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Tech Mahindra Ltd gains for third consecutive session

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Capital Market

Tech Mahindra Ltd is quoting at Rs 713.85, up 1.13% on the day as on 12:49 IST on the NSE. The stock is down 4.32% in last one year as compared to a 5.14% spurt in NIFTY and a 4.18% spurt in the Nifty IT index.

Tech Mahindra Ltd gained for a third straight session today. The stock is quoting at Rs 713.85, up 1.13% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.88% on the day, quoting at 11541.4. The Sensex is at 38865.95, up 0.71%. Tech Mahindra Ltd has risen around 5.54% in last one month.

 

Meanwhile, Nifty IT index of which Tech Mahindra Ltd is a constituent, has risen around 2.09% in last one month and is currently quoting at 15379.9, down 0.21% on the day. The volume in the stock stood at 20.16 lakh shares today, compared to the daily average of 30.66 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 715.3, up 1.18% on the day. Tech Mahindra Ltd is down 4.32% in last one year as compared to a 5.14% spurt in NIFTY and a 4.18% spurt in the Nifty IT index.

The PE of the stock is 15.86 based on TTM earnings ending June 19.

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First Published: Sep 26 2019 | 1:05 PM IST

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