Current price is more than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Tech Mahindra chief says the company keen to work with AP govt in skill development

Heads of Tech Mahindra, Dassault Systemes meet AP CM in Davos

Among large-caps, the brokerage has recommended TCS, Infosys, HCL Technologies, Wipro, Tech Mahindra

Top picks: ICICI Securities recommends these IT stocks to buy

“Price declines have made valuations quite reasonable. I am of the camp that not much downside (max 5-7%) is left in the short to medium term for large-cap stocks,” says Arun Malhotra, Founding Partner & Portfolio Manager, CapGrow Capital Advisors.

Maximum downside for largecaps could be 5-7%; Infosys, Tech Mahindra top buys: Arun Malhotra

Meanwhile, IT stocks dominated the worst-performing list, with Tech Mahindra and Wipro dropping nearly 20 per cent apiece

At 2022 lows: Auto stocks pick up speed, tech on collision course

From the Sensex firms, Wipro, HCL Technologies, Infosys, TCS, Tech Mahindra, Tata Steel, IndusInd Bank and Kotak Mahindra Bank were the major laggards.

Investors lost over ₹6.71 lakh crore today as markets crashed

Wipro emerged as the biggest laggard in the Sensex pack with a fall of 6.21 per cent, followed by HCL Tech, Infosys, TCS, Tech Mahindra, Tata Steel, IndusInd Bank and Kotak Mahindra Bank

Market Roundup: Sensex plummets over 1,400 points, Nifty slides to 15,809; all sectors end in red

Tech Mahindra, Bajaj Finserv, Infosys, Wipro, Tata Steel, HCL Technologies, Bajaj Finance and State Bank of India were the major laggards in early trade

Sensex crashes over 1000 pts amid weak global cues; IT stocks drag, ITC shines

From the Sensex firms, HCL Technologies, Wipro, Infosys, TCS, Tech Mahindra, Tata Steel, IndusInd Bank and Kotak Mahindra Bank were the major laggards.

Sensex crashes over 1,400 points to end at 52,792; Nifty closes below 16,000

The deterioration of the US corporate sector profitability would lead to tighter IT spending

Nifty IT index slips 5%; Infosys, Tech Mahindra, LTTS, Wipro down over 5%

Geojit recommended is bullish on Tech Mahindra has recommended buy rating on the stock with a target price of Rs 1372 in its research report dated May 18, 2022.

Buy Tech Mahindra; target of Rs 1372: Geojit

Tech Mahindra scales up its partnership with Pegasystems

Tech Mahindra Limited is engaged in the business of computer programming, consultancy and related services. It's segments include Information Technology (IT) Services and Business Processing Outsourcing (BPO).

Tech Mahindra Ltd

Tech Mahindra Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Heads of Tech Mahindra, Dassault Systemes meet AP CM in Davos

Top picks: ICICI Securities recommends these IT stocks to buy

Maximum downside for largecaps could be 5-7%; Infosys, Tech Mahindra top buys: Arun Malhotra

At 2022 lows: Auto stocks pick up speed, tech on collision course

Investors lost over ₹6.71 lakh crore today as markets crashed

Market Roundup: Sensex plummets over 1,400 points, Nifty slides to 15,809; all sectors end in red

Sensex crashes over 1000 pts amid weak global cues; IT stocks drag, ITC shines

Sensex crashes over 1,400 points to end at 52,792; Nifty closes below 16,000

Nifty IT index slips 5%; Infosys, Tech Mahindra, LTTS, Wipro down over 5%

Buy Tech Mahindra; target of Rs 1372: Geojit

Tech Mahindra Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Heads of Tech Mahindra, Dassault Systemes meet AP CM in Davos

Top picks: ICICI Securities recommends these IT stocks to buy

Maximum downside for largecaps could be 5-7%; Infosys, Tech Mahindra top buys: Arun Malhotra

At 2022 lows: Auto stocks pick up speed, tech on collision course

Investors lost over ₹6.71 lakh crore today as markets crashed

Market Roundup: Sensex plummets over 1,400 points, Nifty slides to 15,809; all sectors end in red

Sensex crashes over 1000 pts amid weak global cues; IT stocks drag, ITC shines

Sensex crashes over 1,400 points to end at 52,792; Nifty closes below 16,000

Nifty IT index slips 5%; Infosys, Tech Mahindra, LTTS, Wipro down over 5%

Buy Tech Mahindra; target of Rs 1372: Geojit

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock