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Tech Mahindra Ltd.

NSE: TECHM | BSE:532755

₹1278.75 88.45 (7.43%) 1D

Software & Services

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Performance

Today’s low

1241.00

Today’s High

1347.00

52W low

981.00

52W High

1416.30

Open Price

1250.00

Prev. Close

1293.3500

Volume

21285109.00

Value

27218333133.75

Fundamentals

Market Cap Cr

124908.50

Price to Earnings

53.00

Price to Book Value

4.60

Dividend Yield

3.40

PE to Growth

-1.00

Op Revenue TTM Cr

51995.54

Net Profit TTM Cr

2357.86

Cash From Operating Activity Cr

6376.37

Return on Equity %

8.84

EMA & SMA

Bullish Moving Averages

16

Bearish Moving Averages

0

DELIVERY AND VOLUME

DAILY AVG. DELIVERY VOLUME %

26 Apr, 2024

29.8

Week

36.8

Month

44

LEGEND

Positive Indicator

Neutral Indicator

Negative Indicator

RESISTANCE AND SUPPORT

1288.92

PIVOT

First Resistance

1336.83

Second Resistance

1394.92

Third Resistance

1442.83

First Support

1230.83

Second Support

1182.92

Third Support

1124.83

Relative Strength Index

58.29

Money Flow Index

53.13

MACD

-15.64

MACD Signal

-18.05

Average True Range

35.87

Average Directional Index

33.63

Rate of Change (21)

1.28

Rate of Change (125)

11.96

Commodity Channel Index

122.9

Williams %R

-37.1

BETA

1 Month

0.5

3 Month

0.72

1 Year

0.68

3 Year

0.17

PRICE CHANGE ANALYSIS

7.13%

1 Week

Low

High

1172.8

1347

1.95%

1 Month

Low

High

1162.95

1347

-3.28%

3 Months

Low

High

1162.95

1362.4

14.64%

6 Months

Low

High

1113.8

1416.3

28.35%

1 Year

Low

High

981.05

1416.3

27 Apr 2024

Analysts cheer Tech Mahindra roadmap

Analysts said that the company's new CEO, Mohit Joshi, unveiled a 3-year turnaround plan to exceed industry-leading revenue growth by FY27. "We believe near-term monitorable for the company's progress towards this goal would be immediate margin improvement in FY25 and steady revenue growth improvement in subsequent years," said Nomura in a note.
Bigul
26 Apr 2024

TECH MAHINDRA LTD. - 532755 - Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Advertisement pertaining to the Financial Results of Q4 FY 2024.
26 Apr 2024

Tech Mahindra Q4 Results Review - Long Way To Go: Prabhudas Lilladher

Laid out three-year strategic path in order to drive growth and profitability
25 Apr 2024

Tech Mahindra's New Era Of Scale And Speed: CEO Unveils Three-Year Road Map

New Delhi, Apr 25 (PTI) IT services firm Tech Mahindra on Thursday unveiled a three-year road map that aims to spur business momentum, improve margins and achieve better and higher topline growth than peer average by FY27.
Bigul
25 Apr 2024

Q4FY24 Quarterly & FY24 Annual Result Announced for Tech Mahindra Ltd.

IT Consulting & Software company Tech Mahindra announced Q4FY24 & FY24 results: Q4FY24 Financial Highlights (USD): Revenue stood at USD 1,548 million, witnessing a decrease of 1.6% QoQ and 7.2% YoY. Revenue declined by 0.8% QoQ and by 6.4% YoY in constant currency terms. EBITDA reached USD 169 million, marking a significant increase of 22.9% QoQ, but a decrease of 31.1% YoY, with a margin of 10.9%, up by 220 basis points (bps) QoQ. Profit after tax (PAT) amounted to USD 79 million, showing a notable increase of 29.5% QoQ, but a decline of 41.5% YoY. Free cashflow was recorded at USD 129 million. Q4FY24 Financial Highlights (INR): Revenue totaled Rs 12,871 crore, a decrease of 1.8% QoQ and 6.2% YoY. EBITDA amounted to Rs 1,408 crore, an increase of 22.8% QoQ, but a decrease of 30.3% YoY. Consolidated PAT stood at Rs 661 crore, an increase of 29.5% QoQ, but a decline of 40.9% YoY. Earnings per share (EPS) was at 7.45. FY24 Financial Highlights (USD): Revenue amounted to USD 6,277 million, marking a decrease of 5.0% YoY. Revenue declined by 4.7% YoY in constant currency terms. EBITDA reached USD 599 million, witnessing a significant decrease of 39.5% YoY, with a margin of 9.6%, down by 550 basis points (bps) YoY. Profit after tax (PAT) amounted to USD 284 million, showing a notable decrease of 52.2% YoY. Free cash flow was recorded at USD 676 million. FY24 Financial Highlights (INR): Revenue amounted to Rs 51,996 crore, decrease of 2.4% YoY. EBITDA reached Rs 4,965 crore, witnessing a significant decrease of 38.2% YoY. Consolidated PAT stood at 2,358 crore, marking a notable decrease of 51.2% YoY. Earnings per share (EPS) was at 26.58. Other Highlights: Total headcount was at 145,455, down by 795 QoQ. Cash and Cash Equivalent amounted to Rs 7,912 crore as of March 31, 2024. Mohit Joshi, Chief Executive Officer and Managing Director of Tech Mahindra, stated, "As we enter FY'25, we are anticipating an enhancement in client spending, which instills optimism for a stronger revenue performance ahead. Our distinct capability to empower customers with transformative scale at unmatched speed sets us apart from competitors. Despite the challenges faced by the IT services sector in FY'24, including global economic uncertainties, we have observed a significant push towards digital adoption." Rohit Anand, Chief Financial Officer of Tech Mahindra, added, "With another quarter of robust cash generation, we have witnessed improvements in deal wins and operating margins in Q4FY’24, facilitating consistent dividend distribution. We are confident that our strategic actions will result in steady earnings growth in the coming years. Our focus remains on operational excellence and cost savings to deliver superior shareholder returns." Result PDF
Bigul
25 Apr 2024

TECH MAHINDRA LTD. - 532755 - Appointment Of Secretarial Auditor.

Appointment of Secretarial Auditor.
Bigul
25 Apr 2024

TECH MAHINDRA LTD. - 532755 - Announcement under Regulation 30 (LODR)-Date of payment of Dividend

Announcement under Regulation 30 (LODR)-Date of payment of Dividend.
See all News

FAQs

The latest market price of Tech Mahindra Ltd. on NSE was Rs. 1278.75 as of today.

The opening share price of Tech Mahindra Ltd. was Rs. 1250.00 as of today.

The 52-week high share price of Tech Mahindra Ltd. was Rs. 1416.30.

The 52 week low share price of Tech Mahindra Ltd. was Rs. 981.00.

Tech Mahindra Ltd. has a market cap of Rs. 124908.50 crore as of today. Please refer to the Fundamentals section for further details.

The PE ratio of Tech Mahindra Ltd. is -1.00. Please refer to the Fundamentals section for further details.

The operating revenue for Tech Mahindra Ltd. in the last FY was Rs.  51995.54 crore. Please refer to the Financials section for further details.

The Net Profit for Tech Mahindra Ltd. in the last FY was Rs. 2357.86 crore. Please refer to the Financials section for further details.

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The latest dividend declared by Tech Mahindra Ltd. was on 2023-11-02 for Rs. 12 per share. According to today’s share price, the dividend yield of Tech Mahindra Ltd. stands at 3.40. Please refer to the Corporate Actions section for further details.

The latest bonus issue declared by Tech Mahindra Ltd. was as of 2015-03-19. The bonus ratio declared in this issue was 1:1. Please refer to the Corporate Actions section for further details.

The latest split issue declared by Tech Mahindra Ltd. was as of 2015-03-19. The split ratio declared in this issue was 10:5. Please refer to the Corporate Actions section for further details.

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Please refer to the News section for the latest news about Tech Mahindra Ltd..

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