Tech Mahindra Ltd rose for a third straight session today

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Capital Market
Last Updated : May 24 2018 | 1:16 PM IST

The stock is quoting at Rs 707.45, up 1.43% on the day as on 12:59 IST on the NSE. Tech Mahindra Ltd is up 66.07% in last one year as compared to a 10.25% gain in NIFTY and a 27.92% gain in the Nifty IT index.

Tech Mahindra Ltd rose for a third straight session today. The stock is quoting at Rs 707.45, up 1.43% on the day as on 12:59 IST on the NSE. The benchmark NIFTY is up around 0.52% on the day, quoting at 10484.4. The Sensex is at 34561.56, up 0.63%. Tech Mahindra Ltd has added around 3.07% in last one month.

Meanwhile, Nifty IT index of which Tech Mahindra Ltd is a constituent, has added around 1.12% in last one month and is currently quoting at 13464.35, up 2.02% on the day. The volume in the stock stood at 36.11 lakh shares today, compared to the daily average of 27.04 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 707.7, up 1.14% on the day. Tech Mahindra Ltd is up 66.07% in last one year as compared to a 10.25% gain in NIFTY and a 27.92% gain in the Nifty IT index.

The PE of the stock is 19.02 based on TTM earnings ending December 17.

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First Published: May 24 2018 | 1:05 PM IST

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