Tech Mahindra Falls Thursday, Underperforms Market

Dow Jones
02-27

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Tech Mahindra Ltd. inched down 0.47% to 1,587.20 Indian rupees Thursday, on what proved to be an all-around positive trading session for the stock market, with the BSE SENSEX Index rising 0.01% to 74,612.43.

Tech Mahindra Ltd. closed 12.18% short of its 52-week high of 1,807.40 rupees, which the company achieved on December 12th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Infosys Ltd. fell 0.23% and Tata Consultancy Services Ltd. fell 0.47%. Oracle Financial Services Software Ltd. fell 1.54%.

Trading volume totaled 25,863, compared to the 50-day average of 34,591.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

February 27, 2025 05:32 ET (10:32 GMT)

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