Tech Mahindra Limited (NSE: TECHM)
Market Cap | 1.43T |
Revenue (ttm) | 518.42B |
Net Income (ttm) | 25.17B |
Shares Out | 883.98M |
EPS (ttm) | 28.36 |
PE Ratio | 57.24 |
Forward PE | 31.86 |
Dividend | 40.00 (2.46%) |
Ex-Dividend Date | Jul 19, 2024 |
Volume | 1,672,878 |
Open | 1,639.50 |
Previous Close | 1,639.50 |
Day's Range | 1,613.95 - 1,651.20 |
52-Week Range | 1,098.15 - 1,665.00 |
Beta | 0.63 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Oct 31, 2024 |
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
Citi on Tech Mahindra: ‘Sell’ with target of ₹1,260 amid slow growth
Citi has issued a “Sell” rating on Tech Mahindra, setting a target price of ₹1,260 per share. The brokerage notes that growth remains challenging in the current environment, with the BFSI (Banking, Fi...
Watch: Anand Mahindra shares video of underwater garba, internet reacts
Tech Mahindra's chairman Anand Mahindra posted a video showing people dancing garba in knee-deep water in flood-affected Gujarat, commending their spirit. The post drew criticism for being insensitive...
Anand Mahindra celebrates Paralympic archer Sheetal Devi: 'I look forward to…'
Tech Mahindra’s Anand Mahindra has featured Paralympic archer Sheetal Devi in his Monday motivation post, praising her resilience and courage. He reiterated his promise to gift her a customized car wh...
Tech Mahindra and Marshall sign MoU to drive innovation and sustainability in aerospace and defense engineering
The collaboration will combine the organizations' advanced engineering capabilities and cutting-edge digital solutions
Nifty IT Index Rallies for fifth day as HCL, TCS, Wipro and Tech Mahindra gain nearly 1% amid positive Nvidia earnings
The Nifty IT index continued its upward momentum for the fifth consecutive day, with notable gains from major players like Wipro and Tech Mahindra, both rising nearly 1%. Investors are closely monitor...
Tech Mahindra and Google Cloud partner
To boost generative AI adoption and lead digital transformation for Mahindra Group entities
NLB invests in former TechM senior execs Mitra's startup Humanize
India Business News: BENGALURU: Digital talent solutions provider NLB Services has invested in Humanize, a GenAI low code platform founded by Jagdish Mitra, the former chi.
CLSA ‘downgrades’ Tech Mahindra stock to Hold amid strong rally and stretched valuations
CLSA has downgraded Tech Mahindra stock to a "Hold" rating, citing the company's recent strong stock rally and stretched valuations.
Tech Mahindra and LivePerson to power AI-driven customer experience in financial services, healthcare and life sciences
The partnership will boost operational efficiency by automating administrative tasks, enabling the workforce to focus on more complex issues