Tech Mahindra Ltd rose for a third straight session today. The stock is quoting at Rs 1022.5, up 1.25% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.68% on the day, quoting at 16097.9. The Sensex is at 54103.21, up 0.66%. Tech Mahindra Ltd has dropped around 9.05% in last one month. Meanwhile, Nifty FMCG index of which Tech Mahindra Ltd is a constituent, has dropped around 3.9% in last one month and is currently quoting at 28007.6, up 1.12% on the day. The volume in the stock stood at 10.55 lakh shares today, compared to the daily average of 32.38 lakh shares in last one month. The benchmark July futures contract for the stock is quoting at Rs 995.2, up 1.19% on the day. Tech Mahindra Ltd is down 3.55% in last one year as compared to a 2.35% jump in NIFTY and a 1.49% jump in the Nifty FMCG index. The PE of the stock is 20.02 based on TTM earnings ending March 22.
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