TechM ready for long term...TechM is going to retest its high of 1837 and if it breaks it , it will have expected target of 2650 in coming 1 or 2 years. Great time for investment, rounding bottom is completed.
Next report date
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Report period
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EPS estimate
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Revenue estimate
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37.05 INR
23.58 B INR
519.96 B INR
634.46 M
About TECH MAHINDRA LTD
Sector
Industry
CEO
Mohit Joshi
Website
Headquarters
Pune
Founded
2010
ISIN
INE669C01036
FIGI
BBG000CXKQ30
Tech Mahindra Ltd. operates as a holding company. It engages in the provision of information technology solutions. The firm operates through the Information Technology Services and Business Processing Outsourcing segments. It provides computer programming, consultancy and related services, networking technology solutions, and business support services to the global telecommunications industries. The company was founded on October 24, 1986 and is headquartered in Pune, India.
TECHM - Range Breakout!Reasons to enter trade
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1. Price consolidating in a range for more than 3 months
2. Price sustaining above the range.
3. Price gets rejected from below the support line & immediately starts trading above the range again, indicating strength
4. A small trendline breakout given, triggering
VIEW ON TECH MAHINDRAGood chart structure
Stock closed above its previous 3 days highs
Target 1720/1750
Stop loss 1665
I am just representing my views
For educational purpose only.
Long on TechMBased on multiple time frame, Weekly company still have Momentum where RSI > 60, whereas in daily chart it has been corrected, & RSI moving up.one can expect good short term movement. with Stop loss of 1590 & target of 25-30%
Medium term trading opportunity in Tech Mahindra for > 15% upsidHi,
NSE:TECHM has given a Bullish Flag Breakout on Weekly charts with very good volume.
MACD is also on the bullish side on Weekly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames.
In the current market scenario, I am expecting that the bullish momentum will
VIEW ON TECHMAHINDRAGood chart structure
After range breakout in previous week stock again retested its upper level
If it crosses yesterday's high more up move possible
Target 1785/1820
Stop loss 1710
I am just representing my views
For educational purpose only.
TechM--Breakout and retest
--dravas box
Disclaimer:
- The view expressed here is my personal view
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon
Tech Mahindra looks good to me with good Risk RewardTech Mahindra looks good to me with good risk reward ratio, one can take pantar with such a small stop loss.
SL: 1577
SL Percentage: 3.15%
TECH MAHINDRA There is two scenario possible to go higher high. we need to wait fill the volume imbalance then, we will go for as per scenario
Tech Mahindra Ltd view for Intraday 3rd October #TECHMTech Mahindra Ltd view for Intraday 3rd October #TECHM
Buying may witness above 1644
Support area 1620. Below ignoring buying momentum for intraday
Selling may witness below 1599
Resistance area 1620
Above ignoring selling momentum for intraday
Charts for Educational purposes only.
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An aggregate view of professional's ratings.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of TECHM is 1,799.90 INR — it has decreased by −0.47% in the past 24 hours. Watch TECH MAHINDRA LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange TECH MAHINDRA LTD stocks are traded under the ticker TECHM.
TECHM stock has fallen by −0.88% compared to the previous week, the month change is a 6.02% rise, over the last year TECH MAHINDRA LTD has showed a 45.74% increase.
We've gathered analysts' opinions on TECH MAHINDRA LTD future price: according to them, TECHM price has a max estimate of 2,472.00 INR and a min estimate of 1,050.00 INR. Watch TECHM chart and read a more detailed TECH MAHINDRA LTD stock forecast: see what analysts think of TECH MAHINDRA LTD and suggest that you do with its stocks.
TECHM reached its all-time high on Dec 30, 2021 with the price of 1,838.00 INR, and its all-time low was 51.25 INR and was reached on Jan 23, 2009. View more price dynamics on TECHM chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
TECHM stock is 2.36% volatile and has beta coefficient of 0.93. Track TECH MAHINDRA LTD stock price on the chart and check out the list of the most volatile stocks — is TECH MAHINDRA LTD there?
Today TECH MAHINDRA LTD has the market capitalization of 1.72 T, it has decreased by −1.43% over the last week.
Yes, you can track TECH MAHINDRA LTD financials in yearly and quarterly reports right on TradingView.
TECH MAHINDRA LTD is going to release the next earnings report on Feb 3, 2025. Keep track of upcoming events with our Earnings Calendar.
TECHM earnings for the last quarter are 14.10 INR per share, whereas the estimation was 11.06 INR resulting in a 27.52% surprise. The estimated earnings for the next quarter are 12.26 INR per share. See more details about TECH MAHINDRA LTD earnings.
TECH MAHINDRA LTD revenue for the last quarter amounts to 133.13 B INR, despite the estimated figure of 132.02 B INR. In the next quarter, revenue is expected to reach 134.92 B INR.
TECHM net income for the last quarter is 12.50 B INR, while the quarter before that showed 8.52 B INR of net income which accounts for 46.81% change. Track more TECH MAHINDRA LTD financial stats to get the full picture.
TECH MAHINDRA LTD dividend yield was 3.20% in 2023, and payout ratio reached 150.02%. The year before the numbers were 2.90% and 58.43% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Dec 13, 2024, the company has 145.46 K employees. See our rating of the largest employees — is TECH MAHINDRA LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. TECH MAHINDRA LTD EBITDA is 58.69 B INR, and current EBITDA margin is 9.78%. See more stats in TECH MAHINDRA LTD financial statements.
Like other stocks, TECHM shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade TECH MAHINDRA LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So TECH MAHINDRA LTD technincal analysis shows the strong buy rating today, and its 1 week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating TECH MAHINDRA LTD stock shows the strong buy signal. See more of TECH MAHINDRA LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.