Market Cap.: ₹ 40,897.77 Cr.
Current Price: ₹ 419.85
Book Value: ₹ 170.94
Stock P/E: 12.92
Dividend Yield: 2.84%
Face Value: ₹ 5.00
52 Week High/Low: ₹ 564.00 / ₹ 405.50
Promoter holding: 36.24%
Debt: ₹ 1,092.00 Cr.
Debt to equity: 0.08
Sales growth 10Years: 27.72%
Profit growth 10Years: 21.39%
OPM 10Year: 18.60%
Current ratio: 2.37
Altman Z Score: 5.88
Return on invested capital: 27.94%
Sales last year: ₹ 26,494.20 Cr.
Total Capital Employed: ₹ 13,246.90 Cr.
Average dividend payout 3years: 25.13%
Average return on equity 10Years: 30.64%
Average return on capital employed 10Years: 43.06%
Cash 3Years back: ₹ 1,451.90 Cr.
Cash end of last year: ₹ 2,393.30 Cr.
Cash beginning of last year: ₹ 1,205.60 Cr.
Dividend Payout: 37.25%
Dividend last year: ₹ 1,161.40 Cr.
Eventhough IT is facing lot of headwinds i believe in the resillience of Indian IT in medium terms definetly. At pe of 12.9 and div yld close to 3% tm looks a value at the moment.
Weekly chart of TechM attached.
The current price has been a strong support level on the Daily, Weekly, and Monthly charts. Coupled with favourable fundamentals, as discussed above, any bounce from here will be a positive indication, with resistance at 480 and 500 levels.
