Tech Mahindra Limited

TECHM

INE669C01036

IT Services & Consulting

Market Closed - NSE India S.E. Other stock markets 07:40:31 2024-04-24 am EDT			5-day change	1st Jan Change
1,186 ^INR	-1.21%		-0.84%	-6.83%

Apr. 06	CEO of India's Wipro resigns, to be replaced by veteran insider	RE
Apr. 02	Nomura Adjusts Tech Mahindra’s Price Target to INR1,460 From INR1,470, Keeps at Buy	MT

Tech Mahindra Limited acquired We Make Websites Ltd for ?9.4 million.

October 24, 2021

Tech Mahindra Limited (NSEI:TECHM) acquired We Make Websites Ltd for ?9.4 million on October 25, 2021. We Make Websites ltd has ?4.6 revenue in CY 2020. Tech Mahindra Limited (NSEI:TECHM) completed the acquisition of We Make Websites Ltd on October 25, 2021.

Latest news about Tech Mahindra Limited

CEO of India's Wipro resigns, to be replaced by veteran insider	Apr. 06	RE
Nomura Adjusts Tech Mahindra’s Price Target to INR1,460 From INR1,470, Keeps at Buy	Apr. 02	MT
Tech Mahindra Limited Announces Resignation of Jagdish Mitra as Head of India Business, Effective April 19, 2024	Mar. 29	CI
Indian Equities Close with Modest Gains Ahead of US Fed's Monetary Policy Decision	Mar. 20	MT
Sprinklr Partners With Tech Mahindra to Create Customer Experience Management Platform	Mar. 15	MT
Tech Mahindra and Sprinklr Partner to Deliver Ai-First Customer Experience Platform for Global Enterprise Front-Office Teams	Mar. 14	CI
India's 'insourcing' boom does not spell doom for outsourcing, tech execs say	Feb. 27	RE
Tech Mahindra Buys Orchid Cybertech Services for AU$5 Million	Feb. 19	MT
India's tech sector growth rate seen halving to 3.8% in FY24 - Nasscom	Feb. 16	RE
Indian Equities Close Higher Midweek, Led by Banking, IT Stocks	Feb. 14	MT
INDIA STOCKS-IT, financials lead losses in Indian shares as hot US inflation spurs rate cut worries	Feb. 13	RE
Exclusive-India's LTIMindtree grooms two insiders for CEO job, sources say	Feb. 13	RE
Indian Equities Settle Flat Midweek Ahead of Central Bank Decision	Feb. 07	MT
Indian financial markets closed on Jan 26	Jan. 25	RE
Selling in IT, Banking Stocks Drag Indian Equities on Thursday	Jan. 25	MT
Jefferies Adjusts Tech Mahindra’s Price Target to INR1,080 From INR1,100, Keeps at Underperform	Jan. 25	MT
INDIA STOCKS-Indian shares fall as IT stocks join the slide in financials	Jan. 25	RE
Tech Mahindra Posts Sharp Fall in Fiscal in Q3 Consolidated Net Profit	Jan. 25	MT
India's Tech Mahindra falls on quarterly profit miss	Jan. 24	RE
Indian shares set for flat open with key results in focus	Jan. 24	RE
Tech Mahindra Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023	Jan. 24	CI
Transcript : Tech Mahindra Limited, Q3 2024 Earnings Call, Jan 24, 2024	Jan. 24
India's Tech Mahindra misses Q3 profit estimates as communications vertical lags	Jan. 24	RE
INDIA STOCKS-Indian shares reverse course, tread higher as metals gain	Jan. 24	RE
Tech Mahindra Limited Announces Appointment of Rajashree R as Chief Growth Officer	Jan. 23	CI

Chart Tech Mahindra Limited

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Company Profile

Tech Mahindra Limited is one of India's leading IT service providers. Net sales break down by activity as follows: - IT services (89.9%): consulting and engineering services, software publishing, outsourcing, architectural development and deployment, management of application management, development of network infrastructures, data security, cloud computing, etc. ; - business process outsourcing services (10.1%). Net sales break down as follows: telecommunications (39.7%), manufacturing industries (16.4%), financial services (16.1%), technology, media and entertainment (9.4%), distribution, transport and logistics (7.6%) and other (10.8%). Net sales are distributed geographically as follows: India (6.8%), the Americas (47.5%), Europe (26%) and other (19.7%).

Sector

IT Services & Consulting

Calendar

2024-04-24 - Q4 2024 Earnings Release

Related indices

NIFTY 50 , NIFTY 100

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Income Statement Evolution

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Analysis / Opinion

Mohit Joshi, CEO, Tech Mahindra: Confident about the future of AI in India

January 10, 2024 at 06:38 am EST

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Ratings for Tech Mahindra Limited

Trading Rating

Investor Rating

ESG Refinitiv

B+

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

1,186 INR

Average target price

1,269 INR

Spread / Average Target

+7.06%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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