Tech Mahindra Ltd Analyst Rating
based on 41 analysts
52.38%
Buy
16.67%
Hold
30.95%
Sell
Based on 41 analysts offering long term price targets for Tech Mahindra Ltd. An average target of ₹1666.22
Source: S&P Global Market Intelligence
Tech Mahindra Ltd Share analysis
Tech Mahindra Ltd price forecast by 41 analysts
Downside of
High
₹2000
Target
₹1666.22
Low
₹1050
Tech Mahindra Ltd target price ₹1666.22, a slight downside of -5.02% compared to current price of ₹1686.05. According to 41 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Tech Mahindra Ltd revenue growth forecast
Expected growth rate Q1, FY2026:11.32%
Forecast
Actual
Including amortisation and stock based compensations
Tech Mahindra Ltd EPS growth forecast
EPS estimate Q1, FY2026:141.56%
Forecast
Actual
Source: S&P Global Market Intelligence
Tech Mahindra Ltd Performance
Day's Low
Day's High
₹1,680.1Day's Price Range₹1,770.8552 Week's Low
52 Week's High
₹1,162.9552-Week Price Range₹1,807.7
| Returns % | |
| 1 Month Return | + 3.06 % |
| 3 Month Return | + 9.16 % |
| 1 Year Return | + 40.34 % |
| Market Stats | |
| Previous Close | ₹1,754.35 |
| Open | ₹1,770.00 |
| Volume | 29.21L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹1,74,100.57Cr |
Tech Mahindra Ltd Key Statistics
| P/E Ratio | 47.43 |
| PEG Ratio | -12.45 |
| Market Cap | ₹1,74,100.57 Cr |
| P/B Ratio | 5.27 |
| EPS | 27.16 |
| Dividend Yield | 3.2 |
| Sector | IT - Software |
| ROE | 8.8 |
Tech Mahindra Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹1,74,100.57 Cr | 25.22% | 0.55 | ₹2,396 Cr | ₹51,995 Cr | |
| HOLD | ₹1,94,775.53 Cr | 50.84% | 0.54 | ₹4,584 Cr | ₹35,517 Cr | |
| HOLD | ₹3,27,189.89 Cr | 29.28% | 0.57 | ₹11,112 Cr | ₹89,760 Cr | |
| HOLD | ₹5,31,973.34 Cr | 47.76% | 0.53 | ₹15,710 Cr | ₹1,09,913 Cr | |
| BUY | ₹15,73,090.18 Cr | 18.28% | 0.54 | ₹46,099 Cr | ₹2,40,893 Cr |
About Tech Mahindra Ltd
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: ₹1686.05 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹1,74,100.57Cr 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
| Organisation | Tech Mahindra Ltd |
| Headquarters | Pune |
| Industry | IT - Software |
| E-voting on shares | Click here to vote |
Key events for Tech Mahindra Ltd
Tech Mahindra's Strategic Moves and Merger Approval - 20 Dec, 2024
Tech Mahindra's CEO plans to boost BFSI revenue share significantly by 2027. Additionally, NCLT has approved the merger of four subsidiaries with the company.Tech Mahindra's Turnaround Strategy Under Scrutiny - 18 Dec, 2024
Tech Mahindra's turnaround strategy, Vision 2027, aims for revenue and margin improvement. Analysts emphasize the need for large deal wins to ensure sustainability amid competition. The management remains optimistic about achieving milestones as global demand improves.Tech Mahindra Faces Challenges Amid Market Caution - 16 Dec, 2024
Tech Mahindra is under pressure with Citi maintaining a Sell rating and a target of ₹1,475. The stock slipped 0.78% today, reflecting broader market concerns about hiring and growth momentum in the IT sector.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.
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 IMPACTMF Holding Up
Mutual Funds have increased holdings from 15.27% to 15.81% in Sep 2024 quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 13.15K Cr → 13.83K Cr (in ₹), with an average increase of 4.9% per quarter
- POSITIVE IMPACT
Price Rise
In the last 3 months, TECHM stock has moved up by 11.5%
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 5 quarters, 493.9 Cr → 1.25K Cr (in ₹), with an average increase of 20.1% per quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 23.28% to 23.66% in Sep 2024 quarter
NO EFFECTAgainst Peers
In the last 3 years, HCL Technologies Ltd has given 69.0% return, outperforming this stock by 57.7%
- NO EFFECT
Against Peers
In the last 1 year, Wipro Ltd has given 42.5% return, outperforming this stock by 3.7%
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 10.75% to 10.14% in Sep 2024 quarter
- NEGATIVE IMPACT
Promoter Holding Down
Promoters have decreased holdings from 35.05% to 35.03% in Sep 2024 quarter
News
Outlook 2025: Bandhan Bank and Market Insights
I would be very excited about names like Eicher Motors at this price, and also Hero MotoCorp. I do not see any reason for any downsides from here. Eicher is a very strong long-term big call that I am taking where this stock should do exceptionally well with a three- to five-year view of pure play on aspirations on the upgrading part.20 Dec, 2024 08:30 AMBrokerage Radar: Latest Calls on LIC Housing, DLF, and More
TVS & Honda Gain Big On YoY & MoM Market Share; Hero Loses The Most.18 Dec, 2024 08:14 AMAnalyst Call Tracker: Hero MotoCorp, Eicher see most upgrades, but Tata Motors faces heat
Royal Enfield continues to dominate the more than 250 cc segment in India, bolstered by regular new launches such as the Guerilla 450 and Classic 650. The brand has also ventured into the EV market with its Flying Flea brand, showcasing models slated for release in early 2026. With a growing focus on export markets and expanding assembly operations, Royal Enfield is poised for significant growth, with an estimated addressable export market of 10 lakh units compared to 80,000 units in FY24. With new launches on the horizon and ongoing progress in the EV space, Royal Enfields long-term growth prospects within Eicher Motors remain strong, said analysts at ICICI Securities. Jefferies also highlighted that Royal Enfield volumes have shown signs of picking up, and expected it to be a key beneficiary of the two-wheeler premiumisation trend. Factoring these in, Jefferies estimated that the toughest phase of competition for Eicher Motors is behind, prompting it to retain its buy call on the stock. Analysts also maintained that the shift in management strategy to focus more on growth rather than margins will help the company perform better in the coming quarters.11 Dec, 2024 04:03 PMTech Mahindra Ltd Financials
Index Inclusions
Tech Mahindra Ltd 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 Ltd Key Indicators
Tech Mahindra Ltd Valuation
Tech Mahindra Ltd in the last 5 years
Lowest (9.79x)
March 23, 2020
Industry (41.76x)
December 19, 2024
Today (47.43x)
December 19, 2024
Highest (58.19x)
September 13, 2024
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 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 3.26%.
Read More about Dividends
Tech Mahindra Ltd Technicals Summary
Bearish
Neutral
Bullish
Tech Mahindra Ltd is currently in a Bearish trading position according to technical analysis indicators.
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Tech Mahindra Ltd (TECHM) share price today is ₹1686.05
Tech Mahindra Ltd is listed on NSE
Tech Mahindra Ltd is listed on BSE
- Today’s highest price of Tech Mahindra Ltd is ₹1770.85.
- Today’s lowest price of Tech Mahindra Ltd is ₹1680.1.
PE Ratio of Tech Mahindra Ltd is 47.43
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 29.21L.
Today’s market capitalisation of Tech Mahindra Ltd(TECHM) is ₹174100.57Cr.
| Tech Mahindra Ltd(TECHM | Price |
|---|---|
52 Week High | ₹1807.7 |
52 Week Low | ₹1162.95 |
Tech Mahindra Ltd(TECHM) share price is ₹1686.05. It is down -6.73% from its 52 Week High price of ₹1807.7
Tech Mahindra Ltd(TECHM) share price is ₹1686.05. It is up 44.98% from its 52 Week Low price of ₹1162.95
| Tech Mahindra Ltd(TECHM | Returns |
|---|---|
1 Day Returns | -68.3% |
1 Month Returns | 3.06% |
3 Month Returns | 9.16% |
1 Year Returns | 40.34% |