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Tech Mahindra Ltd Performance

Today's Low
1,364.10
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Today's High
1,395.75
52 Wk Low
1,069.35
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52 Wk High
1,416.30


Open

1395

Traded Value (Cr)

237.72

Prev. Close

1371.45

Face Value

5

Volume

1733356

Tech Mahindra Ltd Fundamentals

Market Cap
₹ 133931.59 Cr
P/E Ratio (TTM)
56.82
P/B Ratio
5.01
Debt to Equity
0.10
ROE
14.69
EPS (TTM)
24.13
Dividend Yield
2.64 %
Book Value
273.48

Click here to know more about Fundamentals

Tech Mahindra Ltd Financials

Tech Mahindra Ltd Financials

Tech Mahindra Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Promoters 35.09 % 35.11 % 35.13 % 35.16 %
FII 24.15 % 24.58 % 26.22 % 25.68 %
Others 17.53 % 16.76 % 17.61 % 17.07 %
Mutual Funds 14.01 % 14.24 % 12.36 % 12.83 %
Retail 9.22 % 9.31 % 8.68 % 9.26 %

Promoters

35.09%

FII

24.15%

Others

17.53%

Mutual Funds

14.01%

Retail

9.22%

Promoters

35.11%

FII

24.58%

Others

16.76%

Mutual Funds

14.24%

Retail

9.31%

Promoters

35.13%

FII

26.22%

Others

17.61%

Mutual Funds

12.36%

Retail

8.68%

Promoters

35.16%

FII

25.68%

Others

17.07%

Mutual Funds

12.83%

Retail

9.26%

Resistance and Support

₹1,377.10

PIVOT

resistance-arrow
Resistance
First Resistance₹1,390.100
Second Resistance₹1,408.750
Third Resistance₹1,421.750
support-arrow
Support
First Support₹1,358.450
Second Support₹1,345.450
Third Support₹1,326.800

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day1,953,367746,52343.07
Week1,733,356936,441-20.05
1 Month1,733,3561,011,576-20.05
6 Months276,346,535137,748,70451.57

About Tech Mahindra Ltd

About Tech Mahindra Share Price Today

Tech Mahindra is a global IT services and consulting company that focuses on providing innovative digital experiences. The Mahindra Group, the world's largest tractor company, has a diverse portfolio in various industries. Tech Mahindra is dedicated to leveraging next-generation technologies like 5G, Blockchain, and Artificial Intelligence to facilitate digital transformation for its global customers. The company has received the HRH Prince of Wales' Terra Carta Seal, demonstrating its commitment to sustainability. Tech Mahindra is the fastest-growing brand globally and among the top 7 IT brands globally, with an AA+ rating for brand strength. The company aims to enhance the 'Human Centric Experience' and drive positive change in communities and stakeholders through Environmental, Social, and Governance practices. Since the listing date, there have been notable swings in the share price of Tech Mahindra Limited. You can keep an eye on Tech Mahindra share price on NSE & BSE daily for better insights. 

The History of Tech Mahindra Ltd

Tech Mahindra Ltd share price history and growth:

  • It was initiated in 1986 as a joint venture between Mahindra & Mahindra (M&M) and British Telecommunications plc (BT).
  • Focused on providing software and IT services to BT and other international clients.
  • Early growth and focus on telecom (1986-2002): Tech Mahindra primarily offered IT and telecom solutions.
  • BT divested its majority stake in 2006, selling a part of its shareholding to Mahindra & Mahindra.
  • Acquired a controlling stake in Satyam Computer Services in 2009, expanding its service offerings and client base.
  • The company continued expanding and diversifying in the 2010s, with strategic acquisitions in digital transformation, cloud computing, data analytics, cybersecurity, and global delivery centers.
  • Emerging as a global IT services provider, Tech Mahindra served clients across various industries and became one of India's leading IT services companies.

Some Important Facts about Tech Mahindra

Tech Mahindra is a prominent player in the global IT services industry and has achieved significant growth and recognition over the years. The company has some significant facts, such as its revenue and employee count, among other pertinent information. 

  1. Income:
    Tech Mahindra reported a total revenue of INR 53,255.2 Crores (approximately US$6.7 billion) for the fiscal year 2022–2023.
  2. The Quantity of Workers:
    In March 2023, Tech Mahindra had about 152,400 professionals working for them across the globe. 
  3. Worldwide Presence:
    With operations in several nations throughout the Americas, Europe, Asia-Pacific, and the Middle East, Tech Mahindra has a significant worldwide footprint. It can offer clients worldwide IT services and support thanks to its vast network of delivery centers. 

Key Personnel of Tech Mahindra

CP Gurnani, CEO and MD

CP Gurnani occupies important positions at Tech Mahindra and Mahindra Holidays & Resorts India Limited (MHRIL). He worked for more than 40 years for eminent companies such as Hewlett Packard, Perot Systems, and HCL Corporation. He has a deep comprehension of international markets and strategic thinking. His direction of Satyam's acquisition and merger represented one of the biggest turnarounds in the company's history. Check out the daily Tech Mahindra limited share price fluctuations with BlinkX.

Managing Director

C P Gurnani

Founded

1986

NSE Symbol

TECHM

Tech Mahindra Ltd Management

NameDesignation
Anand MahindraChairman (Non-Executive)
C P GurnaniManaging Director & CEO
T N ManoharanLead Independent Director
M Rajyalakshmi RaoIndependent Director
Anil KhatriCompany Sec. & Compli. Officer
Mukti KhaireDirector
Haigreve KhaitanIndependent Director
Shikha SharmaIndependent Director
Anish ShahDirector
Manoj BhatDirector
Penelope FowlerIndependent Director
Mohit JoshiManaging Director & CEO
Tarun BajajAdditional Director
NEELAM DHAWANAdditional Director
Amarjyoti BaruaAdditional Director

Tech Mahindra Ltd News

Tech Mahindra Ltd rises for third straight session
Tech Mahindra Ltd is quoting at Rs 1390.85, up 1.48% on the day as on 12:49 IST on the NSE. The stock is up 29.07% in last one year as compared to a 24.75% jump in NIFTY and a 20.87% jump in the Nifty IT index.
Tech Mahindra Ltd up for third straight session
Tech Mahindra Ltd is quoting at Rs 1358.4, up 3.11% on the day as on 12:49 IST on the NSE. The stock is up 26.8% in last one year as compared to a 24.64% jump in NIFTY and a 22.83% jump in the Nifty IT index.
Tech Mahindra allots 1.23 lakh equity shares under ESOP
Tech Mahindra Ltd spurts 1.97%, gains for third straight session
Tech Mahindra Ltd is quoting at Rs 1303.9, up 1.97% on the day as on 12:49 IST on the NSE. The stock is up 23.77% in last one year as compared to a 24.35% spurt in NIFTY and a 19.97% spurt in the Nifty IT index.
Market snaps 5-day gains; Nifty ends below 22,450; Bajaj twins drag
Market at day’s low; European mkt opens higher
Tech Mahindra spurts as Q4 PAT climbs 29% QoQ; declares dividend of Rs 28/sh
Tech Mahindra surged 9.23% to Rs 1,300 after the IT major's consolidated net profit jumped 29.51% to Rs 661 crore in Q4 FY24 as against Rs 510.4 crore reported in Q3 FY24.
Tech Mahindra director resigns
With effect from 17 May 2024
Tech Mahindra to pay dividend
On or before 09 August 2024
Tech Mahindra to conduct AGM
On 26 July 2024

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Tech Mahindra Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Tech Mahindra Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. Tech Mahindra Ltd's share price is ₹1,371.45 as of June 14, 2024 at 04:14 PM

Tech Mahindra Ltd's P/E ratio is 56.82 times as of June 14, 2024 at 04:14 PM.

Tech Mahindra Ltd's most recent financial reports indicate a price-to-book ratio of 5.01, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Tech Mahindra Ltd's market is 133,932 Cr as on June 14, 2024 at 04:14 PM.

The current financial records of Tech Mahindra Ltd show a 14.69% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

According to Tech Mahindra Ltd's most recent financial filings, the company has a total asset value of Crores, which includes current and non-current assets such as inventory, cash, properties, and equipment.

The 52-week high/low price of a Tech Mahindra Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Tech Mahindra Ltd's 52-week high and low as of June 14, 2024 at 04:14 PM are ₹1416.3 and ₹1069.35 respectively.

As of the Mar 2024 quarter, the promoter shareholding in Tech Mahindra Ltd stands at 35.09%. During the same period, Institutional Investors have shown a slight decrease in their holdings, dropping from 24.58% to 24.15%.