Returns % | |
1 Month Return | -1.08 % |
3 Month Return | 9.15 % |
1 Year Return | -27.71 % |
Source: S&P Global Market Intelligence
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 in the last 5 years
Lowest (9.79x)
March 23, 2020
Today (18.61x)
March 24, 2023
Highest (31.12x)
December 28, 2021
18.61x
Price to Earnings TTM Ratio
Netprofit is up for the last 3 quarters, 1.13KCr → 1.29KCr (in ₹), with an average increase of 6.4% per quarter
Revenue is up for the last 8 quarters, 9.76KCr → 13.98KCr (in ₹), with an average increase of 5.0% per quarter
Retail Investor have increased holdings from 12.60% to 12.74% in Dec 2022 quarter
In the last 3 years, HCL Technologies Ltd has given 144.2% return, outperforming this stock by 25.6%
In the last 1 year, HCL Technologies Ltd has given -10.8% return, outperforming this stock by 17.2%
Foreign Institutions have decreased holdings from 28.20% to 27.95% in Dec 2022 quarter
Mutual Funds have decreased holdings from 12.86% to 11.97% in Dec 2022 quarter
In the last 1 year, TECHM stock has moved down by -28.0%
Promoters have decreased holdings from 35.22% to 35.19% in Dec 2022 quarter
Investors | Holdings % | Prev. 4 periods | 3M change |
---|---|---|---|
Promoter Holdings | 35.19% | ||
Foreign Institutions | 27.95% | ||
Mutual Funds | 11.97% | ||
Retail Investors | 12.74% | 1.14 | |
Others | 12.14% | 9.19 |
Why did Tech Mahindra share price rally 7% on Monday (13th March 2023)?
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
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23 Mar, 2023 07:21 PMTech 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 MoreIn the quarter ending December 2022, Tech Mahindra Ltd has declared dividend of ₹18 - translating a dividend yield of 4.36%.
Read MoreOrganisation | Tech Mahindra Ltd |
Headquarters | Mumbai |
Industry | IT - Software |
E-voting on shares | Click here to vote |
Tech Mahindra Ltd(TECHM) share price today is ₹1103.00 (last updated 27 Mar, 2023 at 04:02 PM)
Tech Mahindra Ltd(TECHM) | Price |
---|---|
52 Week High | ₹1574.95 |
52 Week Low | ₹943.70 |
Tech Mahindra Ltd(TECHM) | Returns (%) |
---|---|
1 Day Returns | 0.10% |
1 Month Returns | -1.08% |
1 Year Returns | -27.71% |
3 Year Returns | 118.60% |
5 Year Returns | 77.26% |