Previous Close | 1,253.65 |
Open | 1,254.20 |
Bid | 1,246.60 x 0 |
Ask | 0.00 x 0 |
Day's Range | 1,242.50 - 1,264.95 |
52 Week Range | 982.95 - 1,416.00 |
Volume | |
Avg. Volume | 83,679 |
Market Cap | 1.221T |
Beta (5Y Monthly) | 0.58 |
PE Ratio (TTM) | 39.42 |
EPS (TTM) | 31.72 |
Earnings Date | Apr 25, 2024 - Apr 29, 2024 |
Forward Dividend & Yield | 44.00 (3.51%) |
Ex-Dividend Date | Nov 02, 2023 |
1y Target Est | N/A |
Indian shares closed lower, dragged by technology stocks. Tech Mahindra fell 6.1%, its largest one-day percentage loss in more than three years. The IT company reported weaker-than-expected 3Q earnings, and its near-term revenue growth momentum may slow, Axis Securities wrote in a note.
MUMBAI/BENGALURU (Reuters) -India's Tech Mahindra posted a 60.6% drop in third-quarter net profit on Wednesday, missing estimates as clients continued to hold back spending in communications and banking segments. The fifth-largest Indian IT services company's net profit fell to 5.10 billion rupees ($61.36 million) for the three months ended Dec. 31, 2023, from 12.97 billion rupees a year earlier. Analysts, on average, expected a profit of 6.17 billion rupees, according to LSEG data.
Investing.com-- India’s Nifty 50 index hit record highs on Monday, breaching the 22,000 level as index heavyweight Wipro (NYSE:WIT) led a rally in technology stocks on stronger-than-expected earnings.