|
05 Jul 2025 |
Tech Mahindra
|
Consensus Share Price Target
|
1655.20 |
1590.29 |
- |
-3.92 |
hold
|
|
|
|
|
07 Aug 2024
|
Tech Mahindra
|
Geojit BNP Paribas
|
1655.20
|
1645.00
|
1473.65
(12.32%)
|
Target met |
Buy
|
|
|
|
|
31 Jul 2024
|
Tech Mahindra
|
KRChoksey
|
1655.20
|
1684.00
|
1538.05
(7.62%)
|
Target met |
Accumulate
|
|
|
Tech Mahindra’s Q1FY25 result missed our projections. Revenue declined by 1.2% YoY (+1.0% QoQ) to INR 130,055 Mn, driven by negative growth in communication vertical; missing our estimates by 1.2%.
|
|
26 Jul 2024
|
Tech Mahindra
|
Axis Direct
|
1655.20
|
1685.00
|
1541.15
(7.40%)
|
Target met |
Buy
|
|
|
We recommend a BUY rating on the stock.
|
|
26 Jul 2024
|
Tech Mahindra
|
ICICI Direct
|
1655.20
|
1780.00
|
1541.15
(7.40%)
|
Target met |
Buy
|
|
|
|
|
26 Jul 2024
|
Tech Mahindra
|
IDBI Capital
|
1655.20
|
1512.00
|
1541.15
(7.40%)
|
Target met |
Hold
|
|
|
|
|
25 Jul 2024
|
Tech Mahindra
|
Prabhudas Lilladhar
|
1655.20
|
1340.00
|
1530.00
(8.18%)
|
Target met |
Sell
|
|
|
|
|
25 Jul 2024
|
Tech Mahindra
|
Motilal Oswal
|
1655.20
|
1470.00
|
1530.00
(8.18%)
|
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
|
1655.20
|
1640.00
|
1427.75
(15.93%)
|
Target met |
Buy
|
|
|
|
|
21 Jun 2024
|
Tech Mahindra
|
Sharekhan
|
1655.20
|
1715.00
|
1399.80
(18.25%)
|
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
|
1655.20
|
1385.00
|
1288.30
(28.48%)
|
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).
|