Tech Mahindra Ltd gained for a third straight session today. The stock is quoting at Rs 1595.4, up 3.53% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.3% on the day, quoting at 23327.15. The Sensex is at 74644.78, down 0.18%. Tech Mahindra Ltd has slipped around 0.91% in last one month. Meanwhile, Nifty IT index of which Tech Mahindra Ltd is a constituent, has slipped around 3.02% in last one month and is currently quoting at 28921.5, up 3.3% on the day. The volume in the stock stood at 19.34 lakh shares today, compared to the daily average of 18.42 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 1598, up 3.69% on the day. Tech Mahindra Ltd is up 4.17% in last one year as compared to a 7.58% drop in NIFTY and a 17.5% drop in the Nifty IT index. The PE of the stock is 37.78 based on TTM earnings ending June 26. |