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Tech Mahindra Ltd up for a third straight session
11-Jul-18   13:05 Hrs IST

Tech Mahindra Ltd is up for a third straight session in a row. The stock is quoting at Rs 658.45, up 1.18% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.01% on the day, quoting at 10945.95. The Sensex is at 36257.66, up 0.05%. Tech Mahindra Ltd has dropped around 7.14% in last one month.

Meanwhile, Nifty IT index of which Tech Mahindra Ltd is a constituent, has dropped around 4.24% in last one month and is currently quoting at 14222.75, up 1.58% on the day. The volume in the stock stood at 37.6 lakh shares today, compared to the daily average of 35.31 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 646.5, up 1.36% on the day. Tech Mahindra Ltd is up 70.01% in last one year as compared to a 11.51% spurt in NIFTY and a 38.9% spurt in the Nifty IT index.

The PE of the stock is 15.93 based on TTM earnings ending March 18.

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