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Tech Mahindra (TECHM) Share Price Falls 4.34% as Large Cap IT Stock Trades Lower

12 Oct 2026 • 9:26 am

Tech Mahindra (TECHM) Share Price Falls 4.34% as Large Cap IT Stock Trades Lower
Tech Mahindra (TECHM) share price fell to Rs 1,451.2 today, down 4.34% from the previous close. Market cap was Rs 1,48,695.03 crore.

Tech Mahindra Share Price fell to Rs 1,451.20, down 4.34% in the latest session, with the company’s market capitalisation at Rs 148,695.03 crore. According to Univest data, the move took the stock below its previous close of Rs 1,517.05 and kept Tech Mahindra Share Price, Tech Mahindra Share Price Today and Tech Mahindra Stock News in focus for investors tracking the IT pack. The stock is a Large Cap name in IT – Software, and the day’s decline was visible early in trade as the share price moved away from the opening level. According to latest Univest figures, no company-specific catalyst is established, so the price event should be read through the lens of valuation, sector context and peer comparison rather than a stated trigger.

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

Metric Value
Current Price Rs 1,451.2
Previous Close Rs 1,517.05
Today's Move -Rs 65.85 (-4.34%)
Open Rs 1,506.25
High Rs 1,506.25
Low Rs 1,447.8
Market Capitalisation Rs 1,48,695.03 crore
Market Cap Category Large Cap

Tech Mahindra Share Price Today reflects a sharp intraday decline rather than a broad session-long drift. The stock opened at Rs 1,506.25, matched that as the day high, and touched a low of Rs 1,447.80, placing the last traded price closer to the lower end of the range. The move of Rs 65.85 from the previous close of Rs 1,517.05 translated into a 4.34% fall, while the Large Cap classification and Rs 148,695.03 crore market capitalisation keep the stock in the large-company bracket within Indian equities. For readers following Tech Mahindra Share Price Live, the numbers show that the stock was still trading below its opening level as of 12 October 2026 at 9:23:39 AM IST. That makes Tech Mahindra Share Price a live price action story first, with fundamentals next in the queue.

Tech Mahindra (TECHM) Fundamental Analysis

Metric Value
Market Capitalisation Rs 1,48,695.03 crore
P/E Ratio 28.95x
P/B Ratio 4.81x
ROE 17%
ROCE 23.04%
EPS Rs 52.39
Book Value Per Share Rs 315.47
Dividend Yield 3.36%

Tech Mahindra (TECHM) fundamental metrics show P/E 28.95x, P/B 4.81x, ROE 17%, ROCE 23.04%. Read together, these ratios describe the company's position rather than a recommendation.

Tech Mahindra has a market capitalisation of Rs 1,48,695.03 crore and falls in the Large Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 28.95x, P/B at 4.81x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 17% and ROCE of 23.04%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs 52.39, book value per share of Rs 315.47, dividend yield of 3.36%, adding context to earnings, balance-sheet value and historical payout. Against the latest Univest same industry benchmark, these figures can be compared with benchmark median P/E of 21.69x, median ROE of 10.61%, median ROCE of 12.7%. These numbers explain the fundamental backdrop without converting the article into a buy or sell view.

Sector and Industry Context

Metric Value
Sector IT
Industry IT – Software
Benchmark Scope same industry
Company P/E Ratio 28.95x
Benchmark Median P/E 21.69x
Benchmark Average P/E 56.21x
Benchmark P/E Range 1.49x to 1,412.72x
Company P/B Ratio 4.81x
Benchmark Median P/B 1.95x
Benchmark Average P/B 5.46x
Company ROE 17%
Benchmark Median ROE 10.61%
Benchmark Average ROE -1.54%
Company ROCE 23.04%
Benchmark Median ROCE 12.7%
Benchmark Average ROCE 11.96%
Company Market Capitalisation Rs 1,48,695.03 crore
Benchmark Median Market Cap Rs 197.2 crore
Benchmark Average Market Cap Rs 10,781.14 crore

Tech Mahindra (TECHM) operates in the IT sector, within the IT – Software industry.

Tech Mahindra (TECHM) has a P/E ratio of 28.95x, which is above the benchmark median of 21.69x, a difference of +33.47%. The P/E comparison frames valuation; it is not a signal to buy or sell.

Tech Mahindra (TECHM) has a ROE of 17%, which is above the benchmark median of 10.61%, a difference of +60.23%. Tech Mahindra (TECHM) has a ROCE of 23.04%, which is above the benchmark median of 12.7%, a difference of +81.42%.

Track stocks among today's decliners through the Univest top decliners screener. The peer table below provides the company-level comparison.

Peer Comparison

Company Symbol Market Cap (Cr) P/E P/B ROE (%) ROCE (%)
Tata Consultancy Services TCS 7,82,592.33 15.16 6.57 49.11 66.25
Infosys INFY 4,15,587.81 13.72 4.19 31.68 42.84
HCL Technologies HCLTECH 3,29,520.35 18.91 4.16 23.13 31.2
Wipro WIPRO 1,61,154.79 12.19 2.13 15.71 18.49
LTIMindtree LTM 1,20,581.02 23.05 4.76 21.51 30.25

Tech Mahindra (TECHM) has a P/E ratio of 28.95x compared with the displayed peer median of 15.16x. Peer multiples give relative context only, not a buy or sell view. Its ROE of 17% compares with a peer median of 23.13% across the companies shown in the table. ROCE stood at 23.04% versus the displayed peer median of 31.2%, providing a capital-efficiency comparison. Tech Mahindra (TECHM) has a market capitalisation of Rs 1,48,695.03 crore. Among the 5 peers shown, 4 have a larger market capitalisation.

Why Investors Are Watching Tech Mahindra

  • Tech Mahindra Share Price fell 4.34% in the latest session, keeping today’s price action in sharp focus.
  • The stock is trading at Rs 1,451.20, below the previous close of Rs 1,517.05 and near the lower end of the day’s range.
  • Tech Mahindra Fundamental Analysis shows P/E of 28.95, P/B of 4.81, ROE of 17% and ROCE of 23.04%.
  • The company remains a Large Cap name in IT – Software with a market capitalisation of Rs 148,695.03 crore.
  • Peer comparison places Tech Mahindra Share Price above some return metrics in the industry, but below several IT leaders on profitability.

About Tech Mahindra

Tech Mahindra operates in the IT – Software industry within the IT sector. The company serves technology-led enterprise needs and is tracked widely as part of the Indian IT pack. In the context of Tech Mahindra Share Price, the business is best understood through its scale, capital efficiency and valuation profile rather than only daily price swings. Its Large Cap status and sizable market capitalisation place it among the more established listed technology names in India. For readers following Tech Mahindra Stock News, the company’s position in the industry makes its Share Price relevant not just for one-day movement, but also for relative valuation work, earnings interpretation and sector benchmarking.

Track Tech Mahindra Share Price on Univest

Use Tech Mahindra (TECHM) live share-price page, Univest top decliners screener, Univest market blogs to review live stock data, top decliners and related market analysis.

Track Tech Mahindra Share Price on Univest for live updates, fundamental ratios, 52-week levels and market insights in one place. Readers can follow Tech Mahindra Share Price Today alongside valuation, sector context and peer comparison without leaving the stock page. Univest helps keep Tech Mahindra Stock News and Tech Mahindra Share Price Update in a single, easy-to-review view.

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 Uniresearch Global Pvt. Ltd. (Research Analyst, SEBI Reg. No. INH000013776, a subsidiary of Univest Communication Technologies Private Limited).

Frequently Asked Questions

Why is Tech Mahindra Share Price falling today?

Ans. Tech Mahindra Share Price fell 4.34% to Rs 1,451.20 from the previous close of Rs 1,517.05. Univest data confirms the move itself, though no company-specific trigger has been identified.

What is Tech Mahindra Share Price Today?

Ans. Tech Mahindra Share Price Today is Rs 1,451.20. The stock is trading below its opening level of Rs 1,506.25 and below the previous close of Rs 1,517.05, keeping the day’s decline in focus.

Is Tech Mahindra a Large Cap stock?

Ans. Yes. Tech Mahindra is a Large Cap company with a market capitalisation of Rs 148,695.03 crore. That size context matters when reading Tech Mahindra Share Price and comparing it with other IT names.

What is Tech Mahindra’s P/E ratio?

Ans. Tech Mahindra’s P/E ratio is 28.95. In the same industry benchmark, this is above the median of 21.69 and below the average of 56.21, so Tech Mahindra Share Price sits on a richer valuation than the median peer.

How does Tech Mahindra compare on ROE and ROCE?

Ans. Tech Mahindra’s ROE is 17% and ROCE is 23.04%. Both are above the industry medians of 10.61 and 12.7, which gives Tech Mahindra Share Price useful fundamental support in relative terms.

What do EPS and book value tell investors?

Ans. Tech Mahindra’s EPS is Rs 52.39 and book value is Rs 315.47 per share. EPS shows earnings attributable to each share, while book value shows accounting net worth behind each share for Tech Mahindra Share Price readers.

How does Tech Mahindra compare with IT peers?

Ans. Tech Mahindra’s P/E of 28.95 is above TCS, Infosys, HCL Technologies and Wipro in the peer set shown here. Its ROE and ROCE are also lower than several larger IT leaders, shaping Tech Mahindra Share Price comparisons.

Should investors track Tech Mahindra Share Price on Univest?

Ans. Yes. Univest tracks Tech Mahindra Share Price with live movement, key ratios, sector context and peer comparison. That helps readers follow Tech Mahindra Stock News and understand the day’s price fall in one place.

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Note: This blog is for information purpose only. Investments and trading are subject to market risks, read all scheme related documents carefully.

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