Latest Stock Market News

As of 30-Jun-2022, promoters held 0.0 per cent stake in the company, while FIIs held 5.42 per cent and domestic institutional investors had 2.81 per cent.

The stock quoted a 52-week high price of Rs 7462.95 and a 52-week low of Rs 3314.0.

Persistent Systems reported a 40 per cent jump in its June quarter net profit to Rs 211.6 crore. It reported a 52.7 per cent rise in its revenue to Rs 1,878 crore.

Promoters held 0.0 per cent stake in the company as of 30-Jun-2022, while FII and DII ownership stood at 12.81 per cent and 7.04 per cent, respectively.

The Relative Strength Index of the stock stood at 49.75 on Tuesday.

Ashish Mangal, Managing Director of Dynamic Cables, said, "We are all humbled by this opportunity and are committed to deliver greater value to our stakeholders by developing innovative solutions for our customers and investing in people and technology."

Tech Mahindra Ltd., incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 97839.68 Crore) operating in IT Software sector.

The stock quoted a 52-week high price of Rs 1503.7 and low of Rs 1037.8.

Margin is seen at 10.9 per cent as against 10.8 per cent in the year-ago quarter. Analysts are expecting healthy growth in the June quarter due to a large order book, weak base and healthy infra pipeline. Management guidance on order inflows, execution and tender pipeline will be key monitorables.

A total of 10,556 shares changed hands on the counter till 11:37AM (IST).