Tech Mahindra Ltd traded at 1,408.50 this Wednesday March 25th, decreasing 24.20 or 1.69 percent since the previous trading session. Looking back, over the last four weeks, Tech Mahindra lost 3.43 percent. Over the last 12 months, its price fell by 0.55 percent. Looking ahead, we forecast Tech Mahindra Ltd to be priced at 1,379.20 by the end of this quarter and at 1,294.92 in one year, according to Trading Economics global macro models projections and analysts expectations.
Tech Mahindra Limited is engaged in the business of computer programming, consultancy and related services. The Company's segments include Information Technology (IT) Services and Business Processing Outsourcing (BPO). The Company operates in various sectors, including telecom business and enterprise solutions business. The telecom business provides consulting-led integrated portfolio services to customers, which are telecom equipment manufacturers, telecom service providers and IT infrastructure services, and BPO, as well as enterprise services (banking, financial services and insurance (BFSI), retail and logistics, and manufacturing, among others) of IT and IT-enabled services delivered through a network of various locations around the world. The enterprise solutions business provides IT services, including IT enabled services, application development and maintenance, consulting and enterprise business solutions, extended engineering solutions and infrastructure management services.