Tech Mahindra Slips While Mahindra & Mahindra, Kotak Mahindra Outperform BSE Sensex

On a trading session where the BSE SENSEX Index fell approximately 0.12%, Tech Mahindra Ltd. shares declined by 0.79% to 1,399.70 rupees, standing about 22.56% below its 52-week high. Conversely, Mahindra & Mahindra Ltd. shares rose slightly by 0.29% to 3,426.65 rupees, though they remained around 7.96% below their 52-week peak. Kotak Mahindra Bank Ltd. also experienced a modest gain of 0.10%, closing at 1,994.20 rupees, still 13.35% short of its highest value in the past year. Earlier in the week, Tech Mahindra had seen a small increase of 0.24%, closing at 1,410.85 rupees, and Mahindra & Mahindra had advanced 0.58% to 3,416.90 rupees, both on a day when the market index declined 0.08%. Overall, while the broader market faced declines, these major Indian companies showed mixed performance with marginal gains amid ongoing market pressures. The data reflects a cautious investor sentiment with stocks trading below their yearly highs.