|
13 Jul 2025 |
Tech Mahindra
|
Consensus Share Price Target
|
1602.50 |
1606.45 |
- |
0.25 |
hold
|
|
|
|
|
26 Jul 2024
|
Tech Mahindra
|
Axis Direct
|
1602.50
|
1685.00
|
1541.15
(3.98%)
|
Target met |
Buy
|
|
|
We recommend a BUY rating on the stock.
|
|
26 Jul 2024
|
Tech Mahindra
|
ICICI Direct
|
1602.50
|
1780.00
|
1541.15
(3.98%)
|
Target met |
Buy
|
|
|
|
|
25 Jul 2024
|
Tech Mahindra
|
Motilal Oswal
|
1602.50
|
1470.00
|
1530.00
(4.74%)
|
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 Jul 2024
|
Tech Mahindra
|
Prabhudas Lilladhar
|
1602.50
|
1340.00
|
1530.00
(4.74%)
|
Target met |
Sell
|
|
|
|
|
25 Jun 2024
|
Tech Mahindra
|
ICICI Direct
|
1602.50
|
1640.00
|
1427.75
(12.24%)
|
Target met |
Buy
|
|
|
|
|
21 Jun 2024
|
Tech Mahindra
|
Sharekhan
|
1602.50
|
1715.00
|
1399.80
(14.48%)
|
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.
|
|
26 Apr 2024
|
Tech Mahindra
|
Axis Direct
|
1602.50
|
1100.00
|
1278.75
(25.32%)
|
|
Sell
|
|
|
Given the uncertainty from the world's largest economies, we expect delays in decision-making on IT budgets. Keeping this in view, we recommend a SELL on the stocks.
|
|
26 Apr 2024
|
Tech Mahindra
|
Prabhudas Lilladhar
|
1602.50
|
1135.00
|
1278.75
(25.32%)
|
|
Hold
|
|
|
|
|
26 Apr 2024
|
Tech Mahindra
|
ICICI Direct
|
1602.50
|
1540.00
|
1278.75
(25.32%)
|
Target met |
Buy
|
|
|
|
|
26 Apr 2024
|
Tech Mahindra
|
ICICI Securities Limited
|
1602.50
|
1350.00
|
1278.75
(25.32%)
|
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%.
|