Tech Mahindra Ltd (TECHM)
₹1103▲0.1%
Tech Mahindra Ltd Performance
| Returns % | |
| 1 Month Return | -1.08 % |
| 3 Month Return | 9.15 % |
| 1 Year Return | -27.71 % |
Analyst Rating
based on 36 analysts
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
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.
POSITIVE IMPACTProfit Spike
Netprofit is up for the last 3 quarters, 1.13KCr → 1.29KCr (in ₹), with an average increase of 6.4% per quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 8 quarters, 9.76KCr → 13.98KCr (in ₹), with an average increase of 5.0% per quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 12.60% to 12.74% in Dec 2022 quarter
NO EFFECTAgainst Peers
In the last 3 years, HCL Technologies Ltd has given 144.2% return, outperforming this stock by 25.6%
- NO EFFECT
Against Peers
In the last 1 year, HCL Technologies Ltd has given -10.8% return, outperforming this stock by 17.2%
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 28.20% to 27.95% in Dec 2022 quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 12.86% to 11.97% in Dec 2022 quarter
- NEGATIVE IMPACT
Price Dip
In the last 1 year, TECHM stock has moved down by -28.0%
- NEGATIVE IMPACT
Promoter Holding Down
Promoters have decreased holdings from 35.22% to 35.19% in Dec 2022 quarter
Tech Mahindra Ltd Peer Comparison
Tech Mahindra Ltd Shareholding Pattern
| 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 |
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, 2023
1870 people participated in the quizTech 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 Appointed65.13%
Won a New Contract19.14%Merger with Infosys15.72%
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 PMCorporate 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 MoreTech 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
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
| Organisation | Tech Mahindra Ltd |
| Headquarters | Mumbai |
| Industry | IT - Software |
| E-voting on shares | Click 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)
| 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% |