{"id":947570,"date":"2025-07-18T06:44:29","date_gmt":"2025-07-18T01:14:29","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=947570"},"modified":"2025-07-18T06:59:11","modified_gmt":"2025-07-18T01:29:11","slug":"rich-valuations-could-be-a-drag-on-tech-mahindra-stock-analysts","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/07\/18\/rich-valuations-could-be-a-drag-on-tech-mahindra-stock-analysts\/","title":{"rendered":"Rich valuations could be a drag on Tech Mahindra stock: Analysts"},"content":{"rendered":"<p>Mumbai: Tech Mahindra dropped 2.7% on Thursday, emerging as the biggest Nifty loser, after the company&#8217;s first-quarter results fell short of expectations. The stock closed at \u20b91,564.2. <\/p>\n<p>Analysts said management expects FY27 revenue growth above peers and a pickup from next quarter, but remain divided over the stock&#8217;s prospects citing rich valuations. JP Morgan said the stock is at 25 times estimated price to earnings (PE) ratio, which is at a premium to peers and &#8216;bakes in&#8217; the margin improvement. The brokerage has a &#8216;neutral&#8217; rating on the stock and a target price of \u20b91,550, implying a downside potential of 0.9% from Thursday&#8217;s close.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: Tech Mahindra dropped 2.7% on Thursday, emerging as the biggest Nifty loser, after the company&#8217;s first-quarter results fell short of expectations. The stock closed at \u20b91,564.2. Analysts said management expects FY27 revenue growth above peers and a pickup from next quarter, but remain divided over the stock&#8217;s prospects citing rich valuations. JP Morgan said the stock is at 25 times estimated price to earnings (PE) ratio, which is at a premium to peers and &#8216;bakes in&#8217; the margin improvement. The brokerage has a &#8216;neutral&#8217; rating on the stock and a target price of \u20b91,550, implying a downside potential of [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-947570","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/947570","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=947570"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/947570\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=947570"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=947570"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=947570"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}