Tech Mahindra (TechM), India's fifth largest software exporter witnessed a rise in share price on Thursday after it reported a marginal rise of 0.17% in the consolidated net profit of Rs 7.20 billion for the quarter ended Sept. 30, 2014 as compared to Rs 7.18 billion in the same period last year. On sequential basis, it posted a rise of 14.10% in the net profit.

Revenues on the other hand was at Rs 54.88 billion for quarter ended Sept. 30, 2014, registering rise of 15% year on year and 7.2% sequentially.

Shares of the company are trading at Rs 2,497, up Rs 100.5, or 4.19% at the Bombay Stock Exchange (BSE) on Thursday at 9:30 a.m.

The scrip has touched an intra-day high of Rs 2,498.70 and low of Rs 2,450. The total volume of shares traded at the BSE is 71,906.