Tech Mahindra Ltd is down for a fifth straight session today. The stock is quoting at Rs 1444.2, down 0.44% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.21% on the day, quoting at 24733.65. The Sensex is at 81039.68, up 0.18%.Tech Mahindra Ltd has lost around 14.39% in last one month.Meanwhile, Nifty IT index of which Tech Mahindra Ltd is a constituent, has eased around 9.58% in last one month and is currently quoting at 35370.05, down 0.43% on the day. The volume in the stock stood at 7.42 lakh shares today, compared to the daily average of 21.07 lakh shares in last one month.
The benchmark July futures contract for the stock is quoting at Rs 1444.8, down 0.41% on the day. Tech Mahindra Ltd tumbled 6.1% in last one year as compared to a 0.5% slide in NIFTY and a 13.63% fall in the Nifty IT index.
The PE of the stock is 35.28 based on TTM earnings ending June 25.