Tech Mahindra rose 1% to Rs 681.50 at 14:42 IST on BSE, extending recent gains.
Meanwhile, S&P BSE Sensex was up 560.80 points or 1.53% at 37,251.30.
On BSE, 5.71 lakh shares were traded in Tech Mahindra counter, compared to a 2-week average of 5.45 lakh shares. The stock hit an intraday high of Rs 684 and an intraday low of Rs 665.25. It hit a 52-week high of Rs 846 on 2 May 2019 and a 52-week low of Rs 607.90 on 31 July 2019.
Shares of Tech Mahindra jumped 8.93% in five trading sessions to its current market price of Rs 681.50, from a recent closing low of Rs 625.60 on 1 August 2019.
Tech Mahindra's consolidated net profit rose 6.8% to Rs 959.30 crore on a 4.6% increase in net sales to Rs 8,653 crore in Q1 June 2019 compared with Q1 June 2018.
Tech Mahindra is engaged in the business of computer programming, consultancy and related services.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
