Tech Mahindra Limited (NSE: TECHM)
India
· Delayed Price · Currency is INR | Market Cap | 1.45T |
| Revenue (ttm) | 524.76B |
| Net Income (ttm) | 37.46B |
| Shares Out | 884.60M |
| EPS (ttm) | 42.21 |
| PE Ratio | 38.87 |
| Forward PE | 29.83 |
| Dividend | 43.00 (2.57%) |
| Ex-Dividend Date | Oct 31, 2024 |
| Volume | 2,499,915 |
| Average Volume | 1,886,508 |
| Open | 1,674.60 |
| Previous Close | 1,674.60 |
| Day's Range | 1,636.10 - 1,703.55 |
| 52-Week Range | 1,162.95 - 1,807.70 |
| Beta | 0.60 |
| RSI | 41.48 |
| Earnings Date | Jan 27, 2025 |
About Tech Mahindra
Tech Mahindra Limited provides information technology services and solutions in the Americas, Europe, India, and internationally. The company operates through Information technology (IT) Business and Business Processing Outsourcing (BPO) segments. It offers cloud consulting, business excellence, digital supply chain, Application Development Maintenance, intelligent automation, testing, performance engineering, data analytics, and artificial intelligence services. The company also provides infrastructure and cloud services, including cloud, FLEX... [Read more]
Financial Performance
In 2023, Tech Mahindra's revenue was 519.96 billion, a decrease of -2.43% compared to the previous year's 532.90 billion. Earnings were 23.58 billion, a decrease of -51.20%.
Financial StatementsNews
IT stocks: Wipro jumps 7.34%, LTTS gains 0.38%, Infosys slips 0.59%
IT stocks traded mixed in the early session on Monday, with Wipro leading the gains, while several heavyweights like Infosys and TCS witnessed declines. Here’s a snapshot of the sector’s performance: ...
Nomura maintains ‘buy’ rating on Tech Mahindra; target price at ₹1,900, expects 14.6% upside from current price
Nomura has reiterated its ‘buy’ rating on Tech Mahindra, with a target price of ₹1,900. At the current market price (CMP) of ₹1,657.65, the target indicates an upside potential of 14.6%. Key Insights:...
Tech Mahindra share price: Buy, Sell, or Hold? Here’s what top brokerages recommend
Tech Mahindra’s Q3FY25 performance has led to mixed responses from leading brokerages, with varied ratings and target price adjustments. Here’s what the analysts have to say: Citi on Tech Mahindra Rat...
MS maintains ‘equal-weight’ rating on Tech Mahindra; raises target price to Rs 1,750
Morgan Stanley (MS) has maintained its ‘equal-weight’ rating on Tech Mahindra, increasing the target price to ₹1,750 from ₹1,725. The brokerage believes that the worst is likely behind for key vertica...
Citi maintains ‘sell’ rating on Tech Mahindra; cuts target price to Rs 1,440 (13.1% downside from CMP)
Citi has reiterated its ‘sell’ rating on Tech Mahindra, lowering the target price to ₹1,440 from ₹1,475. The brokerage highlighted that EBIT came in 4% below its expectations, reflecting ongoing chall...
Macquarie maintains ‘outperform’ rating on Wipro; sets target price at Rs 330 (17.2% upside from CMP)
Macquarie has reiterated its ‘outperform’ rating on Wipro, maintaining the target price at ₹330. The brokerage highlighted that Wipro’s margins were 106 basis points (bps) higher than its expectations...
Top stocks to watch in trade today: Wipro, Tech Mahindra, L&T, Kotak Mahindra, Gland Pharma and more
The stock market has witnessed a downward trend over the past few trading sessions. On Friday, January 17, the Indian benchmark equity indices broke their 3-day winning streak, closing in the red. The...
Jefferies maintains ‘underperform’ rating on Tech Mahindra; sets target price at Rs 1,480
Jefferies has maintained an ‘underperform’ (U-p) rating on Tech Mahindra, citing missed estimates for its 3Q results due to FX headwinds. However, the company surprised positively with 60bps quarter-o...
Tech hiring slump: Top 5 IT companies see headcount drop by 2,600 in Dec quarter
India's IT sector has shifted towards automation, leading to a collective net headcount reduction of 2,587 in the December quarter. Major firms like TCS, Wipro, and Tech Mahindra saw workforce decline...
Tech Mahindra Ltd (BOM:532755) Q3 2025 Earnings Call Highlights: Strong Deal Wins and Margin ...
Tech Mahindra Ltd (BOM:532755) Q3 2025 Earnings Call Highlights: Strong Deal Wins and Margin Expansion Amidst Challenges
Q3 2025 Tech Mahindra Ltd Earnings Call Transcript
Q3 2025 Tech Mahindra Ltd Earnings Call Transcript
TechM's revenue rises 1% in Dec qtr
India Business News: BENGALURU: Tech Mahindra's revenue grew by 1.
Tech Mahindra Q3 net profit zooms 93% on low base, profit margins expand
Tech Mahindra reported a 93% increase in net profit for the December quarter, reaching Rs 983 crore, aided by a low base in the corresponding period last year. Revenue from operations grew by 1.4% to ...
Tech Mahindra Q3 FY25 Results: Revenue down 0.2% QoQ at Rs 13,285 crore, Net Profit down 21.4% QoQ
Tech Mahindra Limited has released its consolidated financial results for the third quarter ended December 31, 2024, showcasing a steady performance driven by operational efficiency despite market cha...
Top Stocks to Watch in Trade Today: Wipro, SBI Life, Axis Bank, HFCL, BPCL, TVS Motor, Zaggle, Suraksha and more
Here’s a round-up of stocks in focus on January 17, 2025, with highlights from earnings announcements, strategic developments, and key corporate actions: Quarterly Results Today Wipro, Tech Mahindra, ...
'Cautiously optimistic' on Indian IT sector; TCS and Tech Mahindra are our top picks: CLSA
Sumeet Jain, senior research analyst at CLSA, shares his outlook for India's IT sector and names his top picks for the space.
Nifty 50 top gainers today on January 10: TCS, Tech Mahindra, HCL Technologies and more
Indian equity indices closed lower today with the Nifty falling below the 23,450 mark, and the Sensex experiencing a drop of 241.30 points. The Sensex ended at 77,378.91, down by 0.31%, while the Nift...
IT stocks top gainers: TCS (+4.34%), LTIMindtree (+3.06%), Tech Mahindra (+2.68%), and Coforge (+2.28%)
IT stocks extended their rally in early trade, with major players registering significant gains. Positive global cues and sector-specific optimism have propelled these stocks upward. Top IT Gainers: S...
Nifty 50 top losers today on January 3: Wipro, HDFC Bank, Adani Ports, Tech Mahindra and more
Indian benchmark indices reversed their two-day winning streak to close in the red on January 3, 2025. The Sensex plunged by 720.60 points, or 0.90%, settling at 79,223.11, while the Nifty slipped 183...
Nifty 50 top losers today on December 31: Adani Enterprises, Tech Mahindra, Tata Consultancy Services and more
The Indian stock market wrapped up 2024 on a positive note, marking its ninth consecutive year of growth. Both major indices, the Nifty 50 and Sensex, saw impressive gains over the course of the year....
Nifty 50 top gainers today on December 30: Adani Enterprises, Tech Mahindra, HCL Technologies and more
On December 30, the Indian stock market experienced a significant drop, with the Sensex losing 450.94 points, or 0.57%, closing at 78,248.13. Meanwhile, the Nifty also saw a dip of 168.50 points, or 0...
IT Stocks Update: HCL Tech up 0.85%, NIIT down 2.46%, TCS down 1%
The S&P BSE IT Index is trading at 43,356.45, down 0.58%. The IT sector saw mixed performance today, with some stocks gaining while others traded lower. Top Gainers: HCL Technologies: Trading up 0.85%...
IT Stocks Today: Wipro up 1.48%, LTI Mindtree down 1%, HCL Technologies down 1% and more
The IT sector exhibited varied trends during today’s trading session, with gains in some key stocks and declines in others. Gainers: Infosys: Trading up by 0.35% at ₹1,914.15, with a market cap of ₹6,...
Tech Mahindra CEO to take this 'route' to close gap with TCS & others
Tech Mahindra's new CEO, Mohit Joshi, is aiming to significantly grow the company's banking and financial services revenue share to 25% by 2027. Joshi plans to leverage his BFSI expertise to drive thi...
Nifty 50 top losers today on December 20: Tech Mahindra, Trent, Mahindra & Mahindra and more
The Indian equity markets ended on a bearish note on December 20, with both the Sensex and Nifty 50 witnessing steep declines. The sell-off was broad-based, impacting multiple sectors and several heav...