Tech Mahindra Share Price Target 2022, 2023, 2024, 2025, 2030

Tech Mahindra Share Price Target As part of the deal, Tech Mahindra agreed to acquire 100% of Target Group for £ 112 million. On May 27, 2016 Tech Mahindra announced that it had entered into an agreement to acquire the Target Group, a leading manufacturer of computing platforms in the UK.

The company reported a net income after tax of Rs 1,340.95 in the most recent quarter. The brokerage firm believes that Tech Mahindra offers an excellent range of services, together with several long-term contracts well distributed across the vertical, making it less dependent on any of the verticals.

Tech Mahindra Share Price Target 2022, 2023, 2024, 2025, 2030

Satyam Computer Services previously announced on April 13, 2009 that the company’s board of directors had selected Venturbay Consultants Private Limited as the best bidder to acquire a majority stake in the company, subject to approval by the company’s Legal Council.

After the IT company reported its quarterly growth of 26% year-on-year, Tech Mahindra rose more than 6% on the BSE to Rs 1,622 per share in the opening talks on Tuesday. The net amount in September was 1,338.7 rupees.

Ten million, and hope to keep track. According to the agreement, BASE is expanding its partnership with Tech Mahindra to create high-performance network operations, in which managed service partners are responsible for the network and IT.

According to the agreement, Tech Mahindra will sell Huawei’s corporate products and services in 44 countries, including India. On September 14, 2015, Tech Mahindra announced that it has joined the rapidly expanding Real-Time Innovation (RTI) Service Delivery Partner (SDP) program to help companies capitalize on the growing Industrial Internet of Things (IIoT) market.

The company also provides a comprehensive portfolio of services, including advising telecommunications equipment manufacturers and suppliers, IT infrastructure service providers and business process outsourcing service providers; and business solutions based on IT and IT.

The brokerage increased the value of the IT company’s shares from Hold to Buy, and also raised its target price to Rs 1,950 per share (from Rs 1,425 previously). These target values ​​and stock price forecasts are valid for the short, medium and long term. According to Graham’s internal equation, you should invest in stocks if the current stock price is undervalued.

The new target price is roughly in line with the last closing price at 11.563. As of November 19, 2021, the current price of the share of 532755 on Friday is $ 1,617,900 and our data shows that the asset’s price has been trending upward over the past year (or since its inception). Compared to 11,496, the current target price is 34 analysts on average.

This indicator helps the trader to predict the stock price and trade accordingly. You can buy this stock if the price hits the buy entry, or you can sell a short position if the price hits the sell entry. The company is expected to post earnings per share of 164.54 years next year, up from 150.64 last year. This target, forecast or equity forecast should be used for reference and educational purposes only.

The company reported a net income after tax of Rs 1,340.95 in the most recent quarter. Brokerage increased earnings per share in fiscal years 22-24 by 1.3-2.6%, taking into account second-quarter results and recently announced acquisitions.

Our analyst for Ai stocks suggests that this will happen in the future and that stocks can be useful for making money. It holds Buy with a revised target price for Sept.22 at INR 1,870, 25x EPS on Sept.23 (23x earlier), reflecting higher medium-term growth forecasts. , DII 16.9 percent. Consolidated quarterly result Comparison with the same period last year Net sales (including other operating income) of Tech Mahindra increased 16.11% to Rs 10,881.3 crore.

The stock trades at 18.3 / 15.7x FY22 / 23E (~ 30% of 1 year P / E forward multiple). In addition, the addition of 10 bank names to the customer segment will further increase revenue in the coming years. And we expect the company to do the same by challenging core digital transformation, wealth management, payments, loans and insurance. These forecasts are based on some of the most widely used technical and fundamental indicators; therefore, they are expected to make accurate predictions.

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