Tech Mahindra Share Price Target 2024, 2025, 2030, 2040, 2050
Tech Mahindra Ltd is an Indian company that provides IT services and consulting. It is part of the Mahindra Group and its headquarters is in Pune, India. It helps businesses use new digital technologies like cloud computing and AI.
The company is known for its work in the telecom sector and often buys smaller companies to grow its services. It is one of the top IT companies in India.
What is Tech Mahindra Ltd NSE: TECHM?
Contents
- 1 What is Tech Mahindra Ltd NSE: TECHM?
- 2 Tech Mahindra Share Price Target Tomorrow
- 3 Tech Mahindra Share Price Target 2024
- 4 Tech Mahindra Share Price Target 2025
- 5 Share Price Target 2030
- 6 Share Price Target 2040
- 7 Share Price Target 2050
- 8 Should I Buy Tech Mahindra Stock?
- 9 Tech Mahindra Ltd Earning Results
- 10 Is Tech Mahindra Stock Good to Buy? (Bull case & Bear case)
- 11 Conclusion
- 12 FAQs
Tech Mahindra is a company that offers consulting and technology services around the world. It is an Indian company that provides digital transformation, consulting, and business improvement services. Tech Mahindra offers various services, such as telecom services, consulting, outsourcing of applications and infrastructure, engineering services and much more.
The company works with many industries, including technology, media, banking, finance, insurance, retail, communications, manufacturing, transport, and logistics.
Tech Mahindra’s stock might go up, but the trend is getting weak. Right now, the price is below a key level. If it stays below this, the stock could be drop soon. Tomorrow, the stock might move sideways, as there haven’t been any big trades recently to change its direction.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2024 | -27 | +34 |
It is one of the largest IT companies in India and has a very strong market value. After the pandemic, demand for IT services has increased, and Tech Mahindra is benefiting from this growth, like other IT companies. The management believes that as more people use technology, demand in the IT sector will grow even faster, which will help the company’s business. Looking at the company’s performance, its share price target would be ₹1940 in 2024.
The price target would be ₹1199 to ₹1940 in 2024.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2024 | 1199 | 1940 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 1199 | 1390 |
| February | 1241 | 1337 |
| March | 1213 | 1283 |
| April | 1141 | 1322 |
| May | 1201 | 1320 |
| June | 1171 | 1426 |
| July | 1398 | 1561 |
| August | 1426 | 1665 |
| September | 1524 | 1677 |
| October | 1600 | 1721 |
| November | 1680 | 1775 |
| December | 1691 | 1940 |
The company focuses on the communication sector, which brings in about 40% of its revenue. The company is working on new communication technologies, and this should help it grow because it has a strong market share in this area. It plans to partner with other companies in this sector to stay a leader. This will help the company to grow in the future. By 2025, its price share price target would be ₹2100.
In 2025, the price would be between ₹1740 to ₹2100.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2025 | 1740 | 2100 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 1740 | 1960 |
| February | 1751 | 1966 |
| March | 1757 | 1972 |
| April | 1764 | 1988 |
| May | 1780 | 2000 |
| June | 1794 | 2011 |
| July | 1800 | 2023 |
| August | 1809 | 2030 |
| September | 1820 | 2038 |
| October | 1844 | 2050 |
| November | 1854 | 2072 |
| December | 1867 | 2100 |
It provides top IT services, and its number of customers is growing fast around the world. The company now offers its services globally. It is working hard to expand its business by keeping up with new technologies. Because of this, its customer base is likely to grow even more in the future. The company aims to make every big company that needs IT services its customers in the coming years. In 2030, the price target would be ₹3800.
The price would be between ₹3411 to ₹3800 in 2030.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2030 | 3411 | 3800 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 3411 | 3510 |
| February | 3432 | 3531 |
| March | 3450 | 3540 |
| April | 3472 | 3563 |
| May | 3490 | 3570 |
| June | 3521 | 3607 |
| July | 3547 | 3632 |
| August | 3560 | 3653 |
| September | 3573 | 3670 |
| October | 3590 | 3720 |
| November | 3643 | 3750 |
| December | 3690 | 3800 |
The company is investing more money in Research & Development every year to keep up with new technologies. The company is working on future technologies like Data Analytics, 6G, AI, Cloud, Blockchain, and Cyber Security, which could bring big growth opportunities soon. As Tech Mahindra grows its business in these areas, it is expected to see faster growth. By staying updated with new technology, the company’s share price target would be ₹7800 as per expert expectations in 2040.
We can expect, the price would be between ₹7300 to ₹7800 in 2040.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2040 | 7300 | 7800 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 7300 | 7380 |
| February | 7334 | 7413 |
| March | 7360 | 7430 |
| April | 7397 | 7472 |
| May | 7420 | 7521 |
| June | 7450 | 7561 |
| July | 7476 | 7580 |
| August | 7510 | 7635 |
| September | 7546 | 7680 |
| October | 7573 | 7702 |
| November | 7610 | 7754 |
| December | 7643 | 7800 |
The company is working with many new startups and buying new companies to keep up with the latest technology. This is helping the company stay ahead and should lead to more success in the future. The company is part of Mahindra & Mahindra a well-known and trusted business group in India. It is expected to do well in the coming years. In 2050, its price target could be ₹15000.
By 2050, the price would be between ₹13500 to ₹15000 in 2050.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2050 | 13500 | 15000 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 13500 | 13625 |
| February | 13557 | 13670 |
| March | 13590 | 13688 |
| April | 13620 | 13710 |
| May | 13670 | 13750 |
| June | 13700 | 13810 |
| July | 13749 | 13860 |
| August | 13770 | 13900 |
| September | 13850 | 13970 |
| October | 14200 | 14335 |
| November | 14380 | 14525 |
| December | 14830 | 15000 |
Should I Buy Tech Mahindra Stock?
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2024 | 1199 | 1940 |
| 2025 | 1840 | 2100 |
| 2030 | 3411 | 3800 |
| 2040 | 7300 | 7800 |
| 2050 | 13500 | 15000 |
The company will offer many different IT services, which will give it a lot of chances to grow. The company is also expanding its services, which will help it in the future. The company is working on new ideas to keep up with new technology. Because of this, we can expect the company to grow well over time, and investors will likely make good money.
Tech Mahindra Ltd Earning Results
| Mcap Full (Cr.) | 1,56,895.48 |
| Turnover (Cr.) | 14.47 |
| TTQ (Lakh) | 0.90 |
| EPS (TTM) | 22.44 |
| CEPS (TTM) | 30.74 |
| PE/PB | 72.36 / 6.85 |
| ROE | 9.47 |
| Face Value | 5.00 |
| Tax | -197.50 |
| Equity | 489.00 |
| Revenue | 10,629.60 |
| Other Income | 123.40 |
| Total Income | 10,753.00 |
| Net Profit | 624.80 |
Is Tech Mahindra Stock Good to Buy? (Bull case & Bear case)
Bull Case:
- This company is a big player in the IT sector and has many services, which helps it attract more customers.
- The company is expanding into high-demand areas like digital transformation, 5G, and cloud computing, which can boost future growth.
- It invests in new technology and ideas to stay ahead of the competition.
- The company is working to cut costs and be more efficient, which can help increase profits.
- It has solid financial health with manageable debt.
Bear Case:
- A lot of its income comes from the US and Europe, which indicates that its profit also depends upon these countries’ demands.
- The IT sector is very competitive, and many companies offer similar services.
- Since the company earns a lot from other countries, changes in currency values could affect profits.
Conclusion
It is one of the best companies in the Indian IT sector, which gives it a big chance to grow. If you are a long-term investor, you should consider its shares because the company is likely to grow in the future. We have discussed it in this article and added a very important factor by which its growth depends. So you should read it before taking any decision.
