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Tech Mahindra (TECHM) Share Price Falls 2.20% to Rs 1,557: Key Levels, Valuation and IT Sector Context

7 Sept 202611:39 am

Tech Mahindra (TECHM) Share Price Falls 2.20% to Rs 1,557: Key Levels, Valuation and IT Sector Context
Tech Mahindra (TECHM)share price fell to Rs 1,557 today, down 2.2% from the previous close. Market cap was Rs 1,56,037.29 crore.

Tech Mahindra Share Price fell to Rs 1,557 on 07 September 2026, down 2.20% for the day. The stock was below its previous close of Rs 1,592 after a Rs 35 decline, while the company’s market capitalisation stood at Rs 1,56,037.29 crore. As a Large Cap IT stock, the move has drawn attention to both intraday price action and the company’s broader valuation profile.

The supplied data confirms the price event, but it does not establish a company-specific trigger behind today’s decline. That makes the verified numbers more important than speculation. The available figures show an intraday range between Rs 1,555.25 and Rs 1,587.15, turnover of Rs 6.83 crore, a price-to-earnings ratio of 30.38, and profitability metrics of 17% return on equity and 23.04% return on capital employed.

For readers tracking Tech Mahindra Share Price, the key questions now are straightforward: where the stock is trading within the day’s range, how its valuation compares with the IT – Software industry, and how its profitability stacks up against established peers. This report stays focused on supplied market data, sector benchmarks and peer comparison rather than on unverified explanations.

Tech Mahindra (TECHM) Share Price Today: Price Action Analysis

Metric Value
Current Price Rs 1,557
Previous Close Rs 1,592
Today's Move -Rs 35.00 (-2.2%)
Open Rs 1,578.6
High Rs 1,587.15
Low Rs 1,555.25
Turnover Rs 6.83 crore
Market Capitalisation Rs 1,56,037.29 crore
Market Cap Category Large Cap

Tech Mahindra Share Price reflects a clear one-session decline. The stock opened at Rs 1,578.6, moved up to Rs 1,587.15, fell to Rs 1,555.25, and was trading at Rs 1,557 at the time of the article. Against the previous close of Rs 1,592, that translates into a Rs 35 loss or 2.20% for the session.

The placement of the current price within that range is notable. Trading close to the day’s low suggests the weakness remained visible through the session instead of being to a brief early move. For short-term trackers, that gives context to the price action without implying any undisclosed trigger. Turnover of Rs 6.83 crore points to active trading interest around the move, while the company’s size means even moderate daily percentage changes can quickly attract broader market attention.

Technical reference points from the supplied data also add context. The stock’s 50-day moving average is Rs 1,616.88, while the 200-day moving average is Rs 1,501.93. With the current price below the 50-DMA but above the 200-DMA, the available data places the stock between its medium-term and longer-term trend markers. The RSI stands at 49.22, which is near the middle of the commonly watched scale and does not by itself suggest an extreme condition.

Tech Mahindra (TECHM) Fundamental Analysis

Metric Value
Market Capitalisation Rs 1,56,037.29 crore
P/E Ratio 30.38x
P/B Ratio 5.05x
ROE 17%
ROCE 23.04%
EPS Rs 52.39
Book Value Per Share Rs 315.48
Dividend Yield 3.2%

At a fundamental level, the company remains a large participant in the listed IT space. Its market capitalisation of Rs 1,56,037.29 crore keeps it firmly in the Large Cap category. On valuation, the stock trades at 30.38 times earnings and 5.05 times book value. These ratios show that the market is assigning a meaningful premium relative to the company’s accounting value and a higher earnings multiple than some large peers.

Profitability figures remain an important counterweight in that discussion. Return on equity stands at 17%, while return on capital employed is 23.04%. EPS is Rs 52.39 and book value per share is Rs 315.48. The dividend yield is 3.2%. Taken together, these figures present a company that combines scale, profitability and a measurable payout profile, even though the stock is not cheap on every valuation yardstick.

For investors reviewing Tech Mahindra Share Price after today’s fall, the main takeaway from fundamentals is balance rather than extremity. The company’s profitability metrics are meaningful, but the valuation is also above several benchmark medians. That combination often leads investors to compare the stock not just on absolute numbers, but on how much they are paying relative to peers and the wider industry set.

Sector and Industry Context

Metric Value
Sector IT
Industry IT – Software
Benchmark Scope same industry
Company P/E Ratio 30.38x
Benchmark Median P/E 24.23x
Benchmark Average P/E 54.89x
Benchmark P/E Range 0x to 1,023.2x
Company P/B Ratio 5.05x
Benchmark Median P/B 2.06x
Benchmark Average P/B 5.4x
Company ROE 17%
Benchmark Median ROE 10.38%
Benchmark Average ROE 6.59%
Company ROCE 23.04%
Benchmark Median ROCE 12.8%
Benchmark Average ROCE 13.08%
Company Market Capitalisation Rs 1,56,037.29 crore
Benchmark Median Market Cap Rs 198.6 crore
Benchmark Average Market Cap Rs 11,680.85 crore

Tech Mahindra operates in the IT sector and the IT – Software industry. The benchmark dataset covers 248 companies in the same industry, offering a wide comparison base for valuation, profitability and size. That breadth matters because software companies can trade on very different multiples depending on growth, margins, business mix and market position, even when they sit within the same sector label.

On earnings valuation, the company’s P/E of 30.38 is above the industry median of 24.23 but below the industry average of 54.89. The range in the dataset runs from 0 to 1,023.2, which shows that the average is influenced by extreme values. On book-value valuation, the P/B ratio of 5.05 is above the industry median of 2.06 and slightly below the average of 5.4. In simple terms, that places the stock above median valuation levels in the broader software pack without making it an obvious outlier on P/B.

Profitability looks stronger in this same-industry comparison. ROE of 17% is above the industry median of 10.38% and the average of 6.59%. ROCE of 23.04% is also ahead of the median of 12.8% and the average of 13.08%. Size is another differentiator: the company’s market cap of Rs 1,56,037.29 crore is dramatically larger than the industry median of Rs 198.6 crore and well above the average of Rs 11,680.85 crore. So the sector picture is of a very large software player with above-median profitability and above-median valuation.

Peer Comparison

Company Symbol Market Cap (Cr) P/E P/B ROE (%) ROCE (%)
Tata Consultancy Services TCS 8,32,485.76 16.72 6.9 49.11 66.25
Infosys INFY 4,58,580.27 15.14 4.63 31.68 42.84
HCL Technologies HCLTECH 3,51,148.26 20.15 4.43 23.13 31.2
Wipro WIPRO 1,75,109.01 13.25 2.32 15.71 18.49
LTIMindtree LTM 1,34,962.7 25.8 5.33 21.51 30.25

Within the large listed software group, the company sits below Tata Consultancy Services, Infosys, HCL Technologies and Wipro on market capitalisation, but above LTIMindtree. That places it in an established peer set rather than on the fringe of the industry.

Valuation is where the contrast is sharper. The company’s P/E of 30.38 is above TCS at 16.72, Infosys at 15.14, HCL Technologies at 20.15, Wipro at 13.25 and LTIMindtree at 25.8. On P/B, its 5.05 is below TCS at 6.9, above Infosys at 4.63, above HCL Technologies at 4.43, above Wipro at 2.32 and slightly below LTIMindtree at 5.33. That means the stock is not the cheapest name in this comparison group on either earnings or book value.

Profitability is more mixed than valuation. ROE of 17% is above Wipro’s 15.71% but below TCS, Infosys, HCL Technologies and LTIMindtree. ROCE of 23.04% is also above Wipro’s 18.49% but below the other four peers listed here. For investors reviewing Tech Mahindra Share Price in peer context, the current picture is of a company with respectable returns, but one that trades on a higher earnings multiple than several bigger software names.

Why Investors Are Watching Tech Mahindra

  • Tech Mahindra Share Price fell 2.20% to Rs 1,557 in a single session.
  • The stock traded near its intraday low of Rs 1,555.25 after opening at Rs 1,578.6.
  • The price is below the 50-DMA of Rs 1,616.88 but above the 200-DMA of Rs 1,501.93.
  • P/E at 30.38 is above the same-industry median of 24.23.
  • ROE of 17% and ROCE of 23.04% are both above industry medians.
  • The company remains a Large Cap IT stock with market cap of Rs 1,56,037.29 crore.

About Tech Mahindra

Tech Mahindra is classified in the IT sector and IT – Software industry. Based on the supplied market-cap data, it is one of the larger listed software companies in India. Its comparison set in this article includes TCS, Infosys, HCL Technologies, Wipro and LTIMindtree, which places it among the better-known sector names tracked for valuation, profitability and market positioning.

Track Tech Mahindra Share Price on Univest

UseTech Mahindra (TECHM) live share-price page,Univest top decliners screener,Univest market blogsto review live stock data, top decliners and related market analysis.

On Univest, readers can track Tech Mahindra Share Price through live price changes, historical performance, fundamental ratios and peer comparisons. That helps keep short-term market moves in perspective by linking them with valuation and profitability data already visible in the public domain.

Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

Frequently Asked Questions

Why did Tech Mahindra Share Price fall today?

Ans. The supplied data confirms that the stock fell 2.20% to Rs 1,557 from the previous close of Rs 1,592. However, the data does not establish any company-specific catalyst for today’s decline.

What is Tech Mahindra Share Price today?

Ans. Tech Mahindra Share Price today is Rs 1,557 at the time of the article. The stock was down Rs 35, or 2.20%, compared with its previous close of Rs 1,592.

What does today’s intraday range show for Tech Mahindra?

Ans. The stock opened at Rs 1,578.6, touched a high of Rs 1,587.15 and a low of Rs 1,555.25. Trading near Rs 1,557 means the price stayed closer to the session low.

How does the stock compare with industry valuation levels?

Ans. Its P/E ratio is 30.38, which is above the same-industry median of 24.23 but below the industry average of 54.89. Its P/B ratio of 5.05 is above the median of 2.06 and slightly below the average of 5.4.

Are the profitability ratios strong versus the industry?

Ans. The company reports ROE of 17% and ROCE of 23.04%. Both are above the same-industry medians of 10.38% and 12.8%, respectively. The stock belongs to the IT sector. Its industry classification is IT – Software.

How does it compare with peers like TCS, Infosys and HCL Technologies?

Ans. Its P/E of 30.38 is above TCS at 16.72, Infosys at 15.14 and HCL Technologies at 20.15. Its ROE and ROCE are lower than those three peers in the supplied comparison set.

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