Tech Mahindra Ltd.

Tech Mahindra is currently trading at Rs. 2932.25, up by 53.95 points or 1.87% from its previous closing of Rs. 2878.30 on the BSE.

The scrip opened at Rs. 2985.00 and has touched a high and low of Rs. 2998.00 and Rs. 2898.30 respectively. So far 126379 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2990.10 on 30-Jan-2015 and a 52 week low of Rs. 1677.65 on 11-Apr-2014.

Last one week high and low of the scrip stood at Rs. 2990.10 and Rs. 2764.70 respectively. The current market cap of the company is Rs. 70339.02 crore.

The promoters holding in the company stood at 36.74% while Institutions and Non-Institutions held 49.53% and 13.73% respectively.

Tech Mahindra has registered a fall of 23.13% in its net profit after tax at Rs 710.77 crore for the quarter under review as compared to Rs 924.65 crore for the same quarter in the previous year. However, total income of the company has increased 21.36% at Rs 5073.61 crore for Q3FY15 as compared Rs 4180.57 crore for the corresponding quarter previous year.

On the consolidated basis the company’s net profit after tax, share of minority interest and share of profit/(loss) of associates declined 20.25% to Rs 805.3 crore for the Q3 FY15 as compared to Rs 1009.83 crore in Q3 FY14. However, the total income increased 18.91% to Rs 5770.74 crore in the quarter under review as compared to Rs 4852.85 crore in the corresponding quarter previous year.