Tech Mahindra Limited (NSE: TECHM)
India
· Delayed Price · Currency is INR | Market Cap | 1.49T |
| Revenue (ttm) | 522.91B |
| Net Income (ttm) | 32.73B |
| Shares Out | 884.39M |
| EPS (ttm) | 36.89 |
| PE Ratio | 45.71 |
| Forward PE | 30.60 |
| Dividend | 40.00 (2.37%) |
| Ex-Dividend Date | Oct 31, 2024 |
| Volume | 2,920,804 |
| Open | 1,770.00 |
| Previous Close | 1,754.35 |
| Day's Range | 1,680.10 - 1,770.85 |
| 52-Week Range | 1,162.95 - 1,807.70 |
| Beta | 0.60 |
| Analysts | n/a |
| Price Target | n/a |
| 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
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...
Citi reiterates Sell call on Tech Mahindra, target at Rs 1,475
CITI reiterates its Sell rating on Tech Mahindra with a target price of ₹1,475. The management has outlined a new growth strategy, reorganizing into six Strategic Business Units (SBUs) directly report...
IT stocks: Coforge (+3.26%), Tech Mahindra (+1.34%), LTIMindtree (+1.06%) rise; OFSS (-0.33%) dips
IT stocks displayed a mixed performance during intraday trading as of 11:21 AM, with several key stocks posting gains while others traded in the red. Key Performances: Coforge: Surged 3.26%, trading a...
HSBC upgrades Infosys, LTIMindtree to Buy; downgrades TCS, Tech Mahindra
HSBC has revised its outlook for India’s IT services sector, upgrading Infosys and LTI Mindtree to “Buy” while downgrading TCS to “Hold” and Tech Mahindra to “Reduce.”
Tech Mahindra and AWS collaborate to infuse GenAI into telecom networks
Tech Mahindra partners with Amazon Web Services to develop autonomous networks platform for communication service providers using AI and machine learning.
Nifty 50 top losers today on 25 November: JSW Steel, Tech Mahindra, Infosys and more
The Indian stock market continued its upward momentum on November 25, with both the Sensex and Nifty closing significantly higher. The Sensex surged by 992.74 points, or 1.25%, ending the session at 8...
Global tech giants land in Silicon Beach of India
Mangaluru's coastal districts of Dakshina Kannada and Udupi, known as the 'Silicon Beach of India', are rapidly emerging as a key destination for IT companies, attracting over 45 firms this year alone...
Nifty 50 top gainers today on 19 November: Mahindra & Mahindra, Tech Mahindra and HDFC Bank lead the rally
On November 19, Indian equity markets ended the trading day on a positive note, with both the Sensex and Nifty indices seeing gains despite the volatility throughout the session. The Sensex rose by 23...
Tech Mahindra’s market cap jumps by Rs 4,829 crore: Know More
Shares of Tech Mahindra Limited surged by 2.96% to Rs 1,710.00, compared to the previous close of Rs 1,660.80. This rise added approximately Rs 4,829 crore to the company’s market capitalization, brin...
Tech Mahindra’s market cap rose ₹4,312.56 crore this week – Know More
Tech Mahindra saw a market cap increase of ₹4,312.56 crore, bringing its total market cap to ₹1,68,822.56 crore as of Friday’s close. The last traded share price on Friday was ₹1,681.35, reflecting a ...
Top gainers in Nifty 50 this week: Mahindra & Mahindra, Apollo Hospitals and Tech Mahindra lead the pack
The Indian stock market fell for the second straight day on Friday, reflecting a week of significant global events. The Sensex closed 55.5 points down at 79,486, while the Nifty fell 51 points to 24,1...
Nifty 50 top gainers today on 8 November: Mahindra & Mahindra, Titan, Tech Mahindra and more
The Indian stock market closed lower for the second consecutive session on Friday, reflecting a week filled with critical global events. The Sensex fell by 55.5 points, closing at 79,486, while the Ni...
Nifty 50 top gainers today on 4 November: Mahindra & Mahindra, Tech Mahindra and more
The benchmark Nifty 50 index fell on Monday, as BSE-listed companies erased nearly 6 lakh crore in market capitalization as selling pressure increased ahead of the US presidential elections. The BSE S...
Stock Market news: Tech Mahindra, Infosys and HCL Technologies among Nifty 50 top losers this week
The Muhurat Trading session for Diwali 2024 ended on a positive note for the key indices of the Indian stock market, the Sensex and Nifty 50. The Nifty 50 increased 99.00 points, or 0.41%, to 24,304.3...
Top Morning Losers Today: Five-Star Business, Oracle Financial Services, Persistent Systems, AB Capital and Tech Mahindra lead declines on NSE
Here are some of the top losers on the NSE this morning: Five-Star Business Finance Ltd (FIVESTAR) Price: ₹702.30 Change: -₹62.95 (-8.23%) Oracle Financial Services Software Ltd (OFSS) Price: ₹10,667....
Nifty 50 top gainers this week: HDFC Bank, Tech Mahindra, Bajaj Auto and more
On Friday, October 25, there was a significant selloff in the Indian stock market. While mid- and small-cap categories witnessed a 2% drop, the benchmarks, the Sensex and the Nifty 50, had a roughly 1...
Reliance, Infosys, TCS & other Indian cos that have partnered with Nvidia
Nvidia announces partnerships with Reliance Industries, Tata Communication Services (TCS), Infosys, Tech Mahindra, Wipro, and Ola to boost AI adoption in India. Reliance will build AI infrastructure, ...
Nvidia Chases Growth in India: AI Partnerships With Reliance, Infosys, Wipro, Expanding into Robotics And Key Industries
Nvidia Corp (NASDAQ: NVDA) could soon unlock value from a new economy as it grapples with the U.S.’s geopolitical tensions with China and allies, which are manifesting in semiconductor technology emb...
Tech Mahindra anounces AI Center of Excellence
Powered by NVIDIA AI Enterprise and Omniverse platforms
Nvidia deepens India AI drive with new partnerships
Nvidia unveiled a series of new partnerships with Indian tech firms and data center providers on Tuesday, as the world’s most valuable chip company expands its AI push in the world’s most populous nat...
Stock Market news: Bajaj Finance, Tech Mahindra among Nifty 50 top gainers today
The Indian benchmark equity indices, the BSE Sensex and the NSE Nifty50, ended Wednesday’s session in red. The BSE Sensex fell by 138.74 points, or 0.17 percent, to 80,081.98. Similarly, the NSE Nifty...
This Indian IT company added most employees in second quarter of FY2025
Tech Mahindra added 6,653 employees in Q2 FY25, leading among top Indian IT firms with prominent hirings of over 2,000 freshers. Total headcount now stands at 154,273. The company reported a net profi...
IT stocks today: LTTS rises 2.88%, Tech Mahindra up 2.29%, Infosys down 1.19%, Coforge slips 1%
As of 10:24 AM today, the Nifty IT Index shows a positive trend for most stocks, led by L&T Technology Services (LTTS) and Tech Mahindra, while Infosys and Coforge are among the top losers. Top Gainer...
Tech Mahindra adds Rs 3,800 crore to market cap as stock rises 2.23%
Tech Mahindra Limited has added approximately ₹3,800 crore to its market capitalization today, with the stock price rising by ₹37.65 (2.23%) to ₹1,725.55 as of 10:14 AM. The strong performance has inc...
Tech Mahindra stock jumps 3.23% to ₹1,742.35 following strong Q2 results, 153% YoY profit surge
Tech Mahindra’s stock price saw a significant rise of 3.23%, reaching ₹1,742.35 as of 9:16 AM today. The surge comes on the back of strong Q2 FY24-25 earnings, where the company posted a 153% year-on-...