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Tech Mahindra Ltd spurts 1.14%, rises for third straight session

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Capital Market
Last Updated : Aug 17 2018 | 1:16 PM IST

The stock is quoting at Rs 680.5, up 1.14% on the day as on 12:49 IST on the NSE. Tech Mahindra Ltd is up 58.68% in last one year as compared to a 16.52% gain in NIFTY and a 42.75% gain in the Nifty IT index.

Tech Mahindra Ltd rose for a third straight session today. The stock is quoting at Rs 680.5, up 1.14% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.24% on the day, quoting at 11462.45. The Sensex is at 37934.33, up 0.22%. Tech Mahindra Ltd has added around 5.29% in last one month.

Meanwhile, Nifty IT index of which Tech Mahindra Ltd is a constituent, has added around 3.12% in last one month and is currently quoting at 15009.25, up 0.53% on the day. The volume in the stock stood at 26.91 lakh shares today, compared to the daily average of 33.67 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 682.9, up 1.99% on the day. Tech Mahindra Ltd is up 58.68% in last one year as compared to a 16.52% gain in NIFTY and a 42.75% gain in the Nifty IT index.

The PE of the stock is 15.98 based on TTM earnings ending June 18.

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First Published: Aug 17 2018 | 1:05 PM IST

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