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Tech Mahindra Ltd gains for fifth straight session

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Capital Market

Tech Mahindra Ltd is quoting at Rs 714, up 0.25% on the day as on 12:44 IST on the NSE. The stock is up 44.53% in last one year as compared to a 4.56% jump in NIFTY and a 30.86% jump in the Nifty IT.

Tech Mahindra Ltd is up for a fifth straight session today. The stock is quoting at Rs 714, up 0.25% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.53% on the day, quoting at 10862.4. The Sensex is at 36213.08, up 0.7%. Tech Mahindra Ltd has slipped around 2.53% in last one month.

 

Meanwhile, Nifty IT index of which Tech Mahindra Ltd is a constituent, has slipped around 1.42% in last one month and is currently quoting at 14851.4, down 0.3% on the day. The volume in the stock stood at 7.22 lakh shares today, compared to the daily average of 28.85 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 714.75, up 0.17% on the day. Tech Mahindra Ltd is up 44.53% in last one year as compared to a 4.56% jump in NIFTY and a 30.86% jump in the Nifty IT index.

The PE of the stock is 17.14 based on TTM earnings ending September 18.

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First Published: Dec 17 2018 | 1:00 PM IST

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