Company Profile

TECH MAHINDRA LTD.

NSE : TECHMBSE : 532755ISIN CODE : INE669C01036Industry : IT - Software House : Mahindra & Mahindra
BSE828.859.4 (+1.15 % )
PREV CLOSE (Rs.) 819.45
OPEN PRICE (Rs.) 824.40
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 108357
TODAY'S LOW / HIGH (Rs.)816.20 833.55
52 WK LOW / HIGH (Rs.)470.25 887.5
NSE828.65 9.4 (+1.15 % )
PREV CLOSE(Rs.) 819.25
OPEN PRICE (Rs.) 826.40
BID PRICE (QTY) 828.65 (3177 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 5479547
TODAY'S LOW / HIGH(Rs.) 816.00 833.75
52 WK LOW / HIGH (Rs.)471.4 887.55

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STOCK SUMMARY
Trade Value (Rs. in Lacs) 0.01
Dividend Yield(%) 1.81
TTM EPS (Rs.) 42.72
P/E Ratio 19.40
Book Value (Rs.) 247.05
Face Value (Rs.) 5
MCap (Rs. in Mn) 801467.57
Price/Earning (TTM) 16.67
Price/Sales (TTM) 2.69
Price/Book (MRQ) 3.36
PAT Margin (%) 15.52
ROCE (%) 23.79
Incorporation Year : 1986

Management Info :

Anand G Mahindra - Chairman C P Gurnani - Managing Director

Registered Office :

Address : Gateway Building,Apollo Bunder, ,
Mumbai,
Maharashtra-400001

Phone : 022-2202/1031

Registrar's Details : Link Intime India Pvt Ltd.
Block No 202, 2nd Floor,Akshay Complex, Near Ganesh Temple,Off Dhole Patil Road ,Pune
Listing : BSE, NSE, MCX
NEWS More
27Oct10-27-2020$Tech Mahindra trades higher on the bourses Tech Mahindra trades higher

Tech Mahindra is currently trading at Rs. 829.30, up by 9.85 points or 1.20% from its previous closing of Rs. 819.45 on the BSE.

The scrip opened at Rs. 824.40 and has touched a high and low of Rs. 833.55 and Rs. 816.20 respectively. So far 78219 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 887.50 on 08-Oct-2020 and a 52 week low of Rs. 470.25 on 23-Mar-2020.

Last one week high and low of the scrip stood at Rs. 857.40 and Rs. 813.95 respectively. The current market cap of the company is Rs. 79871.17 crore.

The promoters holding in the company stood at 35.82%, while Institutions and Non-Institutions held 52.36% and 11.82% respectively.

Tech Mahindra has reported a fall of 31.14% in its net profit at Rs 961.50 crore for the quarter ended September 30, 2020 as compared to Rs 1,396.30 crore for the same quarter in the previous year. Total income of the company decreased by 1.51% at Rs 7,561.40 crore for Q2FY21 as compared Rs 7,677.10 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 5.28% in its net profit attributed to owner at Rs 1,064.60 crore for the quarter ended September 30, 2020 as compared to Rs 1,123.90 crore for the same quarter in the previous year. However, total income of the company increased by 2.19% at Rs 9,489.30 crore for Q2FY21 as compared Rs 9,286.20 crore for the corresponding quarter previous year.

Tech Mahindra is currently trading at Rs. 829.30, up by 9.85 po..
26Oct10-26-2020$Tech Mahindra reports 5% fall in Q2 consolidated net profit Tech Mahindra reports 5% fal

Tech Mahindra has reported results for the second quarter ended September 30, 2020.

The company has reported a fall of 31.14% in its net profit at Rs 961.50 crore for the quarter under review as compared to Rs 1,396.30 crore for the same quarter in the previous year. Total income of the company decreased by 1.51% at Rs 7,561.40 crore for Q2FY21 as compared Rs 7,677.10 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 5.28% in its net profit attributed to owner at Rs 1,064.60 crore for the quarter under review as compared to Rs 1,123.90 crore for the same quarter in the previous year. However, total income of the company increased by 2.19% at Rs 9,489.30 crore for Q2FY21 as compared Rs 9,286.20 crore for the corresponding quarter previous year.

Tech Mahindra has reported results for the second quarter ended..
26Oct10-26-2020$Tata Motors, Tech Mahindra and JK Cement to see some action today Tata Motors, Tech Mahindra a

Tata Motors has bagged the prestigious order of 6413 vehicles from Andhra Pradesh State Civil Supplies Corporation. Tata Motors emerged as the top bidder, as per the terms and conditions of the government body, and will be delivering the fully-built Tata Ace Gold vehicles. The vehicles are to be used as mobile dispensing units for the doorstep delivery of supplies in the state of Andhra Pradesh, and will be customised by Tata Motors to perfectly suit the application. The Tata Ace Gold was chosen for its value-for-money, low cost of operations, durability and versatility. The e-bidding process was carried out through the Government e-Marketplace.

Tech Mahindra’s wholly owned subsidiary -- Tech Mahindra (Singapore) has agreed to acquire 100% stake in Momenton. Momenton is a cloud and engineering services provider with a Banking and Financial Services (BFS) focus. The acquisition will enhance the company’s digital transformation capabilities and provide Tech Mahindra a scaled up presence in the Australian BFS market. The transaction is expected to close by March 31, 2021.

JK Cement has inaugurated its new grey cement grinding unit at Balasinor in Gujarat's Mahisagar district with a manufacturing capacity of 0.7 million tonnes per annum (mtpa). The plant, spread over an area of eight hectares, has been set up at a total project cost of Rs 200 crore. It is a part of the company's total funding outlay of Rs 2,000 crore to add 4.2 mtpa capacity, comprising 2 mtpa in Rajasthan, 1.5 mtpa in Uttar Pradesh and 0.7 mtpa in Gujarat.

Great Eastern Shipping Company (GE Shipping) has taken delivery of a secondhand very large gas carrier ‘Jag Vishnu’ of about 77,922 cbm. The company had contracted to buy the vessel in Q2FY21. The company also delivered its 1996 built very large gas carrier ‘Jag Vidhi’ to the buyers. The vessel was contracted for sale in Q2FY21. The company’s current fleet stands at 46 vessels, comprising 33 tankers (11 crude carriers, 17 product tankers, 5 LPG carrier) and 13 dry bulk carriers with an average age of 12.53 years aggregating 3.70 mn dwt. The company has also contracted to buy a Long Range 2 Product Carrier which is expected to be delivered in Q3FY21.

Hindustan Petroleum Corporation (HPCL) has raised Rs 2,000 crore through issuance of un-secured, redeemable, non-convertible, non-cumulative, taxable, debenture of Rs 10 lakh each on private placement basis for funding of capital expenditure, including recoupment of expenditure already incurred. Coupon rate will be 4.79 percent per annum for the debt instruments which will mature on October 23, 2023.

Monte Carlo Fashions has entered into partnership with maternity clothing start-up Momsoon. Under the partnership, Monte Carlo will produce maternity wear garments designed by Momsoon for sale online. The company has been the go to brand for winter wear for years, and the partnership with Momsoon adds a new segment to its offering. This year, the company  wanted to add a completely new segment to its range i.e. maternity fashion.

Sterlite Technologies has decided to fast track its planned augmentation of optical fibre cable capacity, buoyed by the order book and demand funnel, as it looks to undertake expansion in two phases, possibly at lower costs. The company has decided to lift the ‘pause and hold’ on expansion to move full throttle ahead. The capacity is expected to rise from 18 million fibre km (FKm) to 24 million Fkm in the first phase by the end of December. In the second phase, the company plans to move from 24 million Fkm to 33 million Fkm by March or April next year.

Tata Motors has bagged the prestigious order of 6413 vehicles f..
26Oct10-26-2020$Tech Mahindra slips on reporting 5% fall in Q2 consolidated net profit Tech Mahindra slips on repor

Tech Mahindra is currently trading at Rs. 832.15, down by 15.95 points or 1.88% from its previous closing of Rs. 848.10 on the BSE.

The scrip opened at Rs. 834.00 and has touched a high and low of Rs. 854.65 and Rs. 825.00 respectively. So far 188822 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 887.50 on 08-Oct-2020 and a 52 week low of Rs. 470.25 on 23-Mar-2020.

Last one week high and low of the scrip stood at Rs. 857.40 and Rs. 817.40 respectively. The current market cap of the company is Rs. 80451.35 crore.

The promoters holding in the company stood at 35.82%, while Institutions and Non-Institutions held 52.36% and 11.82% respectively.

Tech Mahindra has reported a fall of 31.14% in its net profit at Rs 961.50 crore for the quarter ended September 30, 2020 as compared to Rs 1,396.30 crore for the same quarter in the previous year. Total income of the company decreased by 1.51% at Rs 7,561.40 crore for Q2FY21 as compared Rs 7,677.10 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 5.28% in its net profit attributed to owner at Rs 1,064.60 crore for the quarter under review as compared to Rs 1,123.90 crore for the same quarter in the previous year. However, total income of the company increased by 2.19% at Rs 9,489.30 crore for Q2FY21 as compared Rs 9,286.20 crore for the corresponding quarter previous year.

Tech Mahindra is currently trading at Rs. 832.15, down by 15.95..
24Oct10-24-2020$Tech Mahindra’s arm to acquire 100% stake in Momenton Tech Mahindra’s arm to acq

Tech Mahindra’s wholly owned subsidiary -- Tech Mahindra (Singapore) has agreed to acquire 100% stake in Momenton. Momenton is a cloud and engineering services provider with a Banking and Financial Services (BFS) focus. The acquisition will enhance the company’s digital transformation capabilities and provide Tech Mahindra a scaled up presence in the Australian BFS market. The transaction is expected to close by March 31, 2021.

Tech Mahindra represents the connected world, offering innovative and customer-centric information technology experiences, enabling Enterprises, Associates and the Society to Rise.

Tech Mahindra’s wholly owned subsidiary -- Tech Mahindra (Sin..
Financials More
Rs. in Millions
QTR Sep 20 ANNUAL 20
Net Profit961545345
Gross Profit 12576 53322
Operating Profit 1443160663
Net Sales 74044292254
ROLLING FORWARD P/E (EOD)
EVENT CALENDAR
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Shareholding Pattern More
MUTUAL FUNDS/UTI 8.96 %
FI/BANKS/INSURANCE 5.07 %
PROMOTERS 35.82 %
NON-INSTITUTION 11.82 %
GOVERNMENT 0.17 %
FII 0.01 %
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