Mindtree Ltd rises for third consecutive session

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Capital Market
Last Updated : Sep 21 2022 | 1:16 PM IST

Mindtree Ltd is quoting at Rs 3181.3, up 1.56% on the day as on 12:49 IST on the NSE. The stock is down 29.66% in last one year as compared to a 1.07% gain in NIFTY and a 25.94% gain in the Nifty FMCG index.

Mindtree Ltd gained for a third straight session today. The stock is quoting at Rs 3181.3, up 1.56% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.46% on the day, quoting at 17734.5. The Sensex is at 59468.27, down 0.42%. Mindtree Ltd has dropped around 5.92% in last one month.

Meanwhile, Nifty FMCG index of which Mindtree Ltd is a constituent, has dropped around 8.49% in last one month and is currently quoting at 27020.6, down 0.16% on the day. The volume in the stock stood at 2.65 lakh shares today, compared to the daily average of 5.17 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 3185, up 1.47% on the day. Mindtree Ltd is down 29.66% in last one year as compared to a 1.07% gain in NIFTY and a 25.94% gain in the Nifty FMCG index.

The PE of the stock is 29.01 based on TTM earnings ending June 22.

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First Published: Sep 21 2022 | 1:05 PM IST

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