Tech Mahindra is an Indian multinational technology company that provides information technology services and consulting. It is a part of the Mahindra Group, a conglomerate based in India. Tech Mahindra offers a wide range of services, including application development and maintenance, system integration, infrastructure management, and business process outsourcing. In this Article we will discuss about Tech Mahindra Share Price Target 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030.
Table of Contents
Introduction
The company has a global presence and serves clients in various industries, including telecommunications, banking and financial services, healthcare, manufacturing, and retail. Tech Mahindra has expertise in emerging technologies such as artificial intelligence, cloud computing, blockchain, and Internet of Things (IoT).
Tech Mahindra is known for its focus on digital transformation and innovative solutions. It helps organizations leverage technology to improve efficiency, enhance customer experience, and drive business growth. The company has a strong emphasis on sustainability and corporate social responsibility, with initiatives aimed at environmental conservation, education, and community development.
Business Model of Tech Mahindra
Tech Mahindra operates under a business model that focuses on providing technology services and solutions to clients across various industries. Here are key aspects of Tech Mahindra’s business model:
- Services and Solutions: Tech Mahindra offers a wide range of services and solutions to cater to the diverse needs of its clients. This includes application development and maintenance, system integration, infrastructure management, consulting, digital transformation, and business process outsourcing.
- Industry Focus: Tech Mahindra serves clients in industries such as telecommunications, banking and financial services, healthcare, manufacturing, retail, and more. By understanding the specific requirements and challenges of each industry, Tech Mahindra tailors its solutions to address industry-specific needs effectively.
- Global Delivery Model: Tech Mahindra follows a global delivery model to provide cost-effective and efficient services to its clients worldwide. It has a strong presence in multiple countries and leverages a combination of onshore, offshore, and nearshore delivery centers to deliver projects effectively.
- Innovation and Emerging Technologies: Tech Mahindra places a strong emphasis on innovation and staying at the forefront of emerging technologies. It invests in research and development, collaborates with technology partners, and fosters a culture of innovation to develop cutting-edge solutions for its clients.
- Customer Centricity: Tech Mahindra is committed to delivering value to its customers. It focuses on understanding their unique business requirements, providing personalized solutions, and maintaining long-term relationships. Customer satisfaction and success are key drivers of Tech Mahindra’s business.
- Sustainability and Corporate Social Responsibility: Tech Mahindra integrates sustainability and corporate social responsibility into its business model. It aims to minimize its environmental impact, promote diversity and inclusion, support education and skill development initiatives, and contribute to the communities in which it operates.
- Partnerships and Alliances: Tech Mahindra collaborates with technology partners, academic institutions, and industry alliances to leverage their expertise and expand its capabilities. These partnerships help Tech Mahindra offer a comprehensive suite of services and stay ahead in the rapidly evolving technology landscape.
Shareholding of Tech Mahindra
| Shareholders Name | No. of Shares | %Shareholding |
| Total Share | 974147475 | 100% |
| Promoters | 342456428 | 35.15% |
| Foreign Institutions | 261763777 | 26.87% |
| Banks & Mutual Funds | 125937284 | 12.93% |
| Central Govt | 1647405 | 0.17% |
| Others | 27567408 | 2.83% |
| General Public | 88680649 | 9.1% |
| Financial Institutions | 125851620 | 12.92% |
Tech Mahindra Share
Tech Mahindra Share listed on the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE).
As of June 16, 2023, Tech Mahindra’s share price on the NSE was INR 1088.60/- Tech Mahindra Share 52 week high at Rs. 1165.75/- & 52 week low Rs.944.10/-. The P/E Ratio of Tech Mahindra is 19.73 & Dividend Yield is 2.97%.
| Company Name | Tech Mahindra |
| Share Name | TECHM |
| Sector | IT |
| Headquater | Pune |
| Foundation | 1986 |
| Key Person | C P Gurnani (MD & CEO) |
| Market Cap | 1,05,11.101 Crores Rs. |
| Revenue | 43,785.14 Crore Rs |
| Official Website | Click Here |
Tech Mahindra Share Price Target 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2040, 2050
| Year | First Target | Second Target |
| 2023 | 1150 | 1280 |
| 2024 | 1330 | 1420 |
| 2025 | 1470 | 1550 |
| 2026 | 1600 | 1690 |
| 2027 | 1725 | 1810 |
| 2028 | 1850 | 1940 |
| 2029 | 2020 | 2130 |
| 2030 | 2160 | 2250 |
| 2040 | 6500 | 7400 |
| 2050 | 14800 | 15900 |
Note:- “That these share price targets for “Tech Mahindra Share” are only provided for the purpose of reference and that this prediction will only hold true in the event that there is optimism in the market. Any uncertainties regarding the company or the current state of the global market will not be addressed in this analysis.”
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Annual Result Summary of Tech Mahindra
here is a summary of Tech Mahindra’s annual results for year 2022-23:
- Consolidated net profit: Increased by 22.83% to ₹34,726.14 crore from ₹42,657.30 crore in the previous year.
- Consolidated revenue from operations: Decreased by 23.11% to ₹3777.50 crore from ₹4913.50 crore in the previous year
- Operating margin: Operating Margin of Company increase to 17.9%
- Net profit margin: Net Profit margin of Tech Mahindra is 12.6%
- EPS: EPS of company is INR 12.6
Last 5 Year Growth of Tech Mahindra Share
In Last 5 year Tech Mahindra Share give 56.12% returns to its Investors.
| Year | Share Price |
| June- 2019 | 665.51 |
| June- 2020 | 538.85 |
| June- 2021 | 1070.70 |
| June- 2022 | 965.05 |
| June- 2023 | 1079.00 |
Overall, Tech Mahindra share has seen a positive growth trend over the past 5 years. However, there have been some fluctuations in the growth rate, with the highest growth rate being in 2021.
Tech Mahindra Share Price Target 2023
Tech Mahindra provides information technology services and solutions to clients across industries, including telecommunications, manufacturing, banking and financial services, healthcare, and more.
Tech Mahindra share price target 2023 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2023 | ₹1150 | ₹1280 |
Tech Mahindra Share Price Target 2024
The company offers a wide range of services, including consulting, digital transformation, software development, system integration, infrastructure management, and business process outsourcing.
Tech Mahindra share price target 2024 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2024 | ₹1330 | ₹1420 |
Tech Mahindra Share Price Target 2025
Tech Mahindra has a global presence with offices and delivery centers in numerous countries, serving clients in over 90 countries worldwide.
Tech Mahindra share price target 2025 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2025 | ₹1470 | ₹1550 |
Tech Mahindra Share Price Target 2026
The company has a strong focus on innovation and research, driving advancements in emerging technologies such as artificial intelligence, machine learning, blockchain, Internet of Things (IoT), and cloud computing.
Tech Mahindra share price target 2026 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2026 | ₹1600 | ₹1690 |
Tech Mahindra Share Price Target 2027
Tech Mahindra has been recognized for its commitment to sustainability and corporate social responsibility initiatives, including environmental conservation, social welfare programs, and ethical business practices.
Tech Mahindra share price target 2027 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2027 | ₹1725 | ₹1810 |
Tech Mahindra Share Price Target 2028
Tech Mahindra has received several accolades and awards for its performance and contributions to the IT industry, including recognition as one of the World’s Most Admired Companies by Fortune magazine.
Tech Mahindra share price target 2028 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2028 | ₹1850 | ₹1940 |
Tech Mahindra Share Price Target 2029
The company has established strategic partnerships with leading technology providers, such as Microsoft, IBM, Cisco, and Oracle, to enhance its service offerings and deliver innovative solutions to clients.
Tech Mahindra share price target 2029 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2029 | ₹2020 | ₹2130 |
Tech Mahindra Share Price Target 2030
The company has been actively involved in the development of smart cities and has collaborated with governments and local authorities to implement digital solutions for urban infrastructure and services.
Tech Mahindra share price target 2030 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2030 | ₹2160 | ₹2250 |
Dividend History of Tech Mahindra Share
Here is a brief overview of Tech Mahindra’s dividend history over the past few years:
- In 2023, Company declared a final dividend of Rs. 32 per share.
- In 2022, Company declared a final dividend of Rs.0 per share.
- In 2021, Company declared a final dividend of Rs.18 per share.
- In 2020, Company declared a final dividend of Rs.15 per share.
Joint venture & Subsidiaries of Tech Mahindra
Tech Mahindra, as a prominent technology company, has established joint ventures and subsidiaries to expand its capabilities and market presence. Here are some notable joint ventures and subsidiaries of Tech Mahindra:
- Joint Ventures:
a. Mahindra Satyam: In 2009, Tech Mahindra acquired Satyam Computer Services, which was later rebranded as Mahindra Satyam. It operates as a joint venture between Tech Mahindra and Mahindra & Mahindra Ltd.
b. Tech Mahindra BPO: Tech Mahindra entered into a joint venture with British Telecommunications plc (BT) in 2006 to establish Tech Mahindra Business Process Services Limited (Tech Mahindra BPO). It offers business process outsourcing and back-office services.
c. Tech Mahindra-Huawei Joint Venture: This joint venture was formed in 2011 to market Huawei’s enterprise products and services across 44 countries, including India.
d. Tech Mahindra-ThoughtSpot Joint Venture: This joint venture was formed in 2021 to provide enterprise customers with AI-powered analytics solutions.
e. Tech Mahindra-DigitalOnUs Joint Venture: This joint venture was formed in 2021 to provide hybrid cloud and DevOps services to customers. - Subsidiaries:
a. Comviva Technologies Ltd: Tech Mahindra acquired a majority stake in Comviva Technologies Ltd, now known as Mahindra Comviva, in 2002. It provides mobility solutions, digital financial services, and value-added services to telecom operators, banks, and enterprises.
b. BIO Agency Ltd: Tech Mahindra acquired BIO Agency, a digital customer experience consultancy based in the United Kingdom, in 2016. It focuses on delivering digital transformation and customer-centric solutions.
c. Pininfarina S.p.A.: In 2015, Tech Mahindra acquired a controlling stake in Pininfarina, an Italian design and engineering company renowned for its automotive designs. Pininfarina operates as a subsidiary of Tech Mahindra, offering design services in various industries.
d. Sofgen Holdings Limited: Tech Mahindra acquired Sofgen Holdings, a banking solutions and services provider, in 2015. Sofgen operates as a subsidiary and strengthens Tech Mahindra’s capabilities in the banking and financial services sector.
e. Mphasis Limited: Tech Mahindra acquired a controlling stake in Mphasis, an IT services company, in 2016. Mphasis operates as a subsidiary and focuses on delivering application development, infrastructure services, and business process outsourcing.
f. BORN Group: Tech Mahindra acquired BORN Group, a global digital content and commerce solutions agency, in 2019. BORN Group operates as a subsidiary, providing digital transformation, creative, and e-commerce services.
Future Plan of Tech Mahindra
Tech Mahindra has a number of future plans, which are listed below:
- Focus on digital transformation: Tech Mahindra plans to focus on digital transformation, as it sees this as a major growth area in the future. The company plans to invest in new technologies, such as artificial intelligence, cloud computing, and blockchain, to help its customers transform their businesses.
- Expand its global reach: Tech Mahindra plans to expand its global reach, as it sees this as another major growth area. The company plans to open new offices in key markets, such as the United States, Europe, and Asia.
- Invest in new businesses: Tech Mahindra plans to invest in new businesses, such as cybersecurity and IoT. The company sees these as emerging areas with a lot of potential for growth.
- Upskill its workforce: Tech Mahindra plans to upskill its workforce to meet the demands of the future. The company plans to invest in training programs to help its employees learn new skills, such as artificial intelligence and cloud computing.
FAQs-
In year 2023, future target of tech mahindra share is Rs.1180/-
As per our analysis, Company annual results & future plan of this it company, Tech Mahindra Stock price surely go up.
Tech Mahindra stock is trading at a premium valuation. This means that you are paying more for the stock than its intrinsic value. However, the company’s growth prospects could justify the premium valuation. in last Tech Mahindra is a good buy now depends on your investment goals and risk tolerance.
Tech Mahindra is a good company with a strong track record of growth. Tech Mahindra is well-positioned to benefit from the growth of the IT industry and the increasing demand for digital transformation services. The company has a strong track record of growth and is investing in new technologies to stay ahead of the curve.
