TECH MAHINDRA (India) Stock Today

TECHM -  India Stock  

INR 1,080  13.40  1.26%

TECH MAHINDRA is selling for 1080.25 as of the 21st of June 2021. This is a 1.26% increase since the beginning of the trading day. The stock's open price was 1066.85. TECH MAHINDRA has a very small chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for TECH MAHINDRA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of March 2021 and ending today, the 21st of June 2021. Click here to learn more.
 Market Performance
5 of 100
  Odds Of Distress
Less than 1
Follow Valuation Odds of Bankruptcy
Check how we calculate scores

TECH MAHINDRA Stock Profile

Tech Mahindra Limited provides information technology services and solutions in the Americas, Europe, India, and internationally. Tech Mahindra Limited has strategic partnerships with Openet, ChampTrax, Lucideus, and eNate Limited. TECH MAHINDRA operates under Information Technology Services classification in India and is traded on National Stock Exchange of India. It employs 121054 people. more on TECH MAHINDRA
TECH MAHINDRA is unlikely to experience financial distress in the next 2 years
About 37.0% of the company outstanding shares are owned by corporate insiders
Legal NameTECH MAHINDRA
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of TECH MAHINDRA's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
TECH MAHINDRA (TECHM) is traded on National Stock Exchange of India in India and employs 121,054 people. The company currently falls under 'Mega-Cap' category with current market capitalization of 1040 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate TECH MAHINDRA's market, we take the total number of its shares issued and multiply it by TECH MAHINDRA's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. TECH MAHINDRA operates under Technology sector and is part of Information Technology Services industry. The entity has 968.48 M outstanding shares. TECH MAHINDRA has accumulated about 158.25 B in cash with 80.94 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 181.02.
Check TECH MAHINDRA Probability Of Bankruptcy
Ownership
TECH MAHINDRA secures a total of nine hundred sixty-eight million four hundred eighty thousand outstanding shares. TECH MAHINDRA shows substantial amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how much assets the company retains, if the real value of the company is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check TECHM Ownership Details

TECHM Stock Price Odds Analysis

What are TECH MAHINDRA's target price odds to finish over the current price? Proceeding from a normal probability distribution, the odds of TECH MAHINDRA jumping above the current price in 90 days from now is about 1.27%. The TECH MAHINDRA probability density function shows the probability of TECH MAHINDRA stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon TECH MAHINDRA has a beta of -0.3334. This usually implies as returns on benchmark increase, returns on holding TECH MAHINDRA are expected to decrease at a much lower rate. During the bear market, however, TECH MAHINDRA is likely to outperform the market. Additionally, the company has an alpha of 0.1131, implying that it can generate a 0.11 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 1080.25HorizonTargetOdds Up 1080.25 
98.70%90 days
 1,080 
1.27%
Based on a normal probability distribution, the odds of TECH MAHINDRA to move above the current price in 90 days from now is about 1.27 (This TECH MAHINDRA probability density function shows the probability of TECHM stock to fall within a particular range of prices over 90 days) .

TECH MAHINDRA Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. TECH MAHINDRA market risk premium is the additional return an investor will receive from holding TECH MAHINDRA long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in TECH MAHINDRA. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although TECH MAHINDRA's alpha and beta are two of the key measurements used to evaluate TECH MAHINDRA's performance over the market, the standard measures of volatility play an important role as well.

TECHM Stock Against Markets

Picking the right benchmark for TECH MAHINDRA stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in TECH MAHINDRA stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for TECH MAHINDRA is critical whether you are bullish or bearish towards TECH MAHINDRA at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in TECH MAHINDRA without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Headlines Timeline

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TECH MAHINDRA Corporate Executives

Elected by the shareholders, the TECH MAHINDRA's board of directors comprises two types of representatives: TECH MAHINDRA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of TECHM. The board's role is to monitor TECH MAHINDRA's management team and ensure that shareholders' interests are well served. TECH MAHINDRA's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, TECH MAHINDRA's outside directors are responsible for providing unbiased perspectives on the board's policies.
Atul Kunwar - Pres and CTOProfile
Additionally, take a look at World Market Map. Note that the TECH MAHINDRA information on this page should be used as a complementary analysis to other TECH MAHINDRA's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Other Tools for TECHM stock

When running TECH MAHINDRA price analysis, check to measure TECH MAHINDRA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TECH MAHINDRA is operating at the current time. Most of TECH MAHINDRA's value examination focuses on studying past and present price action to predict the probability of TECH MAHINDRA's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move TECH MAHINDRA's price. Additionally, you may evaluate how the addition of TECH MAHINDRA to your portfolios can decrease your overall portfolio volatility.
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