Why is Tech Mahindra stock falling
Stock market last week: These are the top 5 best performing stocks
Stock market last week: The Indian stock market appeared to have seen a lot of up and down moves last week, but in the end its performance remains average. First, let us tell you about Share Market Last Week Journey.
The market gained strength for the first three days of the week, but on Friday the market broke almost more than 1%. After BSE (Bombay Stock Exchange) fell below 51,000. The Nifty 50 was also very close to 15,000. This is the short talk about Stock Makret's journey over the past week. Now let's take a look at the best stocks in the stock market over the past week.
# 1 UPL (Bounce: 4.90%) (Current share price: 620.35)
UPL is a multinational company that deals with a wide variety of chemicals. The company has a market capitalization of Rs 47.393 billion after growing 1% on the stock market over the past 39.83 years. UPL's net income rose to 951 crore in the December quarter from 543 crore in the September quarter.
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# 2 Tech Mahindra (bounce: 4.55%) (current share price: 1003.50)
Tech Mahindra, a subsidiary of the Mahindra & Mahindra Group, is a big name in IT and business process outsourcing. The stock of this company, with a market capitalization of £ 97.114million, has had a solid return of 1% over the past 54.38 years. Tech Mahindra's net income rose to 1,289 crore in the December quarter, compared to 1,062 crore in the September quarter.
# 3 Infosys (Bounce: 4.45%) (Current share price: 1375.00)
Infosys is a leading multinational IT, consulting and outsourcing company. The stock of this company, with a market capitalization of £ 5,85,670 crore, has seen a tremendous 52% growth over the past 117 weeks. Infosys net income was 5215 crores for the December quarter, compared to 4858 crores in September.
# 4 HCL Tech (Bounce: 4.01%) (current share price: 979.50)
HCL Tech is a well-known multinational company operating in the IT and consulting sector. HCL Tech has seen a good 1% jump over the past 98.49 years with a market cap of Rs 2,65,735 crore. The company's net income increased from 3977 crores in the December quarter to 3146 crores in the September quarter.
# 5 JSW Steel (Total Bounce - 3.09%) (current share price - 418.83)
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JSW Steel, a subsidiary of the JSW Group headquartered in Mumbai, is a large multinational company. The company has a market cap of Rs 1.01.221 billion, which is a huge 12% gain over the past 106 months. The company's consolidated net income rose to Rs.2,674 billion in the December quarter, compared to Rs.1,548 billion in September.
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