LTIMindtree shares gain 0.33% as Sensex falls
LTIMindtree Ltd. traded 0.33 per cent higher in Tuesday's session at 12:33PM (IST). The stock opened at Rs 5798.0 and has touched an intraday high and low of Rs 5820.8 and Rs 5750.0, respectively, during the session so far.
The stock quoted a 52-week high of Rs 5820.8 and a 52-week low of 4120.0. About 13,121 shares changed hands on the counter so far.
Benchmark Nifty50 was up 10.1 points at 21007.2, while the BSE Sensex traded 0.72 points lower at 69927.81 at the time of writing of this report.
In the Nifty pack, 28 stocks traded the day in the green, while 22 were in the red.
Key Financials For the quarter ended 30-Sep-2023, the company reported consolidated sales of Rs 9048.6 crore, up 2.43 per cent from the previous quarter's Rs 8833.7 crore and up 7.86 per cent from the year-ago quarter. The company reported net profit of Rs 1161.8 crore for the latest quarter.
Promoter Holdings Promoters held 68.66 per cent stake in the company as of 30-Sep-2023, while FIIs held 8.11 per cent and MFs 7.23 per cent.
Technicals On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 5017.63 on December 12, while the 50-DMA was at Rs 5337.73. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward.
