NSE: TECHM Share Price Financial Analysis & Valuation

Tech Mahindra Ltd. is a most liquid value blue chip company and also listed in TOP 20 Valuation Picks of NSE. TECHM is having low PE (Price to Earning), low PB (Price to Book) and high DY (Dividend Yield).

Tech Mahindra Ltd. is a Good Quality Stock as it is listed in as TOP 50 Quality Picks by NSE. TECHM is having very good return on equity (ROE), financial leverage (Debt/Equity Ratio) and earning (EPS) growth variability analysed during the previous 5 years.

Tech Mahindra Ltd. is also traded in Future & Options (Derivative segment of NSE).

Tech Mahindra Ltd. is a high yielding company listed on NSE while meeting growth and stability requirements. TECHM is also listed in Top 50 NIFTY Dividend Opportunities Company List.

In the past 1 year, Tech Mahindra Ltd. has declared an equity dividend of Rs 40 per share. At the current share price of TECHM at Rs 1250.45, this results in a dividend yield of 3.2 %.

As per the Fundamental Analysis of NSE:TECHM, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine TECHM underlying value and future prospects. All of this data is available in TECHM financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:TECHM, it is clearly understood that TECHM is Economical performer in terms of earnings and profit margins with an EPS of 21.79. NSE:TECHM book value per share as of today is 254.13. The current price to book ratio for TECHM as of May 03, 2024 is 4.92.

Valuation of the Stock: The current valuation of TECHM stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of TECHM whether to BUY this stock at current valuation. The delivery percentage of TECHM is 46.13% is very crucial parameter which shows that 46.13% investors are anticipating that the price of TECHM share should go up with VWAP at 1253.66.

Now, the main question is whether to BUY or SELL, NSE:TECHM at current valuation.
As per latest Analysis No. #2485:-

⇑ STRONG BUY TECHM if All Greens

⇗ BUY TECHM (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD TECHM (With Stop Loss) if only 1 Green

⇘ SELL TECHM if NO Green Indicator

NSE: TECHM Share Price Today (May 03, 2024)

(Tech Mahindra Ltd. Daily Analysis on the basis of TECHM Intraday Graph & Trend)

Tech Mahindra Ltd. share price moved Down by -1.30% from its previous close of Rs 1266.9. TECHM stock last traded price is 1250.45. TECHM share price trend is Down with a total of 2322455 stocks traded till now. It has touched an intraday high of Rs 1272.00 and an intraday low of Rs 1243.05. The TECHM trading at 1250.45, Down by Rs. -16.45, or -1.30 percent which suggests that most of the Traders are anticipating that the price of TECHM share should go Down.

NSE: TECHM Share Price Tomorrow Prediction

(Tech Mahindra Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of TECHM)

Tech Mahindra Ltd. share price moved Down by -1.30%. TECHM share price short term trend is Down. It suggests that TECHM Share Price for Tomorrow remains the same with VWAP at 1253.66 will be treated as stop loss for intraday traders. Tech Mahindra Ltd. Long term investors can follow the TECHM long term trend as mentiond in future forecast table.

NSE:TECHM News & Other Useful Information about TECHM Share Price

Peer Comparison of NSE: TECHM

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Computers - Software