ALSO READTech Mahindra Ltd rose for a third straight session today Tech Mahindra nudges higher after posting good Q3 results Mahindra & Mahindra Financial Services Ltd gained for a fifth straight session today Mahindra & Mahindra standalone net profit rises 12.50% in the December 2017 quarter Mahindra & Mahindra schedules board meeting
The stock is quoting at Rs 676, up 0.66% on the day as on 12:49 IST on the NSE. Tech Mahindra Ltd is up 60.21% in last one year as compared to a 14.57% gain in NIFTY and a 31.83% gain in the Nifty IT.
Tech Mahindra Ltd rose for a fifth straight session today. The stock is quoting at Rs 676, up 0.66% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.09% on the day, quoting at 10470.7. The Sensex is at 34123.84, down 0.2%. Tech Mahindra Ltd has added around 10.84% in last one month.
Meanwhile, Nifty IT index of which Tech Mahindra Ltd is a constituent, has added around 6.15% in last one month and is currently quoting at 13260.45, down 0.57% on the day. The volume in the stock stood at 25.08 lakh shares today, compared to the daily average of 26.75 lakh shares in last one month.
The benchmark April futures contract for the stock is quoting at Rs 675.25, up 0.82% on the day. Tech Mahindra Ltd is up 60.21% in last one year as compared to a 14.57% gain in NIFTY and a 31.83% gain in the Nifty IT index.
The PE of the stock is 18.21 based on TTM earnings ending December 17.
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