Mindtree Ltd extends gains

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Capital Market
Last Updated : Apr 11 2019 | 2:50 PM IST

Mindtree Ltd is quoting at Rs 974.85, up 0.47% on the day as on 12:49 IST on the NSE. The stock is up 16.55% in last one year as compared to a 10.71% jump in NIFTY and a 20.86% jump in the Nifty IT.

Mindtree Ltd is up for a fifth straight session today. The stock is quoting at Rs 974.85, up 0.47% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.05% on the day, quoting at 11578.85. The Sensex is at 38557.5, down 0.07%. Mindtree Ltd has gained around 6.26% in last one month.

Meanwhile, Nifty IT index of which Mindtree Ltd is a constituent, has gained around 3.45% in last one month and is currently quoting at 15999.15, down 0.53% on the day. The volume in the stock stood at 8.49 lakh shares today, compared to the daily average of 17.77 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 968.8, up 0.34% on the day. Mindtree Ltd is up 16.55% in last one year as compared to a 10.71% jump in NIFTY and a 20.86% jump in the Nifty IT index.

The PE of the stock is 21.27 based on TTM earnings ending December 18.

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First Published: Apr 11 2019 | 1:00 PM IST

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