LTIMindtree shares drop 1.02% as Sensex rises
LTIMindtree Ltd. traded 1.02 per cent down at Rs 5525.05 at 01:49PM (IST) on Monday, even as BSE benchmark Sensex gained 352.58 points to 72779.22. The stock had settled at Rs 5582.15 in the previous session.
The stock quoted a 52-week high and 52-week low of Rs 6442.65 and Rs 4130.3, respectively.
As per BSE data, total traded volume on the counter till 01:49PM (IST) stood at 01:49PM shares with turnover at Rs 5.38 crore.
At the prevailing price, shares of the company trades at 35.58 times its trailing 12-month earnings per share of Rs 155.28 per share and 8.49 times its price-to-book value, the exchange 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 68.64 per cent stake in the company as of 31-Dec-2023, while FIIs owned 8.65 per cent and DIIs 12.85 per cent.
(You can now subscribe to our ETMarkets WhatsApp channel)
