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Tech Mahindra Ltd gained for a third straight session today. The stock is quoting at Rs 1470.65, up 2.79% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 1.02% on the day, quoting at 18525.2. The Sensex is at 61871.8, up 0.92%. Tech Mahindra Ltd has risen around 2.75% in last one month. Meanwhile, Nifty IT index of which Tech Mahindra Ltd is a constituent, has risen around 2.17% in last one month and is currently quoting at 35744.8, up 1.18% on the day. The volume in the stock stood at 20.71 lakh shares today, compared to the daily average of 31.95 lakh shares in last one month. The benchmark October futures contract for the stock is quoting at Rs 1478.1, up 3.13% on the day. Tech Mahindra Ltd is up 78.44% in last one year as compared to a 56.03% spurt in NIFTY and a 69.07% spurt in the Nifty IT index. The PE of the stock is 31.73 based on TTM earnings ending June 21.
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