LTIMindtree shares drop 0.4% as Sensex falls
LTIMindtree Ltd. traded 0.4 per cent down at Rs 5500.0 at 01:34PM (IST) on Friday, even as BSE benchmark Sensex dropped 101.63 points to 65880.85.
The stock had closed at Rs 5522.3 in the previous session.
The stock quoted a 52-week high and 52-week low of Rs 5590.0 and Rs 4120.0, respectively.
As per BSE data, total traded volume on the counter till 01:34PM (IST) stood at 01:34PM shares with turnover at Rs 7.38 crore.
At the prevailing price, the stock trades at 36.78 times its trailing 12-month EPS of Rs 149.62 per share and 8.49 times its price-to-book value, BSE data showed.
A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 0.59.
Shareholding Details Promoters held 68.66 per cent stake in the company as of 30-Sep-2023, while FIIs owned 8.11 per cent and DIIs 12.81 per cent.
