Tech Mahindra share price falls 1.14% to ₹1,558 on September 16
Anupama VM
- 0 min read
Last Updated: 16th September 2026 - 06:41 pm
Key Takeaways
- Tech Mahindra declined ₹17.90 or 1.14% to ₹1,558 after moving through a ₹41 high-low range.
- The closing price fell below the 50-day DMA but remained above both the 100-day and 200-day moving averages.
- Six-month return stood at 16.90%, while the one-year figure was a more modest 2.51%.
Tech Mahindra share price closed September 16 at ₹1,558, down ₹17.90 or 1.14%. The previous close was displayed at ₹1,576. The stock opened at ₹1,578, climbed to ₹1,589 and then fell to ₹1,548. It recovered ₹10 from the session low before the close.
The high-low range was ₹41. Tech Mahindra finished ₹31 below the high and ₹20 under its opening price. Trading volume reached 1,552,218 shares, while market capitalisation stood at ₹1,52,709 crore.
The closing price sat between the moving-average levels. Its 50-day DMA stood at ₹1,567.50, leaving Tech Mahindra ₹9.50 below it. The 100-day DMA was lower at ₹1,538.70, putting the close ₹19.30 higher. The 200-day DMA stood at ₹1,521.80, or ₹36.20 beneath the September 16 final price.
The stock's 52-week range extended from ₹1,304 to ₹1,854. At ₹1,558, the share was ₹254 above the low and ₹296 below the high. The latest price was therefore fairly balanced within the ₹550 annual band in absolute-distance terms.
Returns were positive beyond the one-month period. One month stood at -4.58%. Three months registered 9.29%, while six months increased to 16.90%. The one-year return came in at 2.51%, considerably lower than the six-month figure. That difference amounted to 14.39 percentage points.
September 16 was a negative day despite those positive three-month, six-month and one-year readings. The stock closed below the 50-day DMA but remained above the two longer averages. Its ₹41 session range was also wider than the ₹17.90 headline decline, reflecting the move above the opening price before the stock turned lower.
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