Tech Mahindra Limited (NSE: TECHM)

India flag India · Delayed Price · Currency is INR
1,623.25
-16.25 (-0.99%)
Sep 6, 2024, 3:30 PM IST
29.97%
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]

Sector Technology
Founded 1986
Employees 119,911
Stock Exchange National Stock Exchange of India
Ticker Symbol TECHM
Full Company Profile

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 Statements

News

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...

4 days ago - Business Upturn

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...

5 days ago - The Times of India

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...

5 days ago - The Times of India

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

9 days ago - Zawya

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...

9 days ago - Business Upturn

Tech Mahindra and Google Cloud partner

To boost generative AI adoption and lead digital transformation for Mahindra Group entities

16 days ago - Zawya

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.

17 days ago - The Times of India

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.

18 days ago - Business Upturn

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

25 days ago - Zawya