Tech Mahindra Ltd is a well-known company that is listed on stock exchanges, and its stock market performance has been quite positive. The demand for the company’s shares is increasing day by day, resulting in an increase in the share price. The share prices have been rising for a long time, following a bullish trading trend. The company is well-known in its field and has earned a good reputation in it, which is helping the company’s stock market performance by increasing the demand for shares, which will contribute to the company’s profits. In the last few quarters, the company has earned a profit, and this part of the profit has been increasing as the financial year passes. On the other hand, the company’s profit ratio is considered to be positive, and the company does not have any net debt, which is a sign of good earnings.
Tech Mahindra ltd Share Price insights:-
The Current market price of the company’s shares is currently 1256.30 INR; however, this is a temporary value and can change in the future.
There is a slight decrease of 0.74 percent in the company’s share prices as compared to the latest closing price on the stock exchange.
The company’s share price varies between 1250.45 INR and 1271.45 INR.
In the last 5 years, the tech mahindra share price target return has been 60.08 percent. In the last 3 years, the return has been 24.58 percent, in the last 1 year, the share price has been 14.83 percent, and in the last 3 months, the company’s return has been negative by 0.98 percent.
Tech Mahindra Ltd has gained 1.79% on the exchanges in the past one year whereas it has lost 1.52% in the last five days. There are chances of an increase in the company’s share prices in the near future.
Tech Mahindra Ltd’s share price is currently 1 per cent overvalued. The company’s highest share price in the past one year and 52 weeks is 1416,30 INR whereas the company’s lowest share price is 981,05 INR. According to the forecasts, the company’s earnings and revenue are expected to increase by 32,6 per cent and 6,4 per cent respectively in the near future. The company’s return on equity is expected to be 31 per cent in the next three years, and the company’s EPS is expected to grow by 32,5 per cent per year.
Tech Mahindra Share Price Target 2024
Months
Target Prices
January
1355.38
February
1377.93
March
1355.58
April
1344.22
May
1416.51
June
1601.11
July
1601.14
August
1601.06
September
1600.99
October
1601.02
November
1601.28
December
1601.22
Tech Mahindra Share Price Target 2025
Months
Target Prices
January
1703.69
February
1726.27
March
1703.53
April
1692.31
May
1692.36
June
1692.35
July
1692.49
August
1692.3
September
1692.23
October
1692.01
November
1692.05
December
1691.96
Tech Mahindra Share Price Target 2026
Months
Target Prices
January
1834.96
February
1857.61
March
1834.99
April
1823.5
May
1823.42
June
1823.46
July
1823.63
August
1823.67
September
1823.69
October
1823.6
November
1823.79
December
1823.6
Tech Mahindra Share Price Target 2027
Months
Target Prices
January
1973.21
February
1995.56
March
1973.05
April
1961.65
May
1961.51
June
1961.32
July
1961.34
August
1961.23
September
1961.06
October
1961.27
November
1961.13
December
1961
Tech Mahindra Share Price Target 2028
Months
Target Prices
January
2118.1
February
2140.48
March
2117.86
April
2106.5
May
2106.29
June
2106.1
July
2106
August
2106.11
September
2106.09
October
2106.17
November
2106.22
December
2106.31
Tech Mahindra Share Price Target 2029
Months
Target Prices
January
2269.9
February
2292.42
March
2269.76
April
2258.44
May
2258.45
June
2258.33
July
2258.22
August
2258.35
September
2258.3
October
2258.29
November
2258.29
December
2258.15
Tech Mahindra Share Price Target 2030
Months
Target Prices
January
2429.65
February
2452.41
March
2429.87
April
2418.68
May
2418.68
June
2418.46
July
2418.37
August
2418.33
September
2418.48
October
2418.51
November
2418.57
December
2418.53
Tech Mahindra ltd Financials:-
Market Capitalization value
123330 crores
Enterprise Value
106138.14 crores
Book Value
254.79 crores
Total Share Capital
487.10 crores
Long Term Provisions
609 crores
Short Term Provisions
350.90 crores
Long Term Investments
10822.60 crores
Short Term Investments
2942.70 crores
Total Inventories
1203.80 crores
Trade Payables
4107.20 crores
Trade Receivables
10351.60 crores
Total Assets
36035.20 crores
Total Contingent liabilities
10596.70 crores
Total Revenue
43785.60 crores
Total Expenses
38881.50 crores
Equity Share Dividend
4670.50 crores
EPS
38.69
ROE
15.21 percent
ROCE
19.23 percent
Return on Assets
10.48 percent
Dividend Payout ratio
123.63 percent
Earnings yield ratio
0.04 percent
Debt to Equity ratio
0.48 percent
Price to earnings ratio
43.79 percent
Earnings retention ratio
11.76 percent
Tech Mahindra ltd Shareholding Pattern:-
Shareholders
Share Percentage
Promoters
35.11 percent
Foreign Institutions
24.48 percent
Other Domestic Institution
14.78 percent
Mutual Funds
14.24 percent
Retail and others
11.30 percent
Tech Mahindra ltd Competitors:-
IBM
Wipro
Zensar
Deloitte
Oracle
Points to be considered before investing in Tech Mahindra ltd:-
Review the company’s financial statements and expense ratios and monitor the company’s performance. Only invest a portion of the total amount. Understand all the risks and keep them in mind before and after the investment. Review all the funds of the company that are available for investment. Only invest in the fund that suits you best. Prioritize the right amount of investment. Don’t get influenced and choose loans for investment. Understand the tax implications ratio to apply on shares and monitor trends from previous years.
Conclusion:-
Tech Mahindra Ltd is one of the listed companies on the stock exchanges. The company’s performance on the stock exchanges is evaluated and the company has a very good position on the stock exchange. The company’s shares are increasing day by day due to the increasing demand for the company’s shares. There are several reasons why the company’s shares are going up. First, the company’s dividend policy is beneficial for the shareholders. Secondly, the company’s risk factors are moderately low. Thirdly, Tech Mahindra is one of the trusted companies in India due to the fact that it provides all services and focuses on customer satisfaction, which ultimately builds the trust of the customers. Fourthly, the company is among the oldest companies, so the trust and reputation of the company is positive.In addition to all these, the company’s profit is growing as the financial years pass by according to other forecasts. There are chances of increasing the company’s earnings and revenue, which will lead to an increase in the company’s profits. A large part of the company’s profits is made from stock exchanges, making it a profitable company. The company is incorporated for a long time, so a good portion of profit is being made by the company. This contributes to the quality of products and services offered by the company to its customers.
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