Tech Mahindra rises Monday, still underperforms market

Shares of Tech Mahindra Ltd. 532755, +0.54% inched up 0.54% to 1,026.35 Indian rupees Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P BSE Sensex Index 1, +0.76% rising 0.76% to 61,806.19. Tech Mahindra Ltd. closed 811.40 rupees short of its 52-week high (1,837.75 rupees), which the company achieved on December 30. The stock outperformed some of its competitors Monday, as Infosys Ltd. 500209, -0.97% fell 0.97% to 1,507.60 rupees and Tata Consultancy Services Ltd. TCS, -1.18% fell 1.18% to 3,202.05 rupees. Trading volume (68,141) remained 99,012 below its 50-day average volume of 167,153. Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

Leave a Comment

Your email address will not be published. Required fields are marked *