The stock is down 1.4 per cent in morning trade.
Tech Mahindra is trading in the negative zone after been adjusted for the bonus-cum-split.
The company had fixed 20 March, 2015, as the record date for its 1:1 bonus issue and 2:1 stock split, each stock with the face value of Rs. 10 to be sub-divided into two equity shares of Rs. 5 each.
The stock touched a low of Rs. 687 at the opening bell, thereafter recouped losses and rebounded into the positive zone to touch a high of Rs. 701.
The stock is now down 1.4 per cent at Rs. 690. The counter has seen trades of around 394,000 shares so far on the BSE.
Meanwhile, the Sensex has gained 278 points at 28,900.
The company had fixed 20 March, 2015, as the record date for its 1:1 bonus issue and 2:1 stock split, each stock with the face value of Rs. 10 to be sub-divided into two equity shares of Rs. 5 each.
The stock touched a low of Rs. 687 at the opening bell, thereafter recouped losses and rebounded into the positive zone to touch a high of Rs. 701.
The stock is now down 1.4 per cent at Rs. 690. The counter has seen trades of around 394,000 shares so far on the BSE.
Meanwhile, the Sensex has gained 278 points at 28,900.
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