TECHM.NS Tech Mahindra (NSE) pre-market 24 Feb 2026: INR 1440.90, AI pipeline key
TECHM.NS stock is trading pre-market at INR 1440.90 on 24 Feb 2026, a near-term pullback after recent profit taking. The share price sits below the 50-day average (INR 1626.03) and 200-day average (INR 1548.47), keeping momentum indicators weak. Investors focused on AI services should watch new contracts and margins, as those will drive the next re-rating for Tech Mahindra Limited (TECHM.NS) on the NSE in India. Volume at 2,660,786.00 shares suggests above-average interest ahead of the April earnings season.
TECHM.NS stock snapshot and market data
Tech Mahindra Limited (TECHM.NS) on the NSE opened pre-market at INR 1459.50 with the last trade at INR 1440.90. Day range: INR 1430.00–INR 1470.00, year range: INR 1209.40–INR 1854.00. Market cap is INR 1275927635714.00, shares outstanding 885,507,416.00, volume 2,660,786.00 and average volume 1,983,198.00. Key valuation metrics: EPS 52.16, PE 27.62, price/ book 4.64.
Financials, margins and valuation for TECHM.NS stock
Tech Mahindra reports healthy margins: gross margin 32.98%, operating margin 21.49%, net margin 8.38%. Return on equity is 16.88% and return on assets is 10.09%. Price-to-sales is 2.31 and enterprise value / EBITDA is 15.37, suggesting mid-premium valuation versus some domestic peers. Free cash flow metrics are muted in the dataset but dividend per share is 45.00 and dividend yield is 3.12%, supporting income-focused allocations in India.
AI strategy and sector positioning for TECHM.NS stock
Tech Mahindra sells enterprise and telecom IT services with growing AI, analytics and cloud offerings. Management has highlighted AI-led engagements in recent investor commentary, and that focus is central to the TECHM.NS stock thesis. Against the broader Technology sector in India, which is down ~10.15% YTD, Tech Mahindra’s valuation is lower than top peers on EV/EBITDA but higher on P/B, reflecting growth expectations for specialised AI and telecom engineering services. For sector context see Reuters on Infosys and Investing.com on HCL Tech for peer trends source source.
Technical view, signals and Meyka AI grade for TECHM.NS stock
Technicals show short-term weakness: RSI 25.38 (oversold), MACD histogram negative, Bollinger lower band INR 1402.67. Momentum indicators point to a corrective phase after recent distribution. Meyka AI rates TECHM.NS with a score out of 100: 73.64 (B+, BUY). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Note these grades are not guarantees and we are not financial advisors.
Meyka AI’s forecast, price targets and scenarios for TECHM.NS stock
Meyka AI’s forecast model projects monthly INR 1311.43, quarterly INR 1361.83, and yearly INR 1770.76. Versus the current price INR 1440.90, the yearly projection implies an upside of 22.90%, the quarterly view implies downside of -5.49%, and the monthly view implies downside of -8.99%. Analysts and model scenarios: conservative target INR 1,600.00, base case INR 1,770.76 (Meyka yearly), bull case INR 1,984.69 (3-year model). Forecasts are model-based projections and not guarantees.
Risks, catalysts and trading considerations for TECHM.NS stock
Key upside catalysts: large AI or 5G outsourcing wins, margin expansion, and stronger USD revenue growth. Downside risks: weaker deal closures, margin pressure from wage costs, currency swings, and broader Tech sector weakness in India. Near-term traders should watch the INR 1400.00 support zone and INR 1626.03 50-day resistance. Institutional flows and April earnings announcement on 2026-04-23 are event risks that could shift sentiment quickly.
Final Thoughts
TECHM.NS stock trades pre-market at INR 1440.90 on 24 Feb 2026 and sits in an oversold technical condition while valuation and dividend yield offer a defensive cushion. The investment case now hinges on AI contract execution and margin recovery ahead of the April earnings print. Meyka AI’s forecast model projects a yearly price of INR 1770.76, implying 22.90% upside from the current price, while shorter-horizon models show downside risk to INR 1311.43. Investors seeking exposure to AI-themed IT services should balance the B+ (BUY) grade and dividend income against execution risk and sector volatility. Use staged entries, set stop-loss near INR 1400.00, and monitor deal announcements and the April earnings for confirmation. Forecasts are model-based projections and not guarantees.
FAQs
What is the current price and market status of TECHM.NS stock?
TECHM.NS stock is trading pre-market at INR 1440.90 on 24 Feb 2026. Day range is INR 1430.00–INR 1470.00, volume 2,660,786.00 and market cap INR 1275927635714.00.
How does Meyka AI view TECHM.NS stock?
Meyka AI rates TECHM.NS with a score out of 100: 73.64 (B+, BUY). This factors in benchmark, sector, growth, metrics and analyst views. Grades are informational and not financial advice.
What are the key price targets and Meyka forecasts for TECHM.NS stock?
Meyka AI’s forecast model projects monthly INR 1311.43, quarterly INR 1361.83 and yearly INR 1770.76. Yearly projection implies about 22.90% upside from INR 1440.90. Forecasts are model-based projections and not guarantees.
Which risks should investors watch for TECHM.NS stock?
Watch AI deal execution, margin pressure, currency swings and broader sector weakness. Near-term support is near INR 1400.00 and April earnings on 2026-04-23 are a key catalyst.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.