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New Sell Rating for Tech Mahindra Limited (TECHM), the Technology Giant
New Sell Rating for Tech Mahindra Limited (TECHM), the Technology Giant

Business Insider

time05-07-2025

  • Business
  • Business Insider

New Sell Rating for Tech Mahindra Limited (TECHM), the Technology Giant

In a report released today, Manish Adukia from Goldman Sachs maintained a Sell rating on Tech Mahindra Limited, with a price target of INR1,500.00. The company's shares closed today at INR1,655.20. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Adukia is ranked #4248 out of 9663 analysts. In addition to Goldman Sachs, Tech Mahindra Limited also received a Sell from Macquarie's Ravi Menon CFA in a report issued today. However, on July 2, J.P. Morgan maintained a Hold rating on Tech Mahindra Limited (NSE: TECHM).

Citi Remains a Sell on Tech Mahindra Limited (TECHM)
Citi Remains a Sell on Tech Mahindra Limited (TECHM)

Business Insider

time28-06-2025

  • Business
  • Business Insider

Citi Remains a Sell on Tech Mahindra Limited (TECHM)

Citi analyst Surendra Goyal maintained a Sell rating on Tech Mahindra Limited (TECHM – Research Report) yesterday and set a price target of INR1,430.00. The company's shares closed yesterday at INR1,674.40. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Goyal covers the Technology sector, focusing on stocks such as LTIMindtree Limited, Tech Mahindra Limited, and HCL Technologies Limited. According to TipRanks, Goyal has an average return of 0.7% and a 60.00% success rate on recommended stocks. The word on The Street in general, suggests a Hold analyst consensus rating for Tech Mahindra Limited with a INR1,509.15 average price target, which is a -9.87% downside from current levels. In a report released on June 19, Morgan Stanley also downgraded the stock to a Sell with a INR1,575.00 price target.

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