LTIMindtree stock price up 0.9 per cent as Sensex climbs
LTIMindtree Ltd. rose 0.9 per cent to Rs 4910.45 at 10:15AM hours (IST) on Wednesday. Earlier in the day, the stock saw a gap up start to the session.
As per data available on BSE, total traded quantity on the counter stood at 2,496 shares with a turnover of Rs 122.0 crore till 10:15AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 32.71, while the price-to-book value ratio stood at 8.49. Return on equity (ROE) was at 27.36 per cent, according to exchange data.
The stock hit an intraday high of Rs 4930.75 and a low of Rs 4877.15 during the session and quoted a 52-week high price of Rs 5425.0 and a 52-week low of Rs 4120.0. The stock's beta value, which measures its volatility in relation to the broader market, stood at 0.59.Technical Indicators The 200-DMA (day moving average) of the stock stood at Rs 4697.61 on July 26, while the 50-DMA was at Rs 4975.75. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward.
On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way. The Relative Strength Index (RSI) of the stood at 45.51.
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