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Tech Mahindra Ltd up for third straight session

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Capital Market

Tech Mahindra Ltd is quoting at Rs 1583.55, up 2.73% on the day as on 12:54 IST on the NSE. The stock is up 74.27% in last one year as compared to a 30.84% jump in NIFTY and a 58.98% jump in the Nifty IT index.

Tech Mahindra Ltd is up for a third straight session today. The stock is quoting at Rs 1583.55, up 2.73% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 1.03% on the day, quoting at 17157.9. The Sensex is at 57714.96, up 1.14%. Tech Mahindra Ltd has gained around 6.24% in last one month.

 

Meanwhile, Nifty IT index of which Tech Mahindra Ltd is a constituent, has gained around 0.87% in last one month and is currently quoting at 35043.75, up 1.25% on the day. The volume in the stock stood at 20.13 lakh shares today, compared to the daily average of 23.56 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 1588.6, up 2.64% on the day. Tech Mahindra Ltd is up 74.27% in last one year as compared to a 30.84% jump in NIFTY and a 58.98% jump in the Nifty IT index.

The PE of the stock is 30.09 based on TTM earnings ending September 21.

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First Published: Dec 01 2021 | 1:05 PM IST

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