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Tech Mahindra Ltd soars 1.21%, Gains for third straight session

Capital Market 

Tech Mahindra Ltd is quoting at Rs 691, up 1.21% on the day as on 12:54 IST on the NSE. The stock is down 3.83% in last one year as compared to a 6.74% fall in NIFTY and a 3.72% fall in the Nifty IT index.

Tech Mahindra Ltd is up for a third straight session in a row. The stock is quoting at Rs 691, up 1.21% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.34% on the day, quoting at 10778.25. The Sensex is at 36528.67, up 0.15%. Tech Mahindra Ltd has added around 4.63% in last one month.

Meanwhile, Nifty IT index of which Tech Mahindra Ltd is a constituent, has added around 2.91% in last one month and is currently quoting at 15632, up 1.25% on the day. The volume in the stock stood at 41.77 lakh shares today, compared to the daily average of 34.69 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 690.1, up 1.29% on the day. Tech Mahindra Ltd is down 3.83% in last one year as compared to a 6.74% fall in NIFTY and a 3.72% fall in the Nifty IT index.

The PE of the stock is 15.34 based on TTM earnings ending June 19.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, August 23 2019. 13:05 IST
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