|
24 May 2025 |
Tech Mahindra
|
Consensus Share Price Target
|
1580.30 |
1538.05 |
- |
-2.67 |
hold
|
|
|
|
|
26 Jul 2024
|
Tech Mahindra
|
IDBI Capital
|
1580.30
|
1512.00
|
1541.15
(2.54%)
|
Target met |
Hold
|
|
|
|
|
26 Jul 2024
|
Tech Mahindra
|
Axis Direct
|
1580.30
|
1685.00
|
1541.15
(2.54%)
|
Target met |
Buy
|
|
|
We recommend a BUY rating on the stock.
|
|
25 Jul 2024
|
Tech Mahindra
|
Prabhudas Lilladhar
|
1580.30
|
1340.00
|
1530.00
(3.29%)
|
Target met |
Sell
|
|
|
|
|
25 Jul 2024
|
Tech Mahindra
|
Motilal Oswal
|
1580.30
|
1470.00
|
1530.00
(3.29%)
|
Target met |
Neutral
|
|
|
Tech Mahindra (TECHM) reported 1QFY25 revenue of USD1.5b, up 0.7% QoQ in CC vs. our estimate of 0.4% QoQ CC.
|
|
25 Jun 2024
|
Tech Mahindra
|
ICICI Direct
|
1580.30
|
1640.00
|
1427.75
(10.68%)
|
Target met |
Buy
|
|
|
|
|
21 Jun 2024
|
Tech Mahindra
|
Sharekhan
|
1580.30
|
1715.00
|
1399.80
(12.89%)
|
Target met |
Buy
|
|
|
We have upgraded the company to Buy with a revised price target of Rs. 1,715 (raised target multiple to 25xFY26E) to factor probable business recovery on account of a well-defined and articulated roadmap towards FY27, which
is likely to be supported by gradually receding headwinds and leveraging of Mahindra group’s synergies and ecosystems.
|
|
29 Apr 2024
|
Tech Mahindra
|
KRChoksey
|
1580.30
|
1385.00
|
1288.30
(22.67%)
|
Target met |
Accumulate
|
|
|
Tech Mahindra’s weak Q4FY24 financial performance was accompanied by management's unveiling of a comprehensive three-pronged strategy targeting growth, operations, and organizational restructuring to bolster long-term revenue growth and margins.
Revenue declined by 6.2% YoY to INR 1,28,713, primarily due to Communications, Media and Entertainment vertical (-16.5% YoY).
|
|
26 Apr 2024
|
Tech Mahindra
|
IDBI Capital
|
1580.30
|
1265.00
|
1278.75
(23.58%)
|
Target met |
Hold
|
|
|
|
|
26 Apr 2024
|
Tech Mahindra
|
ICICI Direct
|
1580.30
|
1540.00
|
1278.75
(23.58%)
|
Target met |
Buy
|
|
|
|
|
26 Apr 2024
|
Tech Mahindra
|
ICICI Securities Limited
|
1580.30
|
1350.00
|
1278.75
(23.58%)
|
Target met |
Accumulate
|
|
|
Tech Mahindra (TechM) has reported slightly better-than-estimated revenue performance with 0.8% QoQ CC decline, led by traction in BFSI vertical in Q4FY24. It reported TCV growth of 31% QoQ with EBIT margin at 7.4%.
|