{"id":128731,"date":"2026-06-24T10:08:31","date_gmt":"2026-06-24T04:38:31","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=128731"},"modified":"2026-06-24T10:08:32","modified_gmt":"2026-06-24T04:38:32","slug":"tech-mahindra-share-price-today-june-24-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/tech-mahindra-share-price-today-june-24-2026\/","title":{"rendered":"Tech Mahindra Share Price Today: Gains 3% to Rs 1,458 as Oversold Nifty IT Stock Bounces Back on June 24"},"content":{"rendered":"
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Tech Mahindra share price: Rs 1,458.10 (+3.00%, Jun 23 close Rs 1,415.60). Today high Rs 1,461. Jun 19 panic low Rs 1,344. Recovery from low: +8.5%. Peak-to-trough Jun 5-19: -11.8%.<\/em><\/p>\n

The Tech Mahindra<\/a> share price is the second-biggest gainer in the Nifty IT<\/a> index today, rising 3% to Rs 1,458.10 from its June 23 close of Rs 1,415.60. The stock opened at Rs 1,420 and hit an intraday high of Rs 1,461 today, with the Tech Mahindra share price recovering strongly from its June 19 panic low of Rs 1,344. The recovery in the Tech Mahindra share price today is the most aggressive among large-cap IT stocks, reflecting the mathematical reality that stocks which fall the hardest in a sector sell-off tend to bounce the most sharply when sentiment stabilises. From the June 19 intraday low of Rs 1,344, the Tech Mahindra share price has now recovered approximately 8.5% in three sessions. The broader Nifty IT index is recovering today as investors reassess the overly pessimistic reaction to JPMorgan’s AI disruption scenarios, and Tech Mahindra is leading that recovery. Kunal Singla, Associate Director at Univest notes that the Tech Mahindra share price today is testing a critical short-term resistance at Rs 1,461 (today’s intraday high), and a close above this level would signal a sustained recovery rather than a short-covering bounce.<\/p>\n

The Tech Mahindra share price had been one of the Nifty IT sector’s weakest performers in the preceding two weeks. The stock fell from Rs 1,524 (June 5 high) to Rs 1,344 (June 19 intraday low), a peak-to-trough decline of 11.8% in just 11 trading sessions. The June 19 session was particularly severe for the Tech Mahindra share price: the stock fell to Rs 1,344 on 5.86 lakh shares of volume, the highest volume in nearly a month, as panic selling triggered by Accenture’s weak Q3 guidance and JPMorgan’s simultaneous Underperform downgrade combined to flush out weak holders. Accenture had cut its full-year revenue growth forecast from 5-8% to 4-7%, citing slower-than-expected discretionary IT spending recovery, which directly impacted confidence in Indian IT services peers like Tech Mahindra. Despite this, the Tech Mahindra share price is leading today’s Nifty IT recovery, suggesting the market views the sell-off as overdone.<\/p>\n

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