Tech Mahindra Analyst Rating
based on 42 analysts
53.49%
Buy
16.28%
Hold
30.23%
Sell
Based on 42 analysts offering long term price targets for Tech Mahindra. An average target of ₹1697.31
Source: S&P Global Market Intelligence
Tech Mahindra Share analysis
Tech Mahindra price forecast by 42 analysts
Downside of
High
₹2000
Target
₹1697.31
Low
₹1050
Tech Mahindra target price ₹1697.31, a slight downside of -1.49% compared to current price of ₹1723.05. According to 42 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Tech Mahindra revenue growth forecast
Expected growth rate Q1, FY2027:20.78%
Forecast
Actual
Including amortisation and stock based compensations
Tech Mahindra EPS growth forecast
EPS estimate Q1, FY2027:192.66%
Forecast
Actual
Source: S&P Global Market Intelligence
Tech Mahindra Performance
Day's Low
Day's High
₹1,705.35Day's Price Range₹1,736.452 Week's Low
52 Week's High
₹1,162.9552-Week Price Range₹1,807.7
| Returns % | |
| 1 Month Return | + 1.43 % |
| 3 Month Return | + 0.38 % |
| 1 Year Return | + 30.33 % |
| Market Stats | |
| Previous Close | ₹1,713.40 |
| Open | ₹1,719.00 |
| Volume | 12.57L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹1,67,705.38Cr |
Tech Mahindra Key Statistics
| P/E Ratio | 40.71 |
| PEG Ratio | 3.9 |
| Market Cap | ₹1,67,705.38 Cr |
| P/B Ratio | 5.27 |
| EPS | 27.16 |
| Dividend Yield | 3.2 |
| Sector | IT - Software |
| ROE | 8.8 |
Tech Mahindra Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹1,67,705.38 Cr | 23.54% | 0.55 | ₹2,396 Cr | ₹51,995 Cr | |
| HOLD | ₹1,77,832.06 Cr | 41.58% | 0.54 | ₹4,584 Cr | ₹35,517 Cr | |
| HOLD | ₹3,32,634.34 Cr | 32.18% | 0.57 | ₹11,112 Cr | ₹89,760 Cr | |
| HOLD | ₹4,90,359.28 Cr | 39.33% | 0.53 | ₹15,710 Cr | ₹1,09,913 Cr | |
| BUY | ₹14,99,860.09 Cr | 18.28% | 0.54 | ₹46,099 Cr | ₹2,40,893 Cr |
About Tech Mahindra
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: ₹1723.05 per share as on 24 Jan, 2025 04:01 PM
Market Capitalisation: ₹1,67,705.38Cr as of today
Revenue: ₹13,285.60Cr as on December 2024 (Q4 24)
Net Profit: ₹988.80Cr as on December 2024 (Q4 24)
Listing date: 28 Aug, 2006
Chairperson Name: Anand Mahindra
| Organisation | Tech Mahindra |
| Headquarters | Pune |
| Industry | IT - Software |
| E-voting on shares | Click here to vote |
Key events for Tech Mahindra Ltd
Tech Mahindra Launches Tech Adoption Index at WEF 2025 - 23 Jan, 2025
Tech Mahindra, in partnership with Wall Street Journal Intelligence, launched The Tech Adoption Index at WEF 2025, providing insights into global technology adoption trends from over 1,000 executives.Tech Mahindra Faces Challenges Amid Neutral Outlook - 22 Jan, 2025
Tech Mahindra's recent performance shows a decline in total income. Motilal Oswal Financial Services maintains a neutral stance with a target price of Rs 1,850, highlighting restructuring efforts and challenges in the Communications segment.Tech Mahindra Forecasts Growth Amid AI Trends - 21 Jan, 2025
Tech Mahindra's CEO anticipates explosive growth in 2026, emphasizing human roles in AI. The company reported stable revenue but declining PAT in Q3 FY25. Analysts maintain cautious outlook with target price adjustments.Tech Mahindra Reports Strong YoY Profit Growth - 19 Jan, 2025
Tech Mahindra reported a 92.63% year-on-year increase in consolidated profit for Q4 FY2024, reaching ₹983.2 crore, although it saw a 21% decline quarter-on-quarter.Tech Mahindra Reports Strong Growth Amid Wage Hikes - 17 Jan, 2025
Tech Mahindra's Q3 results show a 92.63% YoY profit increase to Rs 983 crore. Wage hikes in Q4 may impact margins, but the Vision 2027 plan is on track for growth.Tech Mahindra Q3 Earnings Preview Shows Growth - 16 Jan, 2025
Tech Mahindra is set to announce Q3FY25 earnings on January 17, 2025. Analysts predict a 1.7% YoY revenue increase and a 38% rise in adjusted PAT, despite quarterly declines. Key focus will be on management's outlook for margins and growth in the CME and BFS sectors.Tech Mahindra Shows Strong Performance in Market - 15 Jan, 2025
On January 15, 2025, Tech Mahindra was highlighted as one of the biggest gainers among blue-chip stocks, indicating positive market sentiment ahead of its Q3 results announcement.Tech Mahindra Stock Shows Bullish Reversal Signals - 13 Jan, 2025
Tech Mahindra's stock has demonstrated a bullish reversal pattern after a recent correction, with recommendations to buy around Rs 1,705 and a target of Rs 1,850.Tech Mahindra Shares Rise Ahead of Earnings Announcement - 12 Jan, 2025
Tech Mahindra shares increased by 3.63% to Rs. 1703. The company is set to announce its quarterly results on January 17, 2025.Tech Mahindra Displays Strong Bullish Momentum - 11 Jan, 2025
Tech Mahindra is trading at ₹1705.60, exhibiting a bullish trend with higher highs and lows. A Double Bottom pattern suggests continued upward movement, with a target of ₹1860 and a stop-loss at ₹1628.Tech Mahindra Sees Share Surge Ahead of Earnings - 10 Jan, 2025
Tech Mahindra shares rose 4%, marking a significant gain as investors anticipate strong Q3 FY25 results. A fund reduced its holdings, while demand recovery in North America boosts sentiment.Tech Mahindra Faces Downgrades and Stock Decline - 07 Jan, 2025
Tech Mahindra's stock declined by 0.99% due to valuation concerns and brokerage downgrades. The company is set to release Q3 FY25 earnings on January 17.Tech Mahindra Faces Expected Revenue Decline - 04 Jan, 2025
Tech Mahindra and other Tier 1 IT companies are projected to experience a 0.4% quarter-over-quarter revenue decline in USD terms.Tech Mahindra Faces Stock Decline Amid Positive Ratings - 31 Dec, 2024
Tech Mahindra received a 'Buy' rating upgrade due to strong financials but saw a 3.54% stock decline. Q3 results meeting is set for January 17, 2025.Tech Mahindra Upgraded to 'Buy' Amid Strong Results - 30 Dec, 2024
Tech Mahindra has been upgraded to a Buy rating following impressive financial results, including a profit of Rs 1,250.10 crore and strong market performance. The company shows robust management efficiency and low debt levels, with institutional confidence reflected in 54.83% holdings.
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
MF Holding Up
Mutual Funds have increased holdings from 15.27% to 15.81% in Sep 2024 quarter
NO EFFECTAgainst Peers
In the last 1 year, HCL Technologies Ltd has given 25.3% return, outperforming this stock by 1.2%
- NO EFFECT
Against Peers
In the last 3 years, HCL Technologies Ltd has given 48.8% return, outperforming this stock by 53.3%
NEGATIVE IMPACTProfit Down
Netprofit is down for the last 2 quarters, 1.25K Cr → 983.2 Cr (in ₹), with an average decrease of 21.4% per quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 13.83K Cr → 13.30K Cr (in ₹), with an average decrease of 3.8% per quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 10.75% to 10.14% in Sep 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 7 days, TECHM stock has moved down by -0.7%
- NEGATIVE IMPACT
Promoter Holding Down
Promoters have decreased holdings from 35.05% to 35.03% in Sep 2024 quarter
News
Tech Mahindra and Wall Street Journal Launch Tech Adoption Index Report
Tech Mahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries, has partnered with the Wall Street Journal Intelligence to launch The Tech Adoption Index, a report with critical insights into global technology adoption trends. The report was unveiled at the World Economic Forum in Davos by Dr Anish Shah, Group CEO and MD, Mahindra Group; Mohit Joshi, CEO & Managing Director, Tech Mahindra; Josh Stinchcomb, EVP & Chief Revenue Officer, The Wall Street Journal; and Peeyush Dubey, Chief Marketing Officer, Tech Mahindra. The marquee report draws insights from over 1,000 global C-suite executives and industry leaders across 10 countries in North America, EMEA, and Asia, working at companies generating at least $500 million in annual revenue. The Tech Adoption Index highlights that digital maturity isn't just about keeping up with technology—it's also a key indicator of resilience, foresight, and competitive strength. Our partnership with the Wall Street Journal Intelligence underscores our shared vision and commitment to empower enterprises with a clearer understanding of their digital journey, enabling smarter decisions that shape a sustainable future.23 Jan, 2025 04:26 PMTech Stocks Surge, Market Shows Resilience Amid Global Uncertainty
Tech Mahindra, which gained 1.78 per cent, capitalising on renewed investor confidence following US President Donald Trump's announcement of a $500 billion private-sector AI infrastructure initiative.23 Jan, 2025 10:24 AMMahindra Group's Growth Plans and Insights from Davos 2025
Tech Mahindra, the conglomerates IT services company, is also much less dependent on H-1B, Shah said, adding it is looking forward to growth in both the United States and India.22 Jan, 2025 04:06 PMTech Mahindra Financials
Index Inclusions
Tech Mahindra 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 Key Indicators
Tech Mahindra Valuation
Tech Mahindra in the last 5 years
Lowest (9.79x)
March 23, 2020
Industry (39.58x)
January 24, 2025
Today (40.71x)
January 24, 2025
Highest (58.19x)
September 13, 2024
Tech Mahindra Earnings and Dividends
Tech Mahindra Ltd Earnings Results
Tech Mahindra Ltd’s net profit jumped 92.63% since last year same period to ₹983.20Cr in the Q3 2024-2025. On a quarterly growth basis, Tech Mahindra Ltd has generated -21.35% fall 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 3.19%.
Read More about Dividends
Tech Mahindra Technicals Summary
Bearish
Neutral
Bullish
Tech Mahindra Ltd is currently in a Bullish trading position according to technical analysis indicators.
FAQs on Tech Mahindra Ltd
Tech Mahindra Ltd share price today stands at ₹1723.05, Open. ₹1719 ; Previous Close. ₹1713.4 ; High. ₹1736.4 ; Low. ₹1705.35 ; 52 Week High. ₹1807.7 ; 52 Week Low: ₹1162.95.
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Tech Mahindra Ltd is listed on NSE
Tech Mahindra Ltd is listed on BSE
- Today’s highest price of Tech Mahindra Ltd is ₹1736.4.
- Today’s lowest price of Tech Mahindra Ltd is ₹1705.35.
PE Ratio of Tech Mahindra Ltd is 40.71
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 12.57L.
Today’s market capitalisation of Tech Mahindra Ltd(TECHM) is ₹167705.38Cr.
| Tech Mahindra Ltd(TECHM | Price |
|---|---|
52 Week High | ₹1807.7 |
52 Week Low | ₹1162.95 |
Tech Mahindra Ltd(TECHM) share price is ₹1723.05. It is down -4.68% from its 52 Week High price of ₹1807.7
Tech Mahindra Ltd(TECHM) share price is ₹1723.05. It is up 48.16% from its 52 Week Low price of ₹1162.95
| Tech Mahindra Ltd(TECHM | Returns |
|---|---|
1 Day Returns | 9.65% |
1 Month Returns | 1.43% |
3 Month Returns | 0.38% |
1 Year Returns | 30.33% |