Tech Mahindra Share Price Today Live Updates : On the last trading day, Tech Mahindra opened at ₹1705 and closed slightly higher at ₹1705.55. The stock reached a high of ₹1714.1 and a low of ₹1691.4 during the day. With a market capitalization of ₹167,000.7 crore, it continues to show resilience, having a 52-week high of ₹1807.4 and a low of ₹1163.7. The BSE volume recorded was 9,518 shares traded.
Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.
Tech Mahindra Share Price Live Updates: Volume traded till 11 AM is -76.06% lower than yesterday
Tech Mahindra Share Price Live Updates: As of 11 AM, Tech Mahindra’s trading volume has decreased by 76.06% compared to yesterday, with the stock price at ₹1713.2, reflecting a decline of 0.54%. Analyzing trading volume alongside price is crucial for understanding market trends. An increase in price accompanied by higher volume typically indicates a strong and sustainable upward trend, while a decrease in price with elevated volume may signal a potential further decline.
Tech Mahindra Share Price Live Updates: Hourly Price Movement Update
Tech Mahindra Share Price Live Updates: The stock price has varied between 1721.5 and 1703.2 levels in the past hour. Traders might explore rangebound trading strategies by purchasing near the hourly support level of 1703.2 and selling near the hourly resistance level of 1721.5. Please note that my knowledge is based on data available up to October 2023.
The hourly support and resistance levels to watch out in the next hour are mentioned below.
| Resistance Levels | Price | Support Levels | Price |
|---|---|---|---|
| Resistance 1 | 1726.13 | Support 1 | 1710.53 |
| Resistance 2 | 1732.27 | Support 2 | 1701.07 |
| Resistance 3 | 1741.73 | Support 3 | 1694.93 |
Tech Mahindra Share Price Live Updates: Tech Mahindra trading at ₹1720.5, up 0.97% from yesterday’s ₹1704
Tech Mahindra Share Price Live Updates: The current market price of Tech Mahindra has surpassed the first resistance of ₹1717.75 (derived from classic pivot table) on a daily time frame indicating a bullish move but traders need to monitor for possible reversals from ₹1730.85. If the stock price breaks the second resistance of ₹1730.85 then there can be further positive price movement.
Tech Mahindra Share Price Live Updates: Stock Peers
Tech Mahindra Share Price Live Updates: Tech Mahindra’s share price has increased by 0.76% today, reaching ₹1716.9, in line with its competitors. Companies like Infosys, HCL Technologies, LTI Mindtree, and Oracle Financial Services Software are also experiencing gains. In general, the benchmark indices Nifty and Sensex have risen by 0.77% and 0.87%, respectively.
| Name | Latest Price | Change | % Change | 52W High | 52W Low | Mkt. Cap (cr) |
|---|---|---|---|---|---|---|
| Infosys | 1934.65 | 52.0 | 2.76 | 2006.8 | 1359.1 | 800935.55 |
| HCL Technologies | 1939.0 | 25.85 | 1.35 | 1979.45 | 1235.0 | 526179.66 |
| Tech Mahindra | 1716.9 | 12.9 | 0.76 | 1807.4 | 1163.7 | 151527.78 |
| LTI Mindtree | 5717.8 | 43.4 | 0.76 | 6764.8 | 4518.35 | 169340.29 |
| Oracle Financial Services Softwa | 12719.7 | 89.1 | 0.71 | 13203.6 | 4270.5 | 110244.18 |
Tech Mahindra Live Updates: Consensus analysts rating is Hold
Tech Mahindra Live Updates: The analyst recommendation trend is shown below with the current rating as Hold.
- The median price target is ₹1745.0, 1.63% higher than current market price.
- The lowest target price among analyst estimates is ₹1050.0
- The highest target price among analyst estimates is ₹2000.0
These target price estimates are for the next 1 year.
| Ratings | Current | 1 Week Ago | 1 Month Ago | 3 Months Ago |
| Strong Buy | 6 | 6 | 6 | 7 |
| Buy | 14 | 14 | 14 | 11 |
| Hold | 6 | 6 | 7 | 8 |
| Sell | 9 | 9 | 8 | 10 |
| Strong Sell | 3 | 3 | 3 | 2 |
Tech Mahindra Live Updates: Volume traded till 10 AM is -73.62% lower than yesterday
Tech Mahindra Live Updates: As of 10 AM, Tech Mahindra’s trading volume has decreased by 73.62% compared to yesterday, with the stock priced at ₹1708.75, reflecting a decline of 0.28%. Trading volume is a critical metric to analyze trends alongside price movements. An increase in price coupled with higher volume typically indicates a sustainable upward trend, while a decrease in price with elevated volume may signal a potential further decline in prices.
Tech Mahindra Live Updates: Hourly Price Movement Update
Tech Mahindra Live Updates: Tech Mahindra touched a high of 1719.0 & a low of 1700.7 in the previous trading hour.
The hourly support and resistance levels to watch out in the next hour are mentioned below.
| Resistance Levels | Price | Support Levels | Price |
|---|---|---|---|
| Resistance 1 | 1721.5 | Support 1 | 1703.2 |
| Resistance 2 | 1729.4 | Support 2 | 1692.8 |
| Resistance 3 | 1739.8 | Support 3 | 1684.9 |
Tech Mahindra Live Updates:
Tech Mahindra Live Updates: Stock Peers
Tech Mahindra Live Updates: Today, Tech Mahindra’s share price has increased by 0.88%, reaching ₹1719, aligning with the upward trend of its peers. Companies like Infosys, HCL Technologies, LTI Mindtree, and Oracle Financial Services Software are also experiencing gains. Meanwhile, the benchmark indices Nifty and Sensex have risen by 0.32% and 0.45%, respectively.
| Name | Latest Price | Change | % Change | 52W High | 52W Low | Mkt. Cap (cr) |
|---|---|---|---|---|---|---|
| Infosys | 1918.55 | 35.9 | 1.91 | 2006.8 | 1359.1 | 794270.23 |
| HCL Technologies | 1935.0 | 21.85 | 1.14 | 1979.45 | 1235.0 | 525094.2 |
| Tech Mahindra | 1719.0 | 15.0 | 0.88 | 1807.4 | 1163.7 | 151713.12 |
| LTI Mindtree | 5720.6 | 46.2 | 0.81 | 6764.8 | 4518.35 | 169423.22 |
| Oracle Financial Services Softwa | 12745.35 | 114.75 | 0.91 | 13203.6 | 4270.5 | 110466.5 |
Tech Mahindra Live Updates: Tech Mahindra trading at ₹1709.3, up 0.31% from yesterday’s ₹1704
Tech Mahindra Live Updates: Tech Mahindra share price is at ₹1709.3 and is still trading between the key support and resistance levels of ₹1691.4 and ₹1717.75 on a daily timeframe. If it crosses the support of ₹1691.4 then we can expect a further bearish movement. On the other hand if the price crosses 1717.75 then it will lead to a bullish movement.
Tech Mahindra Share Price Live Updates: Price Analysis
Tech Mahindra Share Price Live Updates: The share price of Tech Mahindra has increased by 0.33%, currently trading at ₹1709.70. Over the past year, Tech Mahindra’s shares have seen a significant rise of 33.31%, reaching ₹1709.70. In contrast, the Nifty index has experienced a 9.20% increase, rising to 23742.90 during the same one-year timeframe.
| Time Period | Price Analysis |
|---|---|
| 1 Week | -0.06% |
| 3 Months | 12.52% |
| 6 Months | 15.14% |
| YTD | -0.14% |
| 1 Year | 33.31% |
Tech Mahindra Share Price Live Updates: Key support and resistance levels
Tech Mahindra Share Price Live Updates: The key support and resistance levels for Tech Mahindra on the daily timeframe are given below. Please note these support and resistance levels are derived from the classic pivot table.
| Resistance Levels | Price | Support Levels | Price |
|---|---|---|---|
| Resistance 1 | 1717.75 | Support 1 | 1691.4 |
| Resistance 2 | 1730.85 | Support 2 | 1678.15 |
| Resistance 3 | 1744.1 | Support 3 | 1665.05 |
Tech Mahindra Share Price Live Updates: Consensus analysts rating is Hold
Tech Mahindra Share Price Live Updates: The analyst recommendation trend is shown below with the current rating as Hold.
- The median price target is ₹1745.0, 2.4% higher than current market price.
- The lowest target price among analyst estimates is ₹1050.0
- The highest target price among analyst estimates is ₹2000.0
These target price estimates are for the next 1 year.
| Ratings | Current | 1 Week Ago | 1 Month Ago | 3 Months Ago |
| Strong Buy | 6 | 6 | 6 | 7 |
| Buy | 14 | 14 | 14 | 11 |
| Hold | 6 | 6 | 7 | 8 |
| Sell | 9 | 9 | 8 | 10 |
| Strong Sell | 3 | 3 | 3 | 2 |
Tech Mahindra Share Price Live Updates: Tech Mahindra volume yesterday was 730 k as compared to the 20 day avg of 1815 k
Tech Mahindra Share Price Live Updates: The trading volume yesterday was 59.73% lower than the 20 day average. Yesterday’s NSE volume was 721 k & BSE volume was 9 k.
Tech Mahindra Share Price Live Updates: Tech Mahindra closed at ₹1705.55 on last trading day & the technical trend suggests Bearish near term outlook
Tech Mahindra Share Price Live Updates: The stock traded in the range of ₹1714.1 & ₹1691.4 yesterday to end at ₹1704.05. Following a strong uptrend, the stock is indicating signs of a reversal.