹1113.65
₹943.7
52-Week Price Range
₹1574.95
1 Month Return-1.08 %
3 Month Return9.15 %
1 Year Return-27.71 %

Analyst Rating

based on 36 analysts

HOLD
41.67%
Buy
36.11%
Hold
22.22%
Sell

Based on 36 analysts offering long term price targets for Tech Mahindra Ltd. An average target of ₹1110.83

Source: S&P Global Market Intelligence

Tech Mahindra Ltd Price Movements

  • Tech Mahindra fell 1% on 21 Mar, 2023

    Tech Mahindra share price decreased following a negative report by global brokerage Bank of America.

  • Tech Mahindra surged 7% on 13 Mar, 2023

    Tech Mahindra share price soared after the IT major revealed the appointment of former Infosys President Mohit Joshi as CEO from December 2023.

  • Tech Mahindra down 1% on 08 Mar, 2023

    Tech Mahindra share price fell amid weakness in Tech stocks. A 'Buy' recommendation with a target price of Rs 1,270 from brokerage Emkay Global Financial Services capped the losses.

  • Tech Mahindra decreased 1% on 28 Feb, 2023

    Tech Mahindra share price dipped. The company recently announced that it expects to clock revenues of $7 billion in this fiscal year which capped losses.

  • Tech Mahindra rose 1.4% on 20 Feb, 2023

    Tech Mahindra share price rose as hopes of a revival in the company's financial performance led to optimism among its investors and as the stock trades at much cheaper valuations compared to its IT peers Wipro and Infosys.

  • Tech Mahindra shot up 5% on 16 Feb, 2023

    Tech Mahindra share price continued its winning spree amid a wider rally in IT stocks.

  • Tech Mahindra shot up 6% on 15 Feb, 2023

    Tech Mahindra share price gained sharply driving by technical bounceback. The company recently posted better-than-expected results for the Oct-Dec 22 period.

Tech Mahindra Ltd Valuation

Tech Mahindra Ltd in the last 5 years

Lowest (9.79x)

March 23, 2020

Today (18.61x)

March 24, 2023

Highest (31.12x)

December 28, 2021

LowHigh

18.61x

Price to Earnings TTM Ratio

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 3 quarters, 1.13KCr → 1.29KCr (in ₹), with an average increase of 6.4% per quarter

  • imgPOSITIVE IMPACT

    Revenue Rich
    img

    Revenue is up for the last 8 quarters, 9.76KCr → 13.98KCr (in ₹), with an average increase of 5.0% per quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up
    img

    Retail Investor have increased holdings from 12.60% to 12.74% in Dec 2022 quarter

  • imgNO EFFECT

    Against Peers
    img

    In the last 3 years, HCL Technologies Ltd has given 144.2% return, outperforming this stock by 25.6%

  • imgNO EFFECT

    Against Peers
    img

    In the last 1 year, HCL Technologies Ltd has given -10.8% return, outperforming this stock by 17.2%

  • imgNEGATIVE IMPACT

    FII Holding Down
    img

    Foreign Institutions have decreased holdings from 28.20% to 27.95% in Dec 2022 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down
    img

    Mutual Funds have decreased holdings from 12.86% to 11.97% in Dec 2022 quarter

  • imgNEGATIVE IMPACT

    Price Dip
    img

    In the last 1 year, TECHM stock has moved down by -28.0%

  • imgNEGATIVE IMPACT

    Promoter Holding Down
    img

    Promoters have decreased holdings from 35.22% to 35.19% in Dec 2022 quarter

Tech Mahindra Ltd Shareholding Pattern

InvestorsHoldings %Prev. 4 periods3M change
Promoter Holdings
35.19%
-0.06
Foreign Institutions
27.95%
-0.89
Mutual Funds
11.97%
-6.93
Retail Investors
12.74%
1.14
Others
12.14%
9.19

QnA on Tech Mahindra Ltd

  • QuestionAsked on: 13 Mar, 2023

    Why did Tech Mahindra share price rally 7% on Monday (13th March 2023)?

    QnA Result : 14 Mar, 2023User Profile Icon1870 people participated in the quiz

    Tech Mahindra share price jumped on the back of reports of appointing former Infosys President Mohit Joshi as new CEO from Dec 2023.

    65.13% of INDmoney users answered correctly

    New CEO Appointed
    65.13%blue tick
    Won a New Contract
    19.14%
    Merger with Infosys
    15.72%

News

National Overseas Scholarship Scheme: Apply to get huge financial help

National Overseas Scholarship Scheme for SC 2023-24 is an initiative of the Minister of Social Justice and Empowerment, Government of India for students... Read more

23 Mar, 2023 07:21 PM

Corporate Announcements

  • Tech Mahindra Ltd Earnings Results

    Tech Mahindra Ltd’s net profit fell -5.25% since last year same period to ₹1296.6Cr in the Q3 2022-2023. On a quarterly growth basis, Tech Mahindra Ltd has generated 0.87% jump in its net profits since last 3-months.

    Read More
  • Tech Mahindra Ltd Dividends November,2022

    In the quarter ending December 2022, Tech Mahindra Ltd has declared dividend of ₹18 - translating a dividend yield of 4.36%.

    Read More

Tech Mahindra Ltd Company Information

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.

Tech Mahindra Ltd Share Price: ₹1103.00 per share as on 27 Mar, 2023 04:02 PM
Tech Mahindra Ltd Market Capitalisation: ₹98,485.37Cr as of today
Tech Mahindra Ltd Revenue: ₹13,981.8Cr as on December 2022 (Q4 22)
Tech Mahindra Ltd Net Profit: ₹1,296.6Cr as on December 2022 (Q4 22)
Tech Mahindra Ltd Listing date: 01 Apr, 2016
Tech Mahindra Ltd Chairperson Name: Anand Mahindra
OrganisationTech Mahindra Ltd
HeadquartersMumbai
IndustryIT - Software
E-voting on sharesClick here to vote

Frequently Asked Questions

Tech Mahindra Ltd(TECHM) share price today is ₹1103.00 (last updated 27 Mar, 2023 at 04:02 PM)

  • Today’s highest price of Tech Mahindra Ltd(TECHM) is ₹1113.65.
  • Today’s lowest price of Tech Mahindra Ltd(TECHM) is ₹1090.10.
  • (last updated 27 Mar, 2023 at 04:02 PM)
Today’s traded volume of Tech Mahindra Ltd(TECHM) is 1455288.
Today’s market capitalisation of Tech Mahindra Ltd(TECHM) is ₹98,485.37Cr.
Tech Mahindra Ltd(TECHM)Price
52 Week High₹1574.95
52 Week Low₹943.70
  • (last updated 27 Mar, 2023 at 04:02 PM)
  • Tech Mahindra Ltd(TECHM) share price is ₹1103.00 (last updated 27 Mar, 2023 at 04:02 PM). It is down -29.97% from its 52 Week High price of ₹1574.95
    Tech Mahindra Ltd(TECHM) share price is ₹1103.00 (last updated 27 Mar, 2023 at 04:02 PM). It is up 16.88% from its 52 Week Low price of ₹943.70
    Tech Mahindra Ltd(TECHM)Returns (%)
    1 Day Returns0.10%
    1 Month Returns-1.08%
    1 Year Returns-27.71%
    3 Year Returns118.60%
    5 Year Returns77.26%
    Tech Mahindra Ltd(TECHM) share price is ₹1103.00 and its price to earning (PE) is 18.61. A high PE ratio indicates that a share price is overvalued, or investors are expecting a high growth rate in the future.