Hot Pursuit     27-Jul-23
Tech Mahindra Ltd down for fifth straight session
Tech Mahindra Ltd is quoting at Rs 1120.2, down 2.01% on the day as on 13:19 IST on the NSE. The stock jumped 7.92% in last one year as compared to a 16.58% rally in NIFTY and a 4.29% spurt in the Nifty FMCG index.

Tech Mahindra Ltd is down for a fifth straight session today. The stock is quoting at Rs 1120.2, down 2.01% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.21% on the day, quoting at 19736.85. The Sensex is at 66525.66, down 0.27%.Tech Mahindra Ltd has added around 1.09% in last one month.Meanwhile, Nifty FMCG index of which Tech Mahindra Ltd is a constituent, has increased around 3.64% in last one month and is currently quoting at 29800.4, up 0.31% on the day. The volume in the stock stood at 133.2 lakh shares today, compared to the daily average of 28.32 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 1114, down 2.47% on the day. Tech Mahindra Ltd jumped 7.92% in last one year as compared to a 16.58% rally in NIFTY and a 4.29% spurt in the Nifty FMCG index.

The PE of the stock is 29.53 based on TTM earnings ending March 23.

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