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Tech Mahindra Ltd gains for third straight session

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Capital Market

Tech Mahindra Ltd is quoting at Rs 719.1, up 1.4% on the day as on 12:49 IST on the NSE. The stock is up 26.27% in last one year as compared to a 0.01% slide in NIFTY and a 16.7% slide in the Nifty IT index.

Tech Mahindra Ltd gained for a third straight session today. The stock is quoting at Rs 719.1, up 1.4% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.54% on the day, quoting at 10965.5. The Sensex is at 36628.91, up 0.67%. Tech Mahindra Ltd has gained around 3.04% in last one month.

 

Meanwhile, Nifty IT index of which Tech Mahindra Ltd is a constituent, has gained around 5.62% in last one month and is currently quoting at 14892.95, up 1.05% on the day. The volume in the stock stood at 16.72 lakh shares today, compared to the daily average of 20.47 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 719.4, up 1.24% on the day. Tech Mahindra Ltd is up 26.27% in last one year as compared to a 0.01% slide in NIFTY and a 16.7% slide in the Nifty IT index.

The PE of the stock is 17.03 based on TTM earnings ending September 18.

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First Published: Jan 21 2019 | 1:05 PM IST

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