Tech Mahindra Share Price History & Returns (2006 To 2024)
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Show Table of Contents
Table of Contents
- 1: Tech Mahindra Share Highlights
- 1.1: 52-Week High Low
- 1.2: All Time High
- 2: Short Info About Tech Mahindra
- 3: Tech Mahindra Recent Performance
- 4: Tech Mahindra Share Price Chart From 2006 to 2024
- 5: Tech Mahindra Share Price History Table From 2006 to 2024
- 6: Analyzing the Impact of Investing in Tech Mahindra
- 6.1: Tech Mahindra Share Returns In Last 5 Years
- 6.2: Tech Mahindra Share Returns In Last 10 Years
- 6.3: Tech Mahindra Share Returns In Last 15 Years
- 6.4: Tech Mahindra Share VS FD (Normal) VS FD (Compounding)
Tech Mahindra Share Highlights
As of Thu 14 Nov 2024, Tech Mahindra Share price is ₹1,687.5 which is ₹74.34 below 52-week high of ₹1,761.84 and ₹544.00 above 52-week low of ₹1,143.5
52-Week High Low
- Tech Mahindra 52-Week High is ₹1,761.84 occured on Mon 21 Oct 2024
- Tech Mahindra 52-Week Low is ₹1,143.5 occured on Wed 15 Nov 2023
All Time High
- The all-time high or the highest price that Tech Mahindra shares have ever touched was ₹1,838 and this occurred on Thu 30 Dec 2021.
- The highest closing price at which Tech Mahindra shares have ever closed was ₹1,806.09 recorded on Tue 28 Dec 2021.
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Short Info About Tech Mahindra
Tech Mahindra: A Partner of Choice for the Future of Industries
In the last 2 decades, digital transformation has occurred in various sectors. Some companies are involved in helping other companies achieve and keep updating this digital transformation. Tech Mahindra Ltd. is one of the leading IT companies in India that is fulfilling such demands by companies on a global scale.
October 1986: Mahindra British Telecom was incorporated.
February 2006: The company’s name was changed to Tech Mahindra Limited.
August 2006: It was listed on the Indian stock market.
The company was incorporated as a joint venture between Mahindra & Mahindra and British Telecom. It has a presence in various industries, such as media and entertainment, manufacturing, communication, hospitality, logistics, etc. Tech Mahindra has 1295+ clients in 89+ countries.
One of the major events in the history of the company was its acquisition of Satyam Computer Services Ltd. Satyam Computers was hit by a massive accounting fraud in 2009. Tech Mahindra emerged as the highest bidder for Satyam, acquired it in 2009, and renamed it Satyam Mahindra. Later, Satyam Mahindra was merged with it in 2013. The company has also received several awards for its excellence in service delivery, quality, innovation, sustainability, and social responsibility.
If the story of the automotive vehicles and equipment manufacturing company to one of the leading IT service providers astonished you, then let us dive into the captivating share price history of Tech Mahindra that reflects its growth journey.
Tech Mahindra Recent Performance
Over the past 24 trading days, the value of Tech Mahindra's stock has increased by ₹40.45 (+2.46%). On 11 Oct 2024, its one share was worth ₹1647.05 and by 14 Nov 2024, the value jumped to ₹1687.50. During this period it created a highest high of ₹1761.84 and lowest low of ₹1595.55.
Below Image represents line chart of daily close price of Tech Mahindra, helping you visualize how the price has changed day by day.
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Tech Mahindra Share Price Chart From 2006 to 2024
Tech Mahindra Share Price History Table From 2006 to 2024
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| Year | Tech Mahindra | YOY Chg% | ↑High - ↓Low |
|---|---|---|---|
| 2006 | ₹825.14 | - | ↑ ₹861 ↓ ₹261 |
| 2007 | ₹559.29 | -32.3% | ↑ ₹1012 ↓ ₹481 |
| 2008 | ₹122.35 | -78.2% | ↑ ₹568 ↓ ₹106 |
| 2009 | ₹489.41 | 300% | ↑ ₹530 ↓ ₹100 |
| 2010 | ₹347.02 | -29.1% | ↑ ₹572 ↓ ₹296 |
| 2011 | ₹138.86 | -60% | ↑ ₹374 ↓ ₹127 |
| 2012 | ₹217.48 | 56.6% | ↑ ₹243 ↓ ₹137 |
| 2013 | ₹429.18 | 97.3% | ↑ ₹437 ↓ ₹209 |
| 2014 | ₹605.12 | 40.9% | ↑ ₹640 ↓ ₹391 |
| 2015 | ₹487.17 | -19.5% | ↑ ₹700 ↓ ₹428 |
| 2016 | ₹461.94 | -5.2% | ↑ ₹526 ↓ ₹380 |
| 2017 | ₹476.26 | 3% | ↑ ₹488 ↓ ₹338 |
| 2018 | ₹681.61 | 43.1% | ↑ ₹737 ↓ ₹472 |
| 2019 | ₹720.84 | 5.7% | ↑ ₹799 ↓ ₹574 |
| 2020 | ₹937.25 | 30% | ↑ ₹950 ↓ ₹444 |
| 2021 | ₹1764.88 | 88.3% | ↑ ₹1811 ↓ ₹881 |
| 2022 | ₹1016.50 | -42.5% | ↑ ₹1791 ↓ ₹930 |
| 2023 | ₹1272.65 | 25.1% | ↑ ₹1333 ↓ ₹981 |
| 2024 | ₹1687.50 | 32.5% | ↑ ₹1692 ↓ ₹1663 |
Analyzing the Impact of Investing in Tech Mahindra
Tech Mahindra Shares price in the year 2006 was ₹825.14. If you had invested ₹10,000 in Tech Mahindra Shares in 2006, in 18 years, your investment would have grown to ₹20,451 by the end of 2024. This represents a positive return of 104.5% from 2006 to 2024, with a compound annual growth rate (CAGR) of 4%.
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Also Read: Grasim Industries Year Wise Share Price History From IPO to 2024
Tech Mahindra Share Returns In Last 5 Years
- Its highest share price in the last 5 years was: ₹1,811.4 and lowest was: ₹444.5
- Tech Mahindra Shares price in 2019 was ₹720.84
- By 2024, its share price rose to ₹1,687.5
- It gave a positive return of over 134% with a CAGR of 18.5% over the last 5 years
- If you had invested ₹10,000 in Tech Mahindra in 2019 then in 5 years, your investment would have grown to ₹23,410 by 2024, which is 2.34 times of your initial investment.
Tech Mahindra Share Returns In Last 10 Years
- Its highest share price in the last 10 years was: ₹1,811.4 and lowest was: ₹338.02
- Tech Mahindra Shares price in 2014 was ₹605.12
- By 2024, its share price rose to ₹1,687.5
- It gave a positive return of over 178% with a CAGR of 10.8% over the last 10 years
- If you had invested ₹10,000 in Tech Mahindra in 2014 then in 10 years, your investment would have grown to ₹27,887 by 2024, which is 2.78 times of your initial investment.
Tech Mahindra Share Returns In Last 15 Years
- Its highest share price in the last 15 years was: ₹1,811.4 and lowest was: ₹100.64
- Tech Mahindra Shares price in 2009 was ₹489.41
- By 2024, its share price rose to ₹1,687.5
- It gave a positive return of over 244% with a CAGR of 8.6% over the last 15 years
- If you had invested ₹10,000 in Tech Mahindra in 2009 then in 15 years, your investment would have grown to ₹34,480 by 2024, which is 3.44 times of your initial investment.
Tech Mahindra Share VS FD (Normal) VS FD (Compounding)
You might wonder which option is better: shares, fixed deposits (FDs) or compounding FDs. Let’s compare them and see how they differ.
- Shares: Units of ownership in a company can benefit from its profits or losses.
- FDs: Deposits you make with a bank or a financial institution for a fixed time and at a fixed interest rate.
- Compounding FDs: Similar to FDs but with one difference: the interest is reinvested into the principal amount instead of being paid out.
If you invested ₹10,000 rupees each in these 3 options in :
| Year | Tech Mahindra Investment | FD Normal Investment | FD Compond Investment |
|---|---|---|---|
| 2006 | ₹10,000 | ₹10,000 | ₹10,000 |
Then today, your investment would have become this much in each option: | |||
| 2024 | ₹20,217.71 | ₹20,800 | ₹28,543.39 |
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For more insights into Tech Mahindra, explore these additional resources:-
- Tech Mahindra Price Target Tomorrow
- Tech Mahindra Price Long Term Target
- Tech Mahindra Dividend History
- Tech Mahindra Bonus History
- Tech Mahindra Split History
Reference:
- Wikipedia Tech Mahindra – Wiki
- Economic times Tech Mahindra company history
- Tech Mahindra Limited Tech Mahindra – About company
