Tech Mahindra Ltd is down for a fifth straight session today. The stock is quoting at 662.75, down 0.7% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.76% on the day, quoting at 10146.8. The Sensex is at 33759.91, down 0.81%.Tech Mahindra Ltd has lost around 11.5% in last one month.Meanwhile, Nifty IT index of which Tech Mahindra Ltd is a constituent, has eased around 11.56% in last one month and is currently quoting at 14049.15, up 0.29% on the day. The volume in the stock stood at 8.95 lakh shares today, compared to the daily average of 33.75 lakh shares in last one month.
The benchmark October futures contract for the stock is quoting at Rs 663.35, down 0.69% on the day. Tech Mahindra Ltd jumped 38.87% in last one year as compared to a 1.9% slide in NIFTY and a 29.47% spurt in the Nifty IT index.
The PE of the stock is 15.88 based on TTM earnings ending June 18.
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