On National Stock Exchange (NSE), Tech Mahindra Ltd is quoting at Rs 1,038.7 went down 3.3%. The stock tumbled 35.19% in 2021 compared to a 5.59% rally in Nifty and an 18.67% decline in the Nifty FMCG index.

• UDAN Scheme Improving Regional Connectivity 
• India’s GDP Might Slip to 6.5%; ICRA Maintains it at 7% for FY25
• Consumer Inflation in UK Grew in October 
• Rajesh Power Services Ltd IPO: GMP, Lot Size, Price Band & Key Dates
• Addverb Technologies Planning to Launch Advanced Humanoid Robots in 2025

On December 9, Tech Mahindra Ltd is down for a fifth straight session. The stock dropped 3.3%. The benchmark Nifty fell around 0.64% on the day, at 18,490.6. The Sensex is at 62,131.96, down 0.7%. Tech Mahindra Ltd added around 1.72% in November. Meanwhile, the Nifty FMCG index of Tech Mahindra Ltd increased about 2.54% in November and is down 2.94% today. The volume in the stock stood at 21.1 lakh shares on December 9 compared to the daily average of 23.44 lakh shares in November.

In the December futures contract, the benchmark for the stock is quoted at Rs 1,043.4, down 3.64%. Tech Mahindra Ltd slipped 35.19% in 2021 compared to a 5.59% rally in Nifty and an 18.67% fall in the Nifty FMCG index. As of September 22, the PE of the stock is 23.7 based on TTM earnings.