Previous close | 1,195.80 |
Open | 1,199.55 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 1,176.05 - 1,207.85 |
52-week range | 981.05 - 1,416.30 |
Volume | |
Avg. volume | 1,990,536 |
Market cap | 1.168T |
Beta (5Y monthly) | 0.57 |
PE ratio (TTM) | 37.74 |
EPS (TTM) | 31.26 |
Earnings date | 25 Apr 2024 |
Forward dividend & yield | 44.00 (3.68%) |
Ex-dividend date | 02 Nov 2023 |
1y target est | 1,287.21 |
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.