Tech Mahindra Ltd

Stage 2 · Advancing · week 10Setup 3.5 WatchWeak -10.0

As of 9 Oct 2026, Tech Mahindra is in Stage 2 — advancing, the uptrend phase, in week 10 (since 5 Aug 2026). It closed at ₹1,514, 14.4% below its 52-week high and below its 200-day average, which is falling. In Information Technology, 22.4% of stocks are in Stage 2.

Tech Mahindra Limited provides information technology services and solutions in the Americas, Europe, India, and internationally. More about the company

₹1,514.1
+1.20% today
₹1.34L Cr · Large cap
Market Neutral — FadingInformation Technology 22.4% in Stage 2-3.7 pts / 20dIT Services & Consulting 14.6%-6.1 pts

Pro read

Pro

Our read

In Stage 2, but it has already run

Setup score

3.5 Watch

Momentum

Steady

Edge

Weak -10.0

Setup-score rank among Stage 2 peers: #9 of 12 in IT Services & Consulting · #31 of 39 in Information Technology

Is TECHM early, or has it already run? Pro answers that for every NSE stock, after every close.

₹2,999 · 12 months₹1,999 · 6 months
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vs 52W High
-14.4%
₹1,331.7 lo₹1,768.4 hi
14.4% below 52W high — pullback range
How far this stock is from its 52-week high. A pullback of 3–20% while Stage 2 structure holds is typically a better entry than chasing near the high.
Stage Maturity
Week 10
1w13w26w
Week 10 — early Stage 2, building
How long this stock has been in Stage 2. The sweet spot is mid-run — enough time to prove the structure holds, not so long it's extended. Very fresh (wk 1–4) often needs more time to confirm.
vs 200 DMA
-0.2%
200 DMA: ₹1,517.4 · sloping down
Long-term trend anchor. When stock and Nifty are both above their 200 DMA, the macro backdrop supports continuation.
Rel Volume
0.89x
vs 50-day avg
Low vol (0.5–1x) on pullbacks = resting, not being sold. High vol on breakouts = commitment. Volume spike on down days is a warning sign.
Trend Health
↓
MA20 rolling over · -2.4% vs MA50 +0.6%
Two-layer momentum read: the glyph shows whether the 20-day MA is rising (↑/↗), flat (→), or rolling over (↓). The ⇈ flag fires when the 20-day MA is pulling away from the 50-day MA — short-term momentum building on top of the longer trend. Best when both glyphs agree.
1M
-2.9%
3M
+4.1%
6M
+4.3%
YTD
-7.3%
1Y
+8.0%
Sector
Information Technology
↓ Peaking
Stage 2%
22.4%
20d Δ
-3.7pp
1M return
-4.4%
3M return
+1.2%
Sector Stage-2 % · last 20 days
This stock ranks #22 of 38 Stage 2 stocks in Information Technology by RS.
Industry
IT Services & Consulting
↓ Peaking
Stage 2%
14.6%
20d Δ
-6.1pp
1M return
-4.8%
3M return
+1.5%
Industry Stage-2 % · last 20 days
Ranks #6 of 12 Stage 2 stocks in this industry.
Stage Cycle Timeline2023-07-14 → 2026-10-09
S2 16w
S2 14w
S2 35w
S4 16w
2023-07-142026-10-09
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 16w → S3 7w → S2 14w → S3 10w → S2 35w → S3 6w → S4 10w → S1 5w → S2 4w → S4 1w → S3 1w → S4 16w → S1 1w → S2 10w → S3 3w → S4 9w → S1 10w → S2 9w current
Total tracked: 168 weeks across 18 stage runs.
Scan Membership
Breakout Watch
Latest: 2026-08-05
4 appearances in last 60 days. First seen: 2024-06-11.
Stocks that stay in the scan for 13+ weeks are in the highest observed-return cohort — they keep qualifying because the structure remains intact, not by luck. Persistence in the scan is itself a quality signal.
Recent Stage Timeline
2026-10-09S2
Wk 10 · Vol 0.89x
2026-10-08S2
Wk 9 · Vol 0.70x
2026-10-07S2
Wk 9 · Vol 0.53x
2026-10-06S2
Wk 9 · Vol 1.03x
2026-10-05S2
Wk 9 · Vol 1.45x
2026-10-01S2
Wk 9 · Vol 1.17x
2026-09-30S2
Wk 8 · Vol 1.23x
2026-09-29S2
Wk 8 · Vol 1.42x
2026-09-28S2
Wk 8 · Vol 0.52x
2026-09-25S2
Wk 8 · Vol 0.38x
2026-09-24S2
Wk 8 · Vol 0.69x
2026-09-23S2
Wk 7 · Vol 0.34x
Sector Peers — Stage 2All →
ONEPOINT
wk 3 · 0.0% from hi
9.2
QUADFUTURE
wk 15 · -6.6% from hi
9.0
OPTIEMUS
wk 11 · -8.3% from hi
9.0
CENTUM
wk 29 · -17.2% from hi
8.0
RPTECH
wk 25 · -7.2% from hi
7.9
Moving averages & range
50 DMA
₹1,581.7
200 DMA
₹1,517.4
52W High
₹1,768.4
52W Low
₹1,331.7
5D Low
₹1,491.1
Resistance levels (recent highs)
20d High
₹1,575.9
60d High
₹1,669
120d High
₹1,669
250d High
₹1,768.4
Next resistance
+4.1%
to 20d High
Ask the Market AI about TECHMAsk →
P/E (TTM)
26.9
Forward 17.1
Earnings Growth (YoY)
+15.9%
Revenue +12.6%
ROE
+16.6%
Profit margin +8.5%
Dividend Yield
3.50%
P/B 4.7
About this companyInformation Technology· IT Services & Consulting

Tech Mahindra Limited provides information technology services and solutions in the Americas, Europe, India, and internationally. It operates through Information technology Business and Business Process Services segments. It offers application development maintenance, intelligent automation, testing, performance engineering, cloud consulting, engineering and network, data analytics, and artificial intelligence (AI) services. The company also provides business process services, such as Consulting NXT.NOW, growth accelerators, business-process-as-a-service, service desk, technical assistance, supply chain management, finance and accounting, GIS, analytics, trust and safety, and transformation through technology; customer experience and design services; and cyber security, blockchain, and metaverse services. In addition, it offers ESG consulting and talent pool, energy, resource management, supply chain, and data management and reporting solutions, as well as environment, health, and safety solutions; and digital enterprise applications. Further, the company provides Yantr.ai, a field service management software; Kornea, a cloud-native AI-powered workforce management solution; Populii, an enterprise gig platform; AceFin, an AI-based BPaaS solution; AftEAZE, a digital aftermarket platform; netOps.ai, a cloud platform for telco networks; MobiLytix marketing studio; Epselon automation platform; Entellio, a chatbot platform; Blue Marble solution; and InfoWise for enterprise metadata. It serves banking and financial services; communication; energy and utilities; healthcare and life sciences; hi-tech; insurance; manufacturing; media and entertainment; private equity; oil and gas; professional services; retail and consumer goods; and travel, transportation, hospitality, and logistic sectors. It has a collaboration with NVIDIA Corporation to develop AI powered telco network operations reasoning agent. The company was incorporated in 1986 and is based in Pune, India.

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All analytics based on EOD data. Data as of 2026-10-09. Past data patterns are not indicative of future results. This page is a data analytics tool only.