Tech Mahindra Ltd is up for a fifth straight session today. The stock is quoting at Rs 1337.65, up 2.26% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.75% on the day, quoting at 22058.55. The Sensex is at 73165.16, up 0.82%. Tech Mahindra Ltd has gained around 3.55% in last one month. Meanwhile, Nifty IT index of which Tech Mahindra Ltd is a constituent, has gained around 4.19% in last one month and is currently quoting at 36521.7, up 1.8% on the day. The volume in the stock stood at 49.5 lakh shares today, compared to the daily average of 20.78 lakh shares in last one month. The benchmark January futures contract for the stock is quoting at Rs 1338.4, up 1.98% on the day. Tech Mahindra Ltd is up 29.31% in last one year as compared to a 23.27% jump in NIFTY and a 27.05% jump in the Nifty IT index. The PE of the stock is 42.59 based on TTM earnings ending September 23.
|