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Tech Mahindra Ltd is up for a third straight session in a row

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Capital Market
Last Updated : May 31 2018 | 1:16 PM IST

The stock is quoting at Rs 709.65, up 3.26% on the day as on 12:59 IST on the NSE. Tech Mahindra Ltd is up 78.44% in last one year as compared to a 10.87% spurt in NIFTY and a 28.85% spurt in the Nifty IT index.

Tech Mahindra Ltd is up for a third straight session in a row. The stock is quoting at Rs 709.65, up 3.26% on the day as on 12:59 IST on the NSE. The benchmark NIFTY is up around 0.44% on the day, quoting at 10661.05. The Sensex is at 35061.2, up 0.44%. Tech Mahindra Ltd has risen around 7.11% in last one month.

Meanwhile, Nifty IT index of which Tech Mahindra Ltd is a constituent, has risen around 0.93% in last one month and is currently quoting at 13557.7, up 0.5% on the day. The volume in the stock stood at 30.3 lakh shares today, compared to the daily average of 31.02 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 709, up 3.48% on the day. Tech Mahindra Ltd is up 78.44% in last one year as compared to a 10.87% spurt in NIFTY and a 28.85% spurt in the Nifty IT index.

The PE of the stock is 16.82 based on TTM earnings ending March 18.

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First Published: May 31 2018 | 1:05 PM IST

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