Tech Mahindra witnessed a sharp rise in share price on Tuesday after the company announced a small rise in consolidated net profit for the quarter ended June 2017. During the quarter, the profit of the company rose 6.58% to Rs 7,986 million from Rs 7,493 million  in the same quarter previous year.

Revenues for the quarter  rose 8.09% to Rs 77,467.70 million, compared with Rs 71,667 million for the prior year period.

Shares of Tech Mahindra are trading at Rs 409.55, up Rs 24.3, or 6.31% at the Bombay Stock Exchange (BSE) on Tuesday at 9:53 a.m.

The scrip has touched an intra-day high of Rs 413.90 and low of Rs 401.30. The total volume of shares traded at the BSE is 380,043.

Total volume of shares traded on the bourses today was higher by 257.37% to 5,630,493 compared with 22-day average volume of 1,575,531.