Tech Mahindra gains to three-week high after earnings

Reuters
An employee sits at the front desk inside Tech Mahindra office building in Noida on the outskirts of New Delhi March 18, 2013. REUTERS/Adnan Abidi/Files

Reuters Market Eye - Tech Mahindra Ltd gains 4.3 percent to three-week high. Company's July-September profit rose 7.3 percent to 5.89 billion rupees ($95.8 million). Traders say 5.2 percent sequential U.S. dollar revenue growth seen highest among peers and ahead of some estimates. Larger rival Infosys Ltd had posted a 3.1 percent sequential U.S. dollar revenue growth in the second quarter. ($1 = 61.4725 rupees) (Reporting by Abhishek Vishnoi)