Stock · TECHM · IT services
TECHM share price target 2026
Support, resistance, the F&O structure and the BazaarBaazi Crack Score for Tech Mahindra Limited, refreshed every end-of-day run. A systematic, data-only read on Tech Mahindra Limited: where it trades versus its 50-day and 200-day lines, the live 52-week range, and momentum. Refreshed from real price structure each run.
The verdict
BazaarBaazi reads TECHM as two-way with a Crack Score of 65/100 as of 9 Jun 2026.
BazaarBaaziSource & method
Price target: support and resistanceComputed 9 Jun 2026
Support and resistance for TECHM are read inside the latest show; no spot was printed in the most recent editorial note.
Levels are read inside the latest show. The most recent editorial reference is Systematic Read on 9 Jun 2026.
These are structural reference lines, not a SEBI-registered price target. BazaarBaazi is independent media; the levels frame how the desk reads the TECHM chart, refreshed every end-of-day run.
The Crack Score, and how it is built65 / 100 · Constructive
The Crack Score is a deterministic 0 to 100 conviction number. Here is exactly what moved it for TECHM, so the figure is a transparent signal rather than a vibe.
Base 50, adjusted by the factors above and clamped to 0 to 100. How the Crack Score works.
About Tech Mahindra LimitedBusiness profile
What TECHM actually does, and the edge that holds its position.
Tech Mahindra is India's fifth-largest IT services company by revenue, with a historically strong telecom vertical serving global carriers, equipment vendors, and network technology companies, alongside a growing enterprise segment in banking, healthcare, manufacturing, and retail. The company is a joint venture partner of British Telecom origin, and its telecom practice has been its flagship differentiator. Tech Mahindra also runs a business process services division and has been investing in AI, 5G network services, and digital engineering.
Tech Mahindra's telecom vertical depth, built over decades of serving global carriers on network OSS/BSS systems and 5G deployment, is a genuine moat in a segment that requires specialised domain knowledge most IT companies lack. The 5G rollout globally and the network virtualisation trend are natural growth vectors for this expertise.
The F&O viewHorizon · swing
How the futures and options structure on TECHM reads right now.
The futures and options read on TECHM leans to a two-way / range write. Strike-level positioning is read inside the latest show, against the printed spot. Single-stock F&O on TECHM is thinner than the index, so open-interest shifts read with more noise; the desk weights price structure over raw OI. This is a structural reading of positioning, not a derivatives trade recommendation.
Why it movedLatest editorial line
The most recent BazaarBaazi read on what is driving TECHM.
Systematic read: a disclosed, data-only model on real 1-year price structure.
Read in Systematic Read on 9 Jun 2026. Why TECHM moved, the living explainer, tracks every move on one URL.
The 2026 to 2030 pictureStructural read
What genuinely drives TECHM over a multi-year horizon. A structural read, not a price forecast.
The 2026 to 2030 horizon for Tech Mahindra is about whether the 5G-led telecom investment cycle translates into large deal wins in network services, and whether the enterprise segment can diversify the revenue mix away from a telecom vertical that has faced capex cuts from major carriers. The company's turnaround strategy under newer leadership is focused on improving utilisation, margin, and deal-win velocity. The key risk is that telecom carriers, facing their own revenue pressure, continue to constrain IT spend.
What to watch:
- Telecom vertical revenue and deal-TCV trends as 5G investment cycles evolve
- Enterprise segment growth in banking, healthcare, and manufacturing verticals
- Operating margin recovery and cost-structure improvement
- AI and 5G network services practice deal wins
- Large deal ramp-ups and their revenue contribution timeline
Peers and how to compare4 listed names
The listed names TECHM is most often read against. Compare them on the same Crack Score and levels.
Live valuation readQ4 FY26 earnings · live spot
P/E, P/B, yield and the quality set for Tech Mahindra Limited, computed from the latest filed results times the live spot. The price-driven ratios (marked) refresh every session; ROE and margins hold until the next results.
P / E ·
27.8x
Earnings yield ·
3.60%
P / B ·
4.50x
P / S ·
2.34x
EV / EBITDA ·
14.0x
Dividend yield ·
3.39%
Market cap ·
Rs 1.33 lakh cr
Enterprise value ·
Rs 1.27 lakh cr
Stored from Tech Mahindra Limited's filed results, as of 2026-06-09 and currency-checked. Open the calculator, move the price and watch every ratio react.
Latest filed resultsQ4 FY26
Tech Mahindra Limited's most recent quarter, parsed straight from the official NSE filing. Every figure links back to its primary source.
Result Pulse
83 / 100Revenue
Rs 15,076 crNet profit
Rs 1,356 crEPS (quarter)
Rs 15.27| Growth | YoY | QoQ |
|---|---|---|
| Revenue | +12.6% | +4.7% |
| Net profit | +18.8% | +21.3% |
| Net margin | +9.0% | |
Figures are the Q4 FY26 result for TECH MAHINDRA LIMITED, parsed straight from the official NSE integrated filing and verified to the paisa. The EPS shown is for the quarter, not a trailing-twelve-month figure, so it is not a P/E input.
What changed7 disclosures
Every recent official filing from Tech Mahindra Limited, straight from the exchange feed, with the BazaarBaazi Event Heat on the disclosure flow.
TECH MAHINDRA LIMITED has filed 7 official disclosures recently. The most recent is a Board meeting dated 22 Apr 2026.
Event Heat
57 / 100Board Meeting to be held on 22-Apr-2026 to consider and approve the Quarterly Audited Financial results of the Company for the period ended March 2026 and Other business
To consider and approve the financial results for the period ended March 31, 2026 and other business matters
Prior intimation of the Board Meeting for recommendation of Final Dividend for FY 2025-26
Board Meeting to be held on 16-Jan-2026 to consider and approve the Quarterly Audited Financial results of the Company for the period ended December 2025 and Other business
To consider and approve the financial results for the period ended December 31, 2025 and other business matters
Event Heat is a dated net read of TECH MAHINDRA LIMITED's last 90 days of official disclosures, balancing the constructive filings against the ones to watch. It is a signal from what the company has filed, not investment advice. Every line above links to its official exchange filing, and the full market desk is at the disclosures hub.
Key fundamentalsEditorial reference
The anchor data BazaarBaazi references when reading the TECHM chart. Not a substitute for a registered research note.
| Ticker | TECHM |
|---|---|
| Full name | Tech Mahindra Limited |
| Sector | IT services |
| Index class | LARGE CAP |
| ISIN | NSE-TECHM |
| Market-cap band | ~1.3 lakh cr |
| Last referenced level | Inside latest show |
| Last session move | Not referenced this cycle |
| Editorial line in | Systematic Read on 9 Jun 2026 |
| Aliases tracked | TECHM |
Reference chart25 Apr 2025
The daily frame the desk reads on TECHM.

FAQ13 reader questions · AEO-eligible
The line on TECHM, distilled and schema-marked for AI Overview, Perplexity, and reader search.
What is the TECHM share price target for 2026?
BazaarBaazi does not publish a SEBI-registered price target on TECHM. The desk reads structural support and resistance inside each show against the printed spot; the most recent editorial line is Systematic Read on 9 Jun 2026.
What is BazaarBaazi's Crack Score for TECHM?
The BazaarBaazi Crack Score for TECHM is 65 out of 100 as of 9 Jun 2026, a constructive reading. It is a computed conviction number from the signed stance, how consistent the recent verdicts have been, the quality of the printed structure, and how fresh the review is. It is a transparency signal, not investment advice.
What is the F&O view on TECHM?
As of 9 Jun 2026, BazaarBaazi reads TECHM positioning as a two-way range write. This is a structural reading of the option chain, not a derivatives recommendation.
What sector is TECHM in and which peers does BazaarBaazi track?
TECHM sits in IT services (large cap), indicative market cap ~1.3 lakh cr, ISIN NSE-TECHM. The peers BazaarBaazi reads alongside it are LTM Limited, Wipro Limited, HCL Technologies Limited. A systematic, data-only read on Tech Mahindra Limited: where it trades versus its 50-day and 200-day lines, the live 52-week range, and momentum. Refreshed from real price structure each run.
How often is the TECHM view updated?
This page is one evergreen URL refreshed in place. The Crack Score and levels re-compute on every BazaarBaazi end-of-day run, and the dated stamp shows the last refresh. The latest signed verdict on TECHM is mixed, published in Systematic Read on 9 Jun 2026.
Is Tech Mahindra a good long-term stock?
Tech Mahindra is the leading Indian IT company in the telecom vertical, positioned to benefit from global 5G network services demand. The long-term case also rests on enterprise diversification and margin recovery. BazaarBaazi publishes a Crack Score for current market positioning.
Tech Mahindra share price target 2030?
BazaarBaazi does not publish a fixed 2030 price target for TECHM. The drivers over that horizon are 5G deal flow, enterprise segment expansion, and margin trajectory. See the dated Crack Score on the BazaarBaazi TECHM page.
Why is Tech Mahindra share price falling?
TECHM corrects when telecom-sector IT spending weakens, when large-deal ramps are delayed, or when operating margins miss expectations during transformation investment phases. Broader IT sector de-ratings and deal cancellations in telecom also weigh on the stock. Check the current Crack Score on the BazaarBaazi page.
What was TECH MAHINDRA LIMITED's Q4 FY26 net profit?
TECH MAHINDRA LIMITED reported a net profit of Rs 1,356 cr for Q4 FY26 (the quarter ended 31 March 2026). That is +18.8% year on year. The figure is from the company's official NSE filing.
What was TECH MAHINDRA LIMITED's Q4 FY26 revenue?
TECH MAHINDRA LIMITED reported revenue of Rs 15,076 cr for Q4 FY26. That is +12.6% year on year. The figure is from the company's official NSE filing.
How does BazaarBaazi rate TECH MAHINDRA LIMITED's Q4 FY26 result?
BazaarBaazi gives TECH MAHINDRA LIMITED's Q4 FY26 result a Result Pulse of 83 out of 100, with a verdict of Profit acceleration. The Result Pulse is a BazaarBaazi editorial score for the quality of the filed result, not investment advice.
What has Tech Mahindra Ltd announced recently?
Tech Mahindra Ltd's two most material recent disclosures are a board meeting dated 22 Apr 2026, "Board Meeting to be held on 22-Apr-2026 to consider and…", and an earnings dated 31 Mar 2026. Both link to the company's own official filing on the BazaarBaazi stock page.
What did Tech Mahindra Ltd's latest board meeting cover?
Tech Mahindra Ltd's most recent board-meeting disclosure on record dated 22 Apr 2026 reads "Board Meeting to be held on 22-Apr-2026 to consider and approve the…". That is the agenda as filed with the exchange, linked from the BazaarBaazi stock page, and BazaarBaazi adds no claim of its own to it.
Related stock views
The names BazaarBaazi reads alongside TECHM, each a living view refreshed every end-of-day run.