What drove TECHM.NS stock lower on 12 Feb 2026?

TECHM.NS stock fell **6.57%** on profit-taking after recent gains, weaker sector momentum, and a spike in volume to **5,343,493.00**. Short-term technical weakness and repricing of premium tech multiples added selling pressure.

How does valuation look for TECHM.NS stock?

Valuation shows PE **31.39**, PB **5.27**, EV/EBITDA **17.47**, and dividend yield about **2.75%**. These metrics reflect a premium to some peers and require continued AI revenue growth to justify multiples.

What is Meyka AI's view and forecast for TECHM.NS stock?

Meyka AI rates TECHM.NS **73.72/100 (B+, BUY)**. Meyka AI's forecast model projects a one-year target of **INR 1720.37**, implying **11.96%** upside versus **INR 1536.60**. Forecasts are model-based and not guarantees.

Which catalysts should investors watch for TECHM.NS stock?

Watch the Q4 earnings due 23 Apr 2026, AI services contract wins, large telecom deals, and margin trends. Better-than-expected AI revenue or margin expansion would be positive catalysts for TECHM.NS stock.

IN Stocks

TECHM.NS Tech Mahindra (NSE) falls 6.57% to INR 1536.60 on 12 Feb 2026: AI growth outlook tested

ByDanny Kontos February 12, 2026February 12, 2026

TECHM.NS stock closed down 6.57% at INR 1536.60 on 12 Feb 2026 on the NSE in India after a sharp intraday sell-off. The move followed profit-taking from a recent multi-month rally and wider weakness in the technology sector. Volume surged to 5,343,493.00 shares, well above the average of 1,933,126.00, signalling conviction behind the drop. Investors now ask if Tech Mahindra Limited (TECHM.NS) still offers AI-led growth upside or if the pullback exposes valuation risks.