Tech Mahindra Ltd is up for a third straight session in a row. The stock is quoting at Rs 1056.45, up 3.2% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.55% on the day, quoting at 18163.9. The Sensex is at 61417.84, up 0.5%. Tech Mahindra Ltd has slipped around 4.24% in last one month. Meanwhile, Nifty FMCG index of which Tech Mahindra Ltd is a constituent, has slipped around 2.04% in last one month and is currently quoting at 27708.2, up 1.22% on the day. The volume in the stock stood at 34.55 lakh shares today, compared to the daily average of 23.35 lakh shares in last one month. The benchmark May futures contract for the stock is quoting at Rs 1061.35, up 3.08% on the day. Tech Mahindra Ltd is down 12.89% in last one year as compared to a 8.91% gain in NIFTY and a 8.92% gain in the Nifty FMCG index. The PE of the stock is 26.4 based on TTM earnings ending March 23.
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