Tech Mahindra
End-of-day close · 4 Sept 2026
The range ahead
Computed from the close of ₹1,596.90 on 4 SepRanges like this held 80.4% of the time across 291 past forecasts
Ranges like this held 81.2% of the time across 287 past forecasts
Not a price target. The range comes from historical volatility; direction is not forecast.
Recent closes
52-week range
13.9% below its high · 22.5% above its low
Tech Mahindra closed down 0.07% on 4 Sep 2026
A third consecutive down day, but the quietest one of the streak — volume ran at roughly half the 20-day average, suggesting drift rather than heavy selling. None of the momentum gauges suggest a directional push: RSI sits near the midpoint, MACD remains marginally negative, and ADX near 15 confirms there is no established trend either way. The close still holds about 2% above the 50-day average, though the 20-day average overhead has capped the last three sessions. With the stock roughly 14% off its 52-week high yet 22% above its 52-week low, the posture is one of sideways consolidation — a pause, not a breakdown. Past performance is not indicative of future results.
The session
₹1,596.90 — that's where Tech Mahindra ended the day, roughly halfway through a session that ran from ₹1,586.90 to ₹1,623.40. Volume told a quieter story: 11,73,518 shares changed hands, just 0.5× the 20-day average. Participation was well below normal.
Trend structure
Above the 50-day and 200-day averages, below the 20-day — the close sits on both sides of the fence, which is what a mixed structure looks like. The 200-day average is ₹1,515.42, and the close holds above it. As for trend strength, ADX (14) reads 15.4, and by that measure there is no trend of any strength here. A ranging market.
Momentum
The gauges can't agree, and in a market without a clear direction that's the usual story. RSI (14) is 49.2, sitting between the conventional oversold and overbought thresholds. The MACD histogram is negative — a statement about where the shorter average stands relative to the longer one, nothing more, and nothing about the next session.
Volatility and range
A typical day for this stock has recently been ₹36.46 in size — that's the 14-session average true range, or 2.28% of price, and it's the yardstick against which today's move should be judged. The 20-day volatility band ran from ₹1,564.22 to ₹1,657.02. The close landed in the middle.
The year so far
The past year has taken this stock from ₹1,304.10 to ₹1,854.00. The close now sits 13.87% below that 52-week high and 22.45% above the 52-week low. Two horizons, same direction: the change over five sessions is 2.68%, and over twenty it's 2.33%.
Fundamentals as reported
Market capitalisation stands at 1,42,071 crore, and the stock belongs to the Technology sector (Information Technology Services). As reported, the price-to-earnings ratio is 28.0 and price-to-book is 4.8 — reported figures, not a verdict on whether they're justified. The same filing set shows a debt-to-equity ratio of 7.3 and a dividend yield of 3.11%.
How often our range has been right
This page publishes a 1-day range, not a price call — and the range gets scored against what actually happened. Across 290 resolved 1-day ranges for this stock, the close landed inside the 20.0% range 80.34% of the time. Measured against a naive benchmark over the same window, the range did better. A number below the nominal rate would mean the ranges have been too narrow; above it, too wide. Both outcomes show up here, not just in an internal report.
Company Events
Dividend - Rs 36 Per Share
Interim Dividend - Rs 15 Per Share
Dividend - Rs 30 Per Share
Source: NSE public corporate announcements. Factual only — no interpretation or recommendation.
Earlier sessions
- 3 Sept 2026
- 2 Sept 2026
- 1 Sept 2026
- 31 Aug 2026
- 28 Aug 2026
- 27 Aug 2026
- 26 Aug 2026
- 25 Aug 2026
- 24 Aug 2026
- 21 Aug 2026
- 20 Aug 2026
- 19 Aug 2026
- 18 Aug 2026
- 17 Aug 2026
- 14 Aug 2026
- 13 Aug 2026
- 12 Aug 2026
- 11 Aug 2026
- 10 Aug 2026
- 7 Aug 2026
- 6 Aug 2026
- 5 Aug 2026
- 4 Aug 2026
- 3 Aug 2026
- 31 Jul 2026
- 30 Jul 2026
- 29 Jul 2026
- 28 Jul 2026
- 27 Jul 2026
- 24 Jul 2026
What we said, what happened
Weekly · Next 5 sessions · 33 of 40 inside the range- 6 Jul: range ₹1,330.98 to ₹1,483.49, actual ₹1,504.50 — outside the range
- 7 Jul: range ₹1,366.06 to ₹1,541.19, actual ₹1,484.30 — inside the range
- 8 Jul: range ₹1,346.77 to ₹1,518.17, actual ₹1,498.70 — inside the range
- 9 Jul: range ₹1,350.15 to ₹1,512.72, actual ₹1,510.30 — inside the range
- 10 Jul: range ₹1,382.35 to ₹1,535.26, actual ₹1,572.90 — outside the range
- 13 Jul: range ₹1,415.55 to ₹1,593.53, actual ₹1,576.40 — inside the range
- 14 Jul: range ₹1,407.81 to ₹1,572.39, actual ₹1,576.30 — outside the range
- 15 Jul: range ₹1,403.04 to ₹1,591.57, actual ₹1,560.60 — inside the range
- 16 Jul: range ₹1,428.67 to ₹1,601.40, actual ₹1,555.80 — inside the range
- 17 Jul: range ₹1,480.59 to ₹1,673.40, actual ₹1,559.50 — inside the range
- 20 Jul: range ₹1,490.69 to ₹1,667.94, actual ₹1,575.00 — inside the range
- 21 Jul: range ₹1,499.13 to ₹1,663.96, actual ₹1,635.20 — inside the range
- 22 Jul: range ₹1,486.40 to ₹1,647.60, actual ₹1,644.20 — inside the range
- 23 Jul: range ₹1,479.70 to ₹1,637.23, actual ₹1,669.00 — outside the range
- 24 Jul: range ₹1,483.79 to ₹1,643.99, actual ₹1,651.30 — outside the range
- 27 Jul: range ₹1,494.98 to ₹1,655.65, actual ₹1,649.00 — inside the range
- 28 Jul: range ₹1,548.91 to ₹1,736.66, actual ₹1,648.50 — inside the range
- 29 Jul: range ₹1,557.52 to ₹1,732.20, actual ₹1,650.00 — inside the range
- 30 Jul: range ₹1,580.73 to ₹1,762.74, actual ₹1,632.20 — inside the range
- 31 Jul: range ₹1,573.90 to ₹1,735.45, actual ₹1,635.00 — inside the range
- 3 Aug: range ₹1,565.21 to ₹1,732.94, actual ₹1,640.00 — inside the range
- 4 Aug: range ₹1,576.67 to ₹1,723.08, actual ₹1,643.00 — inside the range
- 5 Aug: range ₹1,579.15 to ₹1,729.60, actual ₹1,625.00 — inside the range
- 6 Aug: range ₹1,564.26 to ₹1,705.59, actual ₹1,639.00 — inside the range
- 7 Aug: range ₹1,573.30 to ₹1,702.65, actual ₹1,632.80 — inside the range
- 10 Aug: range ₹1,579.26 to ₹1,711.82, actual ₹1,610.00 — inside the range
- 11 Aug: range ₹1,586.18 to ₹1,708.71, actual ₹1,592.00 — inside the range
- 12 Aug: range ₹1,570.79 to ₹1,691.18, actual ₹1,589.80 — inside the range
- 13 Aug: range ₹1,580.99 to ₹1,696.37, actual ₹1,592.10 — inside the range
- 14 Aug: range ₹1,578.87 to ₹1,692.07, actual ₹1,584.00 — inside the range
- 17 Aug: range ₹1,557.06 to ₹1,670.30, actual ₹1,584.00 — inside the range
- 18 Aug: range ₹1,541.55 to ₹1,649.33, actual ₹1,599.90 — inside the range
- 19 Aug: range ₹1,542.78 to ₹1,638.28, actual ₹1,571.00 — inside the range
- 20 Aug: range ₹1,545.31 to ₹1,641.83, actual ₹1,585.00 — inside the range
- 21 Aug: range ₹1,542.84 to ₹1,629.94, actual ₹1,640.90 — outside the range
- 24 Aug: range ₹1,536.83 to ₹1,630.03, actual ₹1,628.00 — inside the range
- 25 Aug: range ₹1,560.88 to ₹1,648.13, actual ₹1,638.00 — inside the range
- 26 Aug: range ₹1,526.36 to ₹1,613.73, actual ₹1,623.00 — outside the range
- 27 Aug: range ₹1,543.38 to ₹1,632.75, actual ₹1,598.00 — inside the range
- 28 Aug: range ₹1,593.51 to ₹1,702.88, actual ₹1,596.90 — inside the range
Shaded band = the range we published · dot = where the actual close fell within it
Where outcomes fell inside the range
Calibration
291 resolved forecasts
287 resolved forecasts
Each forecast was built only from data available on its own date — no hindsight. The range comes from historical volatility; direction is not forecast.
Recent change
| 5-day change | -2.68% |
|---|---|
| 20-day change | -2.33% |
Trend
| 50-DMAaverage closing price of the last 50 sessions | ₹1,563.94 |
|---|---|
| 200-DMAaverage closing price of the last 200 sessions | ₹1,515.42 |
Momentum
| MACD histogramthe gap between two moving averages of price | -3.66 |
|---|
Volume & volatility
| Volume | 11,73,518 |
|---|---|
| ATR (14)the average distance the price moves in a day | ₹36.46 |
Computed from public end-of-day exchange prices. No personal or account data of any kind.