Hot Pursuit     25-Oct-23
Tech Mahindra Ltd eases for fifth straight session
Tech Mahindra Ltd is quoting at Rs 1151.4, down 0.39% on the day as on 13:19 IST on the NSE. The stock jumped 7.02% in last one year as compared to a 7.84% rally in NIFTY and a 7.07% spurt in the Nifty FMCG index.

Tech Mahindra Ltd fell for a fifth straight session today. The stock is quoting at Rs 1151.4, down 0.39% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.8% on the day, quoting at 19127.55. The Sensex is at 64031.94, down 0.84%.Tech Mahindra Ltd has lost around 10.21% in last one month.Meanwhile, Nifty FMCG index of which Tech Mahindra Ltd is a constituent, has eased around 5.79% in last one month and is currently quoting at 30848.4, down 0.83% on the day. The volume in the stock stood at 7.7 lakh shares today, compared to the daily average of 23.03 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 1146.7, down 0.75% on the day. Tech Mahindra Ltd jumped 7.02% in last one year as compared to a 7.84% rally in NIFTY and a 7.07% spurt in the Nifty FMCG index.

The PE of the stock is 33.17 based on TTM earnings ending June 23.

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