LTIMindtree rises 0.66% as Sensex climbs

economictimes.indiatimes.com:

LTIMindtree Ltd. traded at Rs 5158.0 on BSE at 10:45AM (IST) on Wednesday, up 0.66 per cent from previous close.
The stock quoted a 52-week low price of Rs 4518.35 and a high of Rs 6442.65.

Earlier, the stock saw a gap up opening in the morning.
A total of 8,720 lakh shares changed hands on the counter till 10:45AM (IST).
The stock of LTIMindtree Ltd. commanded a market value of Rs 152524.14 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 33.29, while the price-to-book value ratio stood at 7.3. Return on equity (ROE) was at 23.45 per cent, according to exchange data.
In the BSE500 pack, 204 stocks traded in the green, while 297 stocks were in the red.
The stock's beta value, which measures volatility in relation to the broader market, stood at 0.59.
Promotor/FII Holding Promoters held 68.6 per cent in LTIMindtree Ltd. as of 31-Mar-2024 while foreign and domestic institutional investors owned 7.86 per cent and 6.22 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 5293.14 on June 26, while the 50-DMA was at 4806.17. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.