LTIMindtree shares down 0.15% as Sensex rises
LTIMindtree Ltd. fell 0.15 per cent to Rs 4886.7 in Tuesday's session as of 11:41AM (IST) even as the equity benchmark Sensex traded 41.61 points higher at 75432.11.
Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 6442.65 and a 52-week low of Rs 4565.0 on NSE. Around 7241 shares changed hands on the counter till 11:41AM (IST).
The stock opened at Rs 4915.0 and has touched an intraday high and low of Rs 4931.0 and Rs 4871.2 during the session so far. The scrip quoted a price-to-earnings (PE) ratio of 31.77, earnings per share (EPS) of Rs 154.72 and price to book value (PB) of 7.3, while the return on equity (ROE) stood at Rs 22.89.
Promoter/ FII Holding
The promoters held 68.6 per cent stake in the company as of May 28, while FII and MF ownerships stood at 7.86 per cent and 6.22 per cent, respectively.
Key Financials With a market capitalisation of Rs 145564.3 crore, the company operates in the IT Consulting & Software — Mid Cap industry. For the quarter ended 31-Mar-2024, the company reported consolidated sales of Rs 9100.5 crore, down 1.47 per cent from the previous quarter?s Rs 9236.1 crore and down 3.92 per cent from the same quarter a year ago. The company reported net profit of Rs 1099.9 crore for the latest quarter, down 1.24 per cent from the corresponding quarter last year.
Technical Indicators The relative strength index (RSI) of the stock stands at 60.43. The RSI oscillates between zero and 100. Traditionally, it is considered
