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Tech Mahindra Ltd., incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 156254.93 Crore) operating in IT Software sector.

As of 30-Sep-2021, promoters held 44.76 per cent stake in the company, while FIIs held 25.1 per cent and domestic institutional investors had 12.21 per cent.

Ravi Singh, Vice President & Head of Research, Share India said gold is technically in a very strong uptrend taking cues from the Comex Gold which was also supported by increasing worries about problematic price inflation in the US.

Fino Payments Bank plans to utilise the net proceeds from its fresh issue for augmenting its Tier–I capital base to meet future capital requirements.

The Relative Strength Index of the stock stood at 56.21 on Tuesday.

Tech Mahindra was the best performing stock in the 50-pack index followed by Tata Motors, Tata Steel, SBI Life, Bajaj Finance, Infosys, Bharti Airtel, State Bank of India, Wipro and Bajaj Finserv.

“At a portfolio level, one should expect a minimum of a 10% move against you at any point in time and perhaps it is more important to expect a higher move as well because in the long term, markets correct 30-40%, then come back.”

The Bitcoin rally has been driven by an increase in institutional demand after Bitcoin-linked ETFs were rolled out in the US last week, said ZebPay Trade Desk.

In the September 2021 quarter, the company’s net profit was at Rs 1,338.7 crore as against Rs 1,064.6 crore in the year-ago period. The company’s revenues for the recently concluded quarter revenues came in at Rs 10,881 crore, up 16 per cent YoY.

Ceat Ltd. key Products/Revenue Segments include Automobile Tubes, Scrap, Other Operating Revenue, Royalty Income, Others for the year ending 31-Mar-2021.