NSE: TECHM | BSE: 532755

Mid-range Performer

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1579.10 8.00 (0.51%)

30.57% Gain from 52W Low

619.3K NSE+BSE Volume

NSE 09 Jun, 2025 3:49 PM (IST)

154,616.7

Market Cap

High in industry

1.1

Beta 1Year

High 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.

Tech Mahindra Ltd.

31 Jul 2018

1579.10

0.51%

Result Review of Tech Mahindra

Accumulate: Tech Mahindra Ltd.

Target

IDBI Capital

The decline in Communications segment was higher than our forecast which factored seasonal weakness in Comviva business and issues with couple of clients. TECHM confirmed that it has already secured couple of large deals in the Communications...

Number of FII/FPI investors increased from 1089 to 1095 in Mar 2025 qtr.

Tech Mahindra Ltd.

31 Jul 2018

1579.10

0.51%

Tech Mahindra

Buy: Tech Mahindra Ltd.

Recommendation Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research US$ revenues declined 1.6% QoQ to $1224.1 million, broadly in line with our expectation of 2% de-growth, $1219.2 million estimate. Revenue decline was mainly due to seasonal weakness in Comviva business (telecom). Revenue grew 0.3% in constant currency Rupee revenues grew 2.8% QoQ to | 8,276.3 crore, above our |...

Tech Mahindra Ltd. is trading above its 100 day SMA of 1542.0

Tech Mahindra Ltd.

31 Jul 2018

1579.10

0.51%

Tech Mahindra - 1QFY19 Result Update

Buy: Tech Mahindra Ltd.

Target

Reliance Securities

Likely Revival of Communications Biz to Aid Growth Tech Mahindra (TechM) has delivered an in-line performance in 1QFY19 with its USD revenue declining by 1.6% QoQ to US$1,224mn (0.3% in CC terms), exactly in-line with our estimate. Communications business remained under pressure, with revenue declining by a steep 6.3% QoQ in USD terms, which on YoY basis declined by 5.8%, marking de-growth for fourth consecutive quarter. Notably, this vertical contributed 39.6% to total revenue in 1QFY19, the lowest level since the acquisition of Satyam. On the other hand, Enterprise business grew by a healthy 3.8% QoQ in CC terms, while reported USD growth came in at 1.8%. Vertical-wise,...

Tech Mahindra Ltd. has an average target of 1717.80 from 10 brokers.

Tech Mahindra Ltd.

20 Jun 2018

1579.10

0.51%

TECH MAHINDRA LTD

Hold: Tech Mahindra Ltd.

Geojit Research

Tech Mahindra posted healthy 3.6% QoQ growth in revenue in Q4FY18 on consolidated basis. However, in USD terms, revenue growth stood at 2.9% QoQ (1.7% QoQ in CC terms) powered by continued momentum in enterprise business (~5% QoQ) while growth in the key communication vertical (42% of revenue) was muted, however it has stabilised in the...

Tech Mahindra Ltd. is trading above its 100 day SMA of 1542.0

Tech Mahindra Ltd.

11 Jun 2018

1579.10

0.51%

Buy Tech Mahindra (@ CMP of INR 706)

Buy: Tech Mahindra Ltd.

Edelweiss

Tech Mahindra has been one of the leaders in providing end to end solution to the IT needs of the telecom vertical and its merger with...

Tech Mahindra Ltd. is trading above its 100 day SMA of 1542.0

Tech Mahindra Ltd.

31 May 2018

1579.10

0.51%

Tech Mahindra

Results Update: Tech Mahindra Ltd.

SMC online

Tech Mahindra Ltd. is trading below its 150 day SMA of 1599.0

Tech Mahindra Ltd.

28 May 2018

1579.10

0.51%

Tech Mahindra

Hold: Tech Mahindra Ltd.

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research US$ revenues grew 2.9% QoQ to $1244.3 million, broadly in line with our expectation of 2.5% growth and $1,239 million estimate...

Tech Mahindra Ltd. has an average target of 1717.80 from 10 brokers.

Tech Mahindra Ltd.

28 May 2018

1579.10

0.51%

Result Review of Tech Mahindra

Hold: Tech Mahindra Ltd.

Target

IDBI Capital

Maintain HOLD with new TP of Rs688 based on 15x FY20E We maintain HOLD as we believe that the ~41% uptick in the stock in 2018 (YTD) factors the positives. Current PER of 15.3x FY20E is higher than the median 1-yr forward PER of 13.2x in the last three years....

Tech Mahindra Ltd. is trading below its 150 day SMA of 1599.0

Tech Mahindra Ltd.

26 May 2018

1579.10

0.51%

Tech Mahindra (4QFY18): Robust operational performance. Maintain BUY

Buy: Tech Mahindra Ltd.

Target

HDFC Securities

Maintain BUY with a TP of Rs 800 based on 15x FY20 EPS. Tech Mahindra delivered decent performance in 4QFY18 both on revenue and operational fronts. Revenue stood at USD 1,244mn (+2.9% QoQ, +1.7% CC), vs our estimate of USD 1,250mn. Growth was driven by Enterprise (+5.1% QoQ), led by investment in IPs and traction in Manufacturing (+10.5% QoQ). Digital (27% of rev, +35% YoY in FY18) is driving growth in Enterprise (+19% YoY).

Tech Mahindra Ltd. is trading below its 150 day SMA of 1599.0

Is Tech Mahindra Ltd. worth buying?

945 Votes:

Buy 77.57%

Sell 10.9%

Hold 11.53%

RESEARCH REPORTS

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