Tech Mahindra Ltd.

Tech Mahindra is currently trading at Rs. 829.30, up by 9.85 points or 1.20% from its previous closing of Rs. 819.45 on the BSE.

The scrip opened at Rs. 824.40 and has touched a high and low of Rs. 833.55 and Rs. 816.20 respectively. So far 78219 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 887.50 on 08-Oct-2020 and a 52 week low of Rs. 470.25 on 23-Mar-2020.

Last one week high and low of the scrip stood at Rs. 857.40 and Rs. 813.95 respectively. The current market cap of the company is Rs. 79871.17 crore.

The promoters holding in the company stood at 35.82%, while Institutions and Non-Institutions held 52.36% and 11.82% respectively.

Tech Mahindra has reported a fall of 31.14% in its net profit at Rs 961.50 crore for the quarter ended September 30, 2020 as compared to Rs 1,396.30 crore for the same quarter in the previous year. Total income of the company decreased by 1.51% at Rs 7,561.40 crore for Q2FY21 as compared Rs 7,677.10 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 5.28% in its net profit attributed to owner at Rs 1,064.60 crore for the quarter ended September 30, 2020 as compared to Rs 1,123.90 crore for the same quarter in the previous year. However, total income of the company increased by 2.19% at Rs 9,489.30 crore for Q2FY21 as compared Rs 9,286.20 crore for the corresponding quarter previous year.