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Tech Mahindra rises on Monday, still underperforms the market

admin by admin
December 26, 2022
in Technology
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Tech Mahindra rises on Monday, still underperforms the market
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Shares of Tech Mahindra Ltd. 532755,
+0.56%
rose 0.56% to INR 1,001.40 on Monday in what proved to be an overall positive trading session for the equity market, with the S&P BSE Sensex Index 1,
+1.20%
rising 1.20% to 60,566.42.

Tech Mahindra Ltd. closed 836.35 rupees below its 52-week high (1,837.75 rupees), which the company hit on 30 December.

The stock showed a mixed performance when compared to some of its competitors on Monday, such as Infosys Ltd. 500209,
+0.31%
rose 0.31% to Rs 1,502.25 and Tata Consultancy Services Ltd. TCS,
+0.76%
rose 0.76% to 3,252.90 rupees.

Trading volume (73,861) remained 75,301 below the 50-day average volume of 149,162.

Editor’s note: This story was automatically generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. View our market data terms of use.



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