IT Share की बिक्री के बाद

TECHM

TECHM 100-दिन के EMA के नीचे गिरा; अमेरिकी नीति से बाजार प्रभावित:-

Technical Analysis (Daily Chart)

Tech Mahindra saw a sharp decline today, closing near ₹1505 after a high of ₹1509. The stock broke below its short-term 20 and 50-day EMAs, with bearish momentum confirmed by a falling RSI (around 47). Parabolic SAR dots above recent candles signal a negative bias, and MACD is declining, highlighting weak trend strength. Price failed to sustain above its 100-day and 200-day EMA, confirming resistance near ₹1550, with immediate support at ₹1490–1470 on daily charts. Fundamental Analysis Recent quarterly results showed a YoY PAT jump of 34% and operating margin improvement, but sales and consolidated profit fell sequentially. Tech Mahindra presently has a PE of ~33, EV/EBITDA of 19+ (overvalued compared to peers), and ROE near 15.5%, but operating profit growth was just 6.59% per year (five years). Debt-to-equity (0.15) is low, but profit margins and EPS have weakened recently, signaling fundamental challenges. The company remains a strong IT player but faces pricing and margin pressures in a tough macro environment.