Hot Pursuit     19-Jan-24
Tech Mahindra Ltd gains for third straight session
Tech Mahindra Ltd is quoting at Rs 1379.8, up 1.82% on the day as on 12:49 IST on the NSE. The stock is up 31.85% in last one year as compared to a 19.91% jump in NIFTY and a 25.18% jump in the Nifty IT index.

Tech Mahindra Ltd is up for a third straight session today. The stock is quoting at Rs 1379.8, up 1.82% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.72% on the day, quoting at 21616.75. The Sensex is at 71706.76, up 0.73%. Tech Mahindra Ltd has gained around 10.51% in last one month.

Meanwhile, Nifty IT index of which Tech Mahindra Ltd is a constituent, has gained around 6.4% in last one month and is currently quoting at 36730.5, up 0.64% on the day. The volume in the stock stood at 25.26 lakh shares today, compared to the daily average of 23.73 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 1386.2, up 1.99% on the day. Tech Mahindra Ltd is up 31.85% in last one year as compared to a 19.91% jump in NIFTY and a 25.18% jump in the Nifty IT index.

The PE of the stock is 44.14 based on TTM earnings ending September 23.

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