Should I buy or sell Tech Mahindra?

The average broker rating on Tech Mahindra is Hold. The breakup of analyst rating is given below - 2 analysts have given a strong sell rating 10 analysts have given a sell rating 8 analysts have given a hold rating 9 analysts have given a buy rating 10 analysts have given a strong buy rating

Is Tech Mahindra a good stock to invest in?

Tech Mahindra can be analyzed on the following key metrics - TTM P/E: 46.81 Sector P/E: 30.67 Dividend Yield: 2.8% D/E ratio: -

Tech Mahindra Share Price

Sector: Software & Programming

Powered by

1479.25 +6.40 (0.43%)

1D
5D
1M
3M
6M
1Y
5Y
MAX

Price Range

Today’s Low 1472.9

Today’s High 1498

52 Week Low 1082.55

52 Week High 1478.95

Key Metrics

Market Cap (In Cr) 139871.4
Beta 0.94
Div. Yield (%) 2.8
P/B 4.73
TTM P/E 46.81
Peg Ratio 0.65
Sector P/E 30.67
D/E 0.1
Open Price 1472.9
Prev Close 1472.85

View All Metrics

Tech Mahindra Analysis

Price Analysis

1 Week

5.02%
3 Months

18.28%
6 Month

13.49%
YTD

15.67%
1 Year

30.18%

Risk Meter

29% Low risk
29% Moderate risk
29% Balanced Risk
29% High risk
29% Extreme risk

Recos

Strong Sell
Sell
Hold
Buy
Strong Buy

Analysts' Views

Ratings
Current
1 W Ago
1 M Ago
3 M Ago

Strong Buy
10
11
11
5

Buy
9
7
7
7

Hold
8
8
8
10

Sell
10
10
10
12

Strong Sell
2
2
2
2

Total
39
38
38
36

Tech Mahindra News

Premium

Top Gainers and Losers today on 1 July, 2024: Tech Mahindra, Wipro, NTPC, State Bank Of India among most active stocks; Check full list here

2 min read . 01 Jul 2024

All ten constituents of the index impressively ended June in positive territory. Leading the pack, Persistent Systems gained 16.20%, while major IT companies like Wipro, Tech Mahindra, and LTIMindtree posted gains ranging from 10% to 14.2%. (Pixabay)

Premium

Nifty IT index rebounds from 3-month downturn in June, surges over 11%

3 min read . 01 Jul 2024

Premium

Oriental Carbon & Chemicals, Bohra Industries & others hit 52 week low today ;Check the full list here?

4 min read . 01 Jul 2024

Premium

Indus Towers, Tech Mahindra & others hit 52 week high today ; Do you own any?

4 min read . 01 Jul 2024

View More News

Tech Mahindra Financials

INCOME
BALANCE SHEET
Cashflow

DATE

Annual

Quarterly

Period
2024

Total Revenue
51995.5

Selling/ General/ Admin Expenses Total
29128.3

Depreciation/ Amortization
1817.1

Other Operating Expenses Total
11213.8

Total Operating Expense
49306.3

Operating Income
2689.2

Net Income Before Taxes
3224.4

Net Income
2357.8

Diluted Normalized EPS
30.42

Period
2023

Total Revenue
53290.2

Selling/ General/ Admin Expenses Total
36767.5

Depreciation/ Amortization
1951.8

Other Operating Expenses Total
288

Total Operating Expense
47424.7

Operating Income
5865.5

Net Income Before Taxes
6445.5

Net Income
4831.3

Diluted Normalized EPS
56.52

Period
2022

Total Revenue
44646

Selling/ General/ Admin Expenses Total
29360.1

Depreciation/ Amortization
1511

Other Operating Expenses Total
127.4

Total Operating Expense
38104.9

Operating Income
6541.1

Net Income Before Taxes
7452.1

Net Income
5566.1

Diluted Normalized EPS
62.76

Period
2021

Total Revenue
37855.1

Selling/ General/ Admin Expenses Total
25577.3

Depreciation/ Amortization
1444.4

Other Operating Expenses Total
275.4

Total Operating Expense
32402.8

Operating Income
5452.3

Net Income Before Taxes
5952.9

Net Income
4428

Diluted Normalized EPS
50

Period
2020

Total Revenue
36867.7

Selling/ General/ Admin Expenses Total
25348.4

Depreciation/ Amortization
1426.8

Other Operating Expenses Total
107.9

Total Operating Expense
32616.9

Operating Income
4250.8

Net Income Before Taxes
5057.8

Net Income
4033

Diluted Normalized EPS
46.38

Period
2019

Total Revenue
34742.1

Selling/ General/ Admin Expenses Total
23735.2

Depreciation/ Amortization
1109.7

Other Operating Expenses Total
91.9

Total Operating Expense
29505.2

Operating Income
5236.9

Net Income Before Taxes
5543.2

Net Income
4297.6

Diluted Normalized EPS
47.59

Period
2018

Total Revenue
30772.9

Selling/ General/ Admin Expenses Total
21876.3

Depreciation/ Amortization
1063.9

Other Operating Expenses Total
58.9

Total Operating Expense
27112.7

Operating Income
3660.2

Net Income Before Taxes
4878.8

Net Income
3799.8

Diluted Normalized EPS
41.39

View detailed financials

Forecast

Income Sheet (In Cr) Net Income Vs Revenue

Returns Metrics (In Cr) ROA Vs ROE

Forecast

Balance Sheet Asset vs Liability

Forecast

Cash Flow Operating vs Investing

Tech Mahindra Technical

Moving Average SMA

5 Day1420.76
10 Day1402.02
20 Day1359.35

50 Day1303.02
100 Day1300.72
300 Day1266.32

Tech Mahindra Peers

Price
Ratio

Name
Latest Price
Change
% Change
52W High
52W Low
Mkt. Cap

HCL Technologies
1484.55
15.8
1.08
1696.5
1087.75
402857.15

LTI Mindtree
5476.5
25.8
0.47
6442.65
4518.35
162193.87

Tech Mahindra
1479.25
6.4
0.43
1478.95
1082.55
130553.6

Oracle Financial Services Softwa
10146
-48.6
-0.48
10423.4
3731.4
87937.41

PB Fintech
1465.3
-51.9
-3.42
1544.15
661.25
65727.82

Tech Mahindra Shareholding

Shareholding Pattern

Shareholding Trend

Shareholding(%) v/s Date

View All

Corporate Actions

Board Meeting
AGM
Dividends
Bonus
Split
Rights

Meeting Date
Purpose

25-Jul-24
Quarterly Results

25-Apr-24
Audited Results & Final Dividend

24-Jan-24
Quarterly Results

25-Oct-23
Quarterly Results & Interim Dividend

26-Jul-23
Audited Results

27-Apr-23
Audited Results & Final Dividend

30-Jan-23
Quarterly Results

01-Nov-22
Audited Results & Interim Dividend

25-Jul-22
Quarterly Results

13-May-22
Audited Results & Dividend

Meeting Date
Announced on
Purpose

27-Jul-23
27-Apr-23
AGM

26-Jul-22
13-May-22
AGM

30-Jul-21
26-Apr-21
AGM

Announced on
Record Date
Ex-Dividend
Dividend Value

25-Apr-24
-
-
28

20-Oct-23
02-Nov-23
02-Nov-23
12

27-Apr-23
-
21-Jul-23
32

25-Oct-22
10-Nov-22
09-Nov-22
18

13-May-22
-
21-Jul-22
15

14-May-22
-
21-Jul-22
15

25-Oct-21
05-Nov-21
02-Nov-21
15

26-Apr-21
-
23-Jul-21
15

27-Apr-21
-
23-Jul-21
15

View All

Company Profile

ABOUT Tech Mahindra

Industry Software & Programming
ISIN INE669C01036
BSE Code 532755
NSE Code TECHM

Tech Mahindra Limited is an India-based provider of digital transformation, consulting and business re-engineering services and solutions. The Company operates through two segments: Information Technology (IT) Services and Business Processing Outsourcing (BPO). Its geographical segments include the Americas, Europe region, India and the Rest of the world. The Company’s products/services include telecom services, consulting, application outsourcing, infrastructure outsourcing, engineering services, business services group, platform solutions and mobile value-added services. The Company serves industries, including communications, manufacturing, technology, media and entertainment, banking, financial services and insurance, and retail, transport and logistics. The Company’s subsidiaries include Tech Mahindra Luxembourg S.a r.l., Yabx India Private Limited, Tech Mahindra Credit Solutions Inc, Tech Mahindra Technology Services LLC and Zen3 Infosolutions (America) Inc.

MANAGEMENT

Mohit Joshi Chief Executive Officer, Managing Director
Rohit Anand Chief Financial Officer
Richard Lobo Chief People Officer
Peeyush Dubey Chief Marketing Officer
Anil Khatri Compliance Officer, Company Secretary
Vineet Vij General Counsel
Sandeep Chandna Chief Sustainability Officer
Subrahmanyam Kuna Head of Infrastructure Management
Ram Ramachandran Head of Strategic Business Unit
Cvn Varma Heads of Corporate Services

TECH MAHINDRA SUMMARY

Tech Mahindra is trading 0.43% upper at Rs 1479.25 as compared to its last closing price. Tech Mahindra has been trading in the price range of 1498 & 1472.9. Tech Mahindra has given 15.67% in this year & 5.02% in the last 5 days.

Tech Mahindra has TTM P/E ratio 46.81 as compared to the sector P/E of 30.67. There are 39 analysts who have initiated coverage on Tech Mahindra. There are 10 analysts who have given it a strong buy rating & 9 analysts have given it a buy rating. 10 analysts have given the stock a sell rating.

The company posted a net profit of 661 Crores in its last quarter.

Listed peers of Tech Mahindra include HCL Technologies (1.08%), LTI Mindtree (0.47%), Tech Mahindra (0.43%) etc.

Tech Mahindra has a 35.09% promoter holding & 64.91% public holding.

FAQs about Tech Mahindra

Tech Mahindra is trading at 1479.25 as on 2 Jul, 2024 1:20:49 PM. This is 0.43% upper as compared to its previous closing price of 1472.85

The market capitalization of Tech Mahindra is 139871.4 Cr as on 2 Jul, 2024 1:20:49 PM.

The average broker rating on Tech Mahindra is Hold. The breakup of analyst rating is given below -

2 analysts have given a strong sell rating
10 analysts have given a sell rating
8 analysts have given a hold rating
9 analysts have given a buy rating
10 analysts have given a strong buy rating

The 52 wk high for Tech Mahindra is 1478.95 whereas the 52 wk low is 1082.55

Tech Mahindra can be analyzed on the following key metrics -

TTM P/E: 46.81
Sector P/E: 30.67
Dividend Yield: 2.8%
D/E ratio: -

Tech Mahindra reported a net profit of 2357.8 Cr in 2024.

Tech Mahindra Quick Links

Equity Quick Links

Top Gainers | Top Losers | Indian Indices | BSE Active Stocks | NSE Active Stocks

Tech Mahindra Share Price

Price Range

Price Range

Key Metrics

Tech Mahindra Analysis

Tech Mahindra News

Top Gainers and Losers today on 1 July, 2024: Tech Mahindra, Wipro, NTPC, State Bank Of India among most active stocks; Check full list here

Nifty IT index rebounds from 3-month downturn in June, surges over 11%

Oriental Carbon & Chemicals, Bohra Industries & others hit 52 week low today ;Check the full list here?

Indus Towers, Tech Mahindra & others hit 52 week high today ; Do you own any?

Tech Mahindra Financials

Forecast

Forecast

Forecast

Tech Mahindra Technical

Tech Mahindra Peers

Tech Mahindra Shareholding

Shareholding Pattern

Shareholding Trend

Corporate Actions

Company Profile

ABOUT Tech Mahindra

MANAGEMENT

TECH MAHINDRA SUMMARY

FAQs about Tech Mahindra

Wait for it…

Wait for it…

Congratulations!

Subscribe to continue