NSE: TECHM | BSE: 532755

Mid-range Performer

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1454.00 -19.40 (-1.32%)

1.3M NSE+BSE Volume

NSE 08 Apr, 2026 11:25 AM (IST)

142,468.9

Market Cap

High in industry

Beta 1Year

Very Low volatility

Tech Mahindra Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for TECHM, BSE:532755 Tech Mahindra Ltd.

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Tech Mahindra Ltd.

26 Mar 2026

1454.00

-1.32%

Tech Mahindra

Buy: Tech Mahindra Ltd.

Target

ICICI Direct

The Nifty IT index has witnessed a sharp correction over the past few months, declining ~25% YTD, primarily driven by rising concerns around the potential impact of Generative AI (Gen AI) on the long-term business model of IT services companies, along with macro and geopolitical uncertainties. Large-cap and midcap IT stocks have corrected meaningfully despite relatively stable operating performance and continued deal wins, as investors reassess near-term growth...

Tech Mahindra Ltd. is trading below its 50 day SMA of 1488.1

Tech Mahindra Ltd.

01 Feb 2026

1454.00

-1.32%

TECH MAHINDRA LTD

Buy: Tech Mahindra Ltd.

Target

Geojit BNP Paribas

The company delivered a strong performance, driven by robust deal momentum, improved execution and steady demand across key verticals, supported by a solution-led go-to-market strategy and deeper strategic client relationships. Management commentary remained constructive, highlighting continued focus on EBIT improvement through productivity initiatives, cost optimisation and operational efficiencies. The ramp-up of large multi-year deals, increasing adoption of AI-led and digital transformation offerings, and expansion in priority geographies are...

Tech Mahindra Ltd. has an average target of 1855.42 from 12 brokers.

Tech Mahindra Ltd.

19 Jan 2026

1454.00

-1.32%

Tech Mahindra (TECHM): Q3FY26 Result Review

Buy: Tech Mahindra Ltd.

Target

IDBI Capital

Tech Mahindra's Q3FY26 performance signals a meaningful turnaround, underpinned by improving growth momentum, sustained margin expansion and strong deal visibility. Revenue grew 1.7% QoQ in CC term, driven by broad-based traction across communications, manufacturing, retail and healthcare, while Europe posted robust 11% YoY growth aided by large deal ramps. EBIT margin expanded sharply to 13.1%, up 290 bps YoY, led by fixedprice productivity gains, pricing discipline and better revenue mix, with management confident of reaching ~15% margins by FY27. Deal wins hit a fiveyear high at USD 1.1bn TCV, up 48% YoY on an LTM basis, anchored by a landmark +USD 500mn European telecom mega-deal that materially enhances...

Tech Mahindra Ltd. is trading above its 30 day SMA of 1380.6

Tech Mahindra Ltd.

19 Jan 2026

1454.00

-1.32%

Tech Mahindra

Buy: Tech Mahindra Ltd.

Target

ICICI Direct

Q3FY26 Performance: TechM in Q3FY26 reported a revenue of US$1,610 mn, up 1.5% QoQ/ 2.7% YoY (up 1.7% QoQ / 1.3% YoY in CC terms). EBIT margin was up ~ 100 bps QoQ/~300 bps YoY to 13.1%. Adjusted PAT (ex-one-off from new labour...

Tech Mahindra Ltd. is trading above its 30 day SMA of 1380.6

Tech Mahindra Ltd.

19 Jan 2026

1454.00

-1.32%

Result Update:Tech Mahindra

Buy: Tech Mahindra Ltd.

Target

Axis Direct

We maintain a BUY rating on the stock.

Tech Mahindra Ltd. is trading above its 30 day SMA of 1380.6

Tech Mahindra Ltd.

19 Jan 2026

1454.00

-1.32%

Broad-based growth, strong deal momentum, and margin expansion

Accumulate: Tech Mahindra Ltd.

Recommendation Target

Deven Choksey

The strong rebound in deal wins, expanding EBIT margins, and increasing contribution from large strategic clients provide better earnings visibility into FY27, supporting a gradual re-rating.

Tech Mahindra Ltd. is trading below its 50 day SMA of 1488.1

Tech Mahindra Ltd.

18 Jan 2026

1454.00

-1.32%

Splendid show despite adverse seasonality; maintain BUY

Buy: Tech Mahindra Ltd.

Anand Rathi

Tech Mahindra (“TechM”) delivered a healthy performance even in a furlough quarter, with 1.7% q/q growth in CC revenue, 100bps q/q expansion in EBIT margin to 13.1% and TCV crossing $1bn, on the back of a 5-year, $500m European telco modernisation deal (to ramp up from Q1FY27).

Tech Mahindra Ltd. is trading above its 30 day SMA of 1380.6

Tech Mahindra Ltd.

18 Jan 2026

1454.00

-1.32%

Tech Mahindra (HOLD): Sceptics on FY27 margins will start to flip

Hold: Tech Mahindra Ltd.

Target

BOB Capital Markets Ltd.

3Q broadly in line; seems on track to deliver 15% EBIT margin in FY27, alongside above-peer revenue growth based on strong TCV

Tech Mahindra Ltd. is trading above its 30 day SMA of 1380.6

Tech Mahindra Ltd.

17 Jan 2026

1454.00

-1.32%

Targets in sight

Buy: Tech Mahindra Ltd.

Target

Motilal Oswal

Tech Mahindra (TECHM) reported 3QFY26 revenue of USD1.6b, up 1.7% QoQ in CC vs. our estimate of 0.5% CC growth. Retail/Technology/Healthcare rose 4.0%/3.0%/3.0% QoQ, whereas BFSI declined 6.2% QoQ (in USD terms).

Tech Mahindra Ltd. is trading below its 50 day SMA of 1488.1

Tech Mahindra Ltd.

17 Jan 2026

1454.00

-1.32%

Q3FY26 all-round strong performance – key milestone in turnaround journey

Hold: Tech Mahindra Ltd.

Target

ICICI Securities Limited

Q3FY26 marks the first quarter of an all-round strong performance in TechM’s turnaround journey, post new CEO, Mr. Mohit Joshi, taking over in Dec’23.

Tech Mahindra Ltd. is trading above its 30 day SMA of 1380.6

Is Tech Mahindra Ltd. worth buying?

981 Votes:

Buy 77.47%

Sell 11.01%

Hold 11.52%

RESEARCH REPORTS

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