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If you’re looking for a stock to buy, you might want to consider Tech Mahindra. The current stock price is very reasonable, and analysts are saying that it’s a good investment.
What is the current stock price of Tech Mahindra
When it comes to finding the current stock price of Tech Mahindra, there are a few things that you need to take into account. First and foremost, you need to make sure that you have an up-to-date stock market ticker. Secondly, you also need to be aware of the current market conditions. With these two factors in mind, let’s take a look at the current stock price of Tech Mahindra.
As of right now, the stock price of Tech Mahindra is Rs. 574.95. This is down from the previous day’s close of Rs. 579.65. However, it is still up from the 52 week low of Rs. 462.05. When you consider the current market conditions, this is still a pretty good price for the stock.
Of course, if you’re looking to invest in Tech Mahindra, you need to keep an eye on the stock price. After all, it could go up or down at any time. However, if you’re patient and wait for the right time to buy, you could see some nice profits down the line.
What was the closing stock price of Tech Mahindra yesterday
The closing stock price of Tech Mahindra yesterday was Rs. 749.40. This is a good price for the stock, and investors should consider buying it. The company has strong fundamentals, and its recent performance has been impressive. The stock is currently trading at a discount to its intrinsic value, making it a good investment opportunity.
What is the 52-week high stock price for Tech Mahindra
The 52-week high stock price for Tech Mahindra is Rs. 1,294.95 as of September 2020. This means that the stock has risen by nearly 13% over the past year. The company has been on an upward trend since the beginning of 2020, with its stock prices more than doubling since then. The main reason for this surge in stock price is the strong performance of the company in recent quarters. Its revenue and profit have grown at a healthy pace, thanks to robust demand for its services from both domestic and international clients. The company’s strong financials and prospects have resulted in a large number of analysts upgrading their rating on the stock, which has further boosted investor confidence.
What is the 52-week low stock price for Tech Mahindra
The 52-week low stock price for Tech Mahindra is Rs.583.90 on the BSE.
How has the stock price of Tech Mahindra performed over the last year
The stock price of Tech Mahindra has performed well over the last year. The company has seen strong growth in its revenue and profit, which has led to an increase in the stock price. The company’s share price has more than doubled in the last year, and it is now one of the most valuable companies in India. Tech Mahindra is a leading provider of IT services and solutions, and its strong performance is indicative of the growing demand for these services. The company is well-positioned to continue its strong growth in the coming years.
What analysts are saying about the stock price of Tech Mahindra
The recent stock price of Tech Mahindra has been a hot topic among analysts. Many are bullish on the stock, citing the company’s strong fundamentals and growth prospects. They believe that the recent sell-off is a great opportunity to buy into the stock.
Others are more cautious, saying that the current valuation is not sustainable and that the stock is due for a correction. They advise investors to wait for a better entry point before buying.
Whatever your opinion may be, it’s important to stay up-to-date on what analysts are saying about Tech Mahindra. In this blog post, we’ll take a look at some of the latest analyst commentary on the stock.
What news stories are affecting the stock price of Tech Mahindra
The past year has been a roller coaster for Tech Mahindra stockholders. The company’s share price has been affected by a variety of news stories, both good and bad.
On the positive side, Tech Mahindra was recently named one of the “World’s Most Ethical Companies” by the Ethisphere Institute. This honor is bestowed upon companies that display a commitment to ethical business practices. It is a prestigious award, and being included on the list is sure to give the company’s stock price a boost.
On the negative side, Tech Mahindra has been embroiled in a number of controversies lately. The company has been accused of using forced labor in its supply chain, and it has also been criticized for its role in the recent Jio-Reliance deal. These stories have caused the stock price to drop, but it remains to be seen how long-term these effects will be.
Overall, it has been a volatile year for Tech Mahindra stockholders. The company’s share price has been affected by a variety of news stories, both good and bad. However, the long-term outlook for the company remains positive, and investors are sure to keep a close eye on Tech Mahindra in the coming months.
How many shares of Tech Mahindra are traded daily
According to BSE, an average of 14,206,153 Tech Mahindra shares were traded each day in the month of October 2018.
This number has been steadily increasing since January 2017, when the daily average was only 6,764,377 shares.
The increase in trading volume is likely due to the growing popularity of the company’s products and services.
Tech Mahindra is a leading provider of information technology (IT) services and solutions. The company offers a wide range of services, including software development, network management, and business process outsourcing.
The company has a strong presence in India and other emerging markets, such as China and Brazil. In recent years, Tech Mahindra has made significant investments in developed markets, such as the United States and Europe.
The company’s shares are listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) in India. They are also traded on the New York Stock Exchange (NYSE).
What is the market capitalization of Tech Mahindra
The market capitalization of Tech Mahindra is Rs. 1,09,648 crore.
Is now a good time to buy shares of Tech Mahindra
As India’s fifth-largest IT services company, Tech Mahindra is a major player in the global outsourcing market. The company has been growing at a rapid pace, with revenues expanding by 18% in the last fiscal year. With a strong client base and a skilled workforce, Tech Mahindra is well-positioned to continue its growth trajectory. The stock is currently trading at a P/E ratio of 20, which is below its five-year average of 25. Given the company’s solid fundamentals and attractive valuation, now may be a good time to buy shares of Tech Mahindra.