LTIMindtree shares drop 1.97% as Sensex rises

economictimes.indiatimes.com:

LTIMindtree Ltd. traded 1.97 per cent down at Rs 5454.9 at 12:48PM (IST) on Thursday, even as BSE benchmark Sensex gained 2.15 points to 79470.16. The scrip had settled at Rs 5564.95 in the previous session.
The stock quoted a 52-week high and 52-week low of Rs 6442.65 and Rs 4518.35, respectively.

As per BSE data, total traded volume on the counter till 12:48PM (IST) stood at 12:48PM shares with turnover at Rs 1.98 crore.
At the current price, the stock trades at 35.55 times its trailing 12-month EPS of Rs 154.12 per share and 7.3 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 68.6 per cent stake in the company as of 30-Jun-2024, while FIIs owned 7.28 per cent and DIIs 14.07 per cent.