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Tech Mahindra Share Price Target 2025, 2026, 2027, 2030

2026-05-04 · 3 min read

Sector - Finance
Tech Mahindra Share Price Target 2025, 2026, 2027, 2030

Swaraj Engines Ltd, a key player in the Indian manufacturing industry, has garnered significant attention due to its consistent performance in the engine manufacturing sector. 

Tech Mahindra Ltd Share Price Target

Founded in 1985, Swaraj Engines Ltd specializes in the design and manufacture of engines primarily for Mahindra & Mahindra’s tractors. It has developed a strong brand reputation for manufacturing reliable and fuel-efficient engines, making it a trusted name among Indian farmers. 

Financial table for Tech Mahindra Ltd

Market Cap₹1,43,336 Cr.(As of April 2026)
Price to Earnings29.80
Return on equity14.6%
Debt to equity0.07
Current ratio1.83
Dividend Yield3.02%
Return on assets9.04%
ROCE18.6%
Face Value₹5.00
52 Week High₹1,854
52 Week Low₹1,304

Tech Mahindra Ltd Shareholding Pattern



Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

Promoters

35.85%

35.67%

35.26%

35.17%

35.08%

35.00%

34.97%

FIIs

39.67%

38.32%

34.27%

26.87%

24.15%

22.95%

18.59%

DIIs

13.20%

14.39%

18.05%

25.68%

29.42%

32.13%

37.34%

Government

0.17%

0.17%

0.17%

0.17%

0.17%

0.17%

0.17%

Public

11.11%

11.36%

12.25%

12.07%

11.16%

9.74%

8.94%

Other

0.01%

0.01%

0.00%

0.00%

0.00%

0.00%

0.00%

No. of Shareholders

4,55,664

5,30,921

7,31,453

9,36,534

8,48,484

7,61,701

7,38,055


Tech Mahindra Ltd Price Target 2026, 2027, 2028 to 2030

YEAR 2026

Target Range (₹) : 1500-2000

for the move Enterprise deals drive moderate growth. Projected Targets:
YEAR 2027

Target Range (₹) : 2100-2400

for the move AI and digital services grow steadily. Projected Targets:
YEAR 2028

Target Range (₹) : 1800-2200

for the move .Digital transformation demand supports steady growth. Projected Targets:
YEAR 2029

Target Range (₹) : 2500-3100

for the move High-margin digital services strengthen valuation. Projected Targets:
YEAR 2030

Target Range (₹) : 2500-3000

for the move Balanced IT services model ensures stable growth.

Historic Performance:

Tech Mahindra Ltd Share Price Target 2020, 2021, 2022, 2023, 2024 & 2025

YEAR 2020

Yearly returns : 27.05%

Start of the year price766.00
End of the year price973.20
Reason : Recovery driven by global digital demand and IT resilience during disruption.
YEAR 2021

Yearly returns : 83.46%

Start of the year price976.00
End of the year price1,790.55
Reason : Massive rally driven by global IT spending boom and digital transformation demand.
YEAR 2022

Yearly returns : -43.38%

Start of the year price1,795.00
End of the year price1,016.40
Reason : Sharp correction due to margin pressure and telecom slowdown.
YEAR 2023

Yearly returns : 25.03%

Start of the year price1,017.90
End of the year price1,272.65
Reason : Recovery driven by stabilization in telecom and improved deal pipeline.
YEAR 2024

Yearly returns : 34.03%

Start of the year price1,273.00
End of the year price1,706.20
Reason : Margin improvement efforts boosted confidence.
YEAR 2025

Yearly returns : -6.45%

Start of the year price1,700.60
End of the year price1,590.90
Reason : Mild correction due to ongoing margin pressure and weak telecom recovery.

Conclusion

Based on its robust fundamentals, market leadership, and stable growth trajectory, Swaraj Engines Ltd presents a compelling investment opportunity for long-term investors, especially those interested in India’s agricultural growth story. In the short term, the stock may experience volatility due to the cyclical nature of the agricultural industry. However, over the long term, Swaraj Engines' growth potential remains strong.


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