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As of 30-Jun-2023, promoters held 74.65 per cent stake in the company, while FIIs held 8.17 per cent and domestic institutional investors had 6.86 per cent.

While the price return variant of Sensex, a plain vanilla index which captures only capital gains of its constituents, is popular, a few track the trajectory of the lesser-known Total Returns index also known as Sensex TRI. Demonstrating the power of dividends and reinvesting those dividends back for compounding gains, Sensex TRI is trading around 102,000-level while the Sensex has been unable to cross the barrier at 68,000.

Tech Mahindra, incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 125594.90 Crore) operating in IT Software sector.

The Nifty IT index was trading 0.78 per cent down at 32692.25.

The stock quoted a 52-week high of Rs 2736.2 and a 52-week low of Rs 2050.0.

"The company is in discussions and negotiations with the labour union representatives to address their concerns and find an amicable resolution," Apollo Tyres said in an exchange filing.

"Consumer discretionary is a long-term structural theme with the availability of many diverse sets of niche businesses. India’s per capita income is less than $2500, which is very low compared to many other countries, but it is expected to grow rapidly over this decade. With rising per capita incomes, discretionary consumption grows meaningfully."

In the 12-pack Nifty PSU Bank index, 11 stocks rose, barring Union Bank. The weekly gains for the index stood at 5.55%, according to Trendlyne data, the highest among the sectoral indices. The year-to-date (YTD) gains of the index are above 61%.

IT industry for a pickup starting Q3 of this year. Q3 typically tends to be a weak quarter for the IT industry given the holiday season in the US which happens to be our largest market, but despite that we are looking to see an uptick in the spend which will continue into Q4.

A total of 3,405 shares changed hands on the counter till 11:52AM (IST).