- Price is above the Trend Line, keeping the weekly tape constructive.
- Price is above Fair Value, showing premium demand versus the model.
- Activity pressure is positive on the latest completed week.
- Volume is elevated versus the 13-week average, confirming attention.
TECHM
NSI
Week ended 07 Aug 2026
Weekly Investor Report
Tech Mahindra Limited · Technology · Information Technology Services
Latest close
1,635 INR
-1.0%
latest week
Weekly setup
Mixed setup
The weekly trend is not active. Price is 11.0% above the Trend Line and sits at 60.9% of its 52-week range. The latest completed week returned -1.0%, after a 12.4% four-week move. The latest factor snapshot indicates quality ranks strongly versus its universe; growth is moderate; valuation is neither clearly cheap nor expensive. The latest news-sentiment score is 49/100.
Setup score
64
out of 100
Latest Close
1,635 INR
7 Aug 2026
1W Return
-1.0%
latest completed week
4W Return
12.4%
short-term follow-through
12W Return
22.4%
quarterly tape
Trend Breadth
15.4%
8 of 52 weeks active
Volume Ratio
1.9x
vs 13-week average
- The trend backdrop is inactive, so price action has not confirmed a constructive regime.
- Activity pressure is weak, so confirmation is not yet broad enough.
- 2 reversal markers appear in the recent smart-money tape.
- Trend Line remains the key weekly regime level.
- Activity pressure is the gauge to monitor for confirmation or fade.
- A volume ratio above 1.5x would show stronger participation in the next move.
Price follow-through
-1.0%
Latest completed week; four-week move 12.4%.
Indicator stack
8/100
Trend and activity pressure are weighted against the latest 12-week confirmation window.
Trend backdrop
Active
The trend backdrop defines the current weekly regime.
Patient Capital
Quiet
Activity-pressure buy-signal status for institutional accumulation timing.
News sentiment
49/100
18 relevant articles in the latest sentiment read.
01 · Price action
Study the full chart
Where price is—and whether the trend supports it
The weekly trend is not active. Price is 11.0% above the Trend Line and sits at 60.9% of its 52-week range. The latest completed week returned -1.0%, after a 12.4% four-week move.
52-week price path
Price vs Trend Line and Fair Value
Price
Trend Line
Fair Value
02 · Volume and demand
Is real participation confirming the move?
Latest weekly volume is 1.9x the 13-week average. Participation is unusually strong and confirms that the move is attracting attention.
26-week volume confirmation
Bar height shows volume; colour shows the weekly price direction
13 Feb
20 Feb
27 Feb
6 Mar
13 Mar
20 Mar
27 Mar
3 Apr
10 Apr
17 Apr
24 Apr
1 May
8 May
15 May
22 May
29 May
5 Jun
12 Jun
19 Jun
26 Jun
3 Jul
10 Jul
17 Jul
24 Jul
31 Jul
7 Aug
Up week
Down week
Demand beneath price
Activity pressure and institutional-style signals
These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.
Activity pressure path
Latest 0.3312-week average 0.11
12-week confirmation
Trend active0/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure7/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership7/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.33Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers22 reversal markers
No recent accumulation markers. 2 reversal markers.
03 · Momentum and leadership
Is performance persistent—and is the stock leading?
Performance is 12.4% over four weeks, 22.4% over 12 weeks, and 11.6% over one year. The current trend has remained active for 0 consecutive weeks.
Performance by holding period
Active trend streak0 weeks
Active weeks in one year8
Trend breadth15.4%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure1.57Latest activity-pressure read.
Pressure change2851.7%Four-week change in activity pressure.
Leadership11.16Latest relative-leadership reading.
RS change783.2%Four-week change in relative leadership.
04 · Fundamentals and valuation
Open full factor analysis
What investors are paying for—and the quality behind it
The latest factor snapshot indicates quality ranks strongly versus its universe; growth is moderate; valuation is neither clearly cheap nor expensive.
Factor week 09 Aug 2026
Financial statements through 31 Mar 2026
Field coverage 94%
Model confidence 88%
Relative factor standing
Higher display scores are better. Each score is converted from the underlying universe rank, where rank 1 is best.
Overall factor strength88/100Blend of value, momentum, and quality. Underlying universe rank 13; rank 1 is best.
Value62/100Relative valuation strength. Underlying universe rank 39; rank 1 is best.
Quality90/100Profitability and accounting quality. Underlying universe rank 11; rank 1 is best.
Momentum71/100Medium-term price momentum. Underlying universe rank 30; rank 1 is best.
Growth32/100Revenue and earnings growth. Underlying universe rank 69; rank 1 is best.
Quality and valuation are separate questions
A strong company can still carry a demanding valuation. This report shows profitability, growth, balance-sheet strength, and the price paid for those characteristics separately.
Value-quality framework72/100Value and quality alignment from the Sharemaestro SVQF framework.
Valuation
How much investors are paying for earnings, sales, and cash flow.
- P/E
- 30.1x Price divided by trailing earnings.
- Price / sales
- 2.5x Market value relative to trailing revenue.
- EV / EBITDA
- 16.2x Enterprise value relative to operating cash earnings.
- Free-cash-flow yield
- 3.8% Free cash flow as a share of enterprise value.
Business quality
Margins and the return generated on invested capital.
- Gross margin
- 28.2% Gross profit retained from each unit of revenue.
- Operating margin
- 13.0% Operating profit retained from revenue.
- Free-cash-flow margin
- 9.6% Free cash flow generated from revenue.
- Return on invested capital
- 20.7% Operating return generated on invested capital.
Growth and financial strength
Recent business growth and accounting strength.
- Revenue growth
- 7.2% Latest one-year revenue growth.
- EPS growth
- 13.0% Latest one-year earnings-per-share growth.
- Free-cash-flow growth
- 5.5% Latest one-year free-cash-flow growth.
- Piotroski F-score
- 6/9 Nine-point accounting-strength checklist.
Shareholder return and balance sheet
Cash returned to owners and financial leverage.
- Dividend yield
- 3.1% Cash dividends relative to market value.
- Buyback yield
- -0.0% Net share repurchases relative to market value.
- Shareholder yield
- 3.1% Dividend yield plus net buyback yield.
- Net debt / EBITDA
- -0.3x Balance-sheet debt relative to operating cash earnings.
05 · Ownership, options, and sentiment
What other market participants are doing
Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.
Insider activity-
No recent insider transactions are stored for this company.
News sentiment49/100
Weighted news tone is neutral across 18 relevant articles.
6 positive · 10 neutral · 2 negativePatient CapitalQuiet
Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal
06 · Catalysts and risk
What can move the shares—and how volatile the path has been
Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.
Next earnings-No event is currently stored.
Options expected move-Nearest-chain priced movement where available.
52-week drawdown-11.8%Distance below the 52-week high.
13-week volatility3.8%Standard deviation of weekly returns.
Weekly gains and losses
Latest 26 completed weeksEach bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.
13 Feb
13 Mar
10 Apr
8 May
5 Jun
3 Jul
7 Aug
Weeks higher13 of 2613 weeks finished lower.
Best week+8.1%Week of 17 Jul.
Worst week-10.1%Week of 24 Apr.
Latest week-1.0%Week of 7 Aug.
Shape of recent returns
Strong gains5
Modest gains8
Flat weeks0
Modest losses8
Sharp losses5
Recent vol3.8%13-week weekly-return volatility.
Base vol3.9%52-week weekly-return volatility.
Up/down split28/24Count of positive and negative weeks in the 52-week window.
Average skew3.0% / -2.9%Average positive week versus average negative week.
07 · Sector and peer context
Is this stock leading—or simply moving with its group?
Sector and industry breadth distinguish company-specific strength from a broad group move.
SectorIN Technology
4-week rank19 / 100
Group average3.4%
Trend breadth58.0%
Trend58.0%active weekly trend signals
MD74.0%positive activity pressure
RS48.0%positive relative leadership
Four-week leaders
IndustryIN Information Technology Services
4-week rank12 / 67
Group average4.2%
Trend breadth34.3%
Trend34.3%active weekly trend signals
MD67.2%positive activity pressure
RS32.8%positive relative leadership
Four-week leaders
08 · Evidence and weekly data
The underlying research record
Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.
Weekly tape56/100
Trend, activity pressure, participation, and risk combine to a 56/100 tape read.
Indicator analysis34/100Latest 12-week confirmation: trend 0/12, activity pressure 7/12, relative leadership 7/12.
Activity pressure 0.33; 2 reversal markers Factors78/100O'Shaughnessy factor stack blends value, quality, momentum, and confidence.
Buyback Yield rank 66 SVQF72/100Value and quality alignment from the Sharemaestro SVQF framework.
Composite rank 438.5 of 1576 Patient CapitalQuietActivity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal Sentiment49/100Weighted news tone is neutral across 18 relevant articles.
Tech Mahindra to Participate in Two Investor Conferences in Mumbai on 12-13 August 2026 Insiders50/100No recent insider transaction evidence is stored.
Earnings50/100No stored earnings event is currently attached to this ticker.
| Week | Close | Return | Trend Line | Fair Value | Pressure | Leadership | Volume | Trend |
|---|---|---|---|---|---|---|---|---|
| 7 Aug 2026 | 1,635 INR | -1.0% | 1,473 INR | 1,419 INR | 1.57 | 11.16 | 17.9M | Off |
| 31 Jul 2026 | 1,651 INR | 5.9% | 1,472 INR | 1,415 INR | 1.26 | 13.36 | 16.3M | Off |
| 24 Jul 2026 | 1,560 INR | -0.9% | 1,470 INR | 1,412 INR | 0.78 | 10.18 | 9.6M | Off |
| 17 Jul 2026 | 1,573 INR | 8.1% | 1,472 INR | 1,408 INR | 0.47 | 8.80 | 19.7M | Off |
| 10 Jul 2026 | 1,455 INR | 3.2% | 1,473 INR | 1,406 INR | 0.05 | 1.26 | 9.8M | Off |
| 3 Jul 2026 | 1,410 INR | 0.7% | 1,478 INR | 1,403 INR | -0.10 | -2.20 | 2.8M | Off |
| 26 Jun 2026 | 1,401 INR | 2.0% | 1,483 INR | 1,401 INR | -0.04 | -2.18 | 0 | Off |
| 19 Jun 2026 | 1,374 INR | -1.4% | 1,487 INR | 1,399 INR | 0.04 | -4.05 | 5.9M | Off |
| 12 Jun 2026 | 1,393 INR | -3.7% | 1,490 INR | 1,396 INR | 0.11 | -1.37 | 2.5M | Off |
| 5 Jun 2026 | 1,446 INR | -0.0% | 1,491 INR | 1,394 INR | -0.02 | 3.29 | 2.2M | Off |
| 29 May 2026 | 1,446 INR | 4.3% | 1,489 INR | 1,391 INR | -0.24 | 2.55 | 8.4M | Off |
| 22 May 2026 | 1,386 INR | 3.8% | 1,489 INR | 1,388 INR | -0.41 | -2.44 | 16.8M | Off |
| 15 May 2026 | 1,336 INR | -6.3% | 1,491 INR | 1,386 INR | -0.53 | -5.78 | 12.6M | Off |
| 8 May 2026 | 1,426 INR | -0.7% | 1,494 INR | 1,383 INR | -0.51 | -1.84 | 5.6M | Off |
How to use this report
This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.