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Tech Mahindra share worth: Purchase Tech Mahindra, goal worth Rs 1197: Sharekhan

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Sharekhan has purchase name on Tech Mahindra with a goal worth of Rs 1197. The present market worth of . is Rs 1138.8. Time interval given by analyst is Intra Day when Ltd. worth can attain outlined goal.

Tech Mahindra Ltd., included within the 12 months 1986, is a Massive Cap firm (having a market cap of Rs 110652.96 Crore) working in IT Software program sector.

Tech Mahindra Ltd. key Merchandise/Income Segments embody Software program Providers for the 12 months ending 31-Mar-2021.

Smart Talk


For the quarter ended 31-03-2022, the corporate reported a Consolidated Complete Revenue of Rs 12436.08 Crore, up 6.53 % from final quarter Complete Revenue of Rs 11673.90 Crore and up 27.39 % from final 12 months identical quarter Complete Revenue of Rs 9762.50 Crore. Firm reported internet revenue after tax of Rs 1545.24 Crore in newest quarter.


Funding Rationale
The inventory has fashioned a base above a falling trendline. Bullish outdoors bar formation on the every day chart.

Promoter/FII Holdings
Promoters held 35.26 per cent stake within the firm as of 31-Mar-2022, whereas FIIs owned 34.27 per cent, DIIs 18.06 per cent.

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