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Mindtree Ltd gains for fifth session

Capital Market 

Mindtree Ltd is quoting at Rs 1108.7, up 4.32% on the day as on 12:49 IST on the NSE. The stock is up 54.78% in last one year as compared to a 1.03% gain in NIFTY and a 16.1% gain in the Nifty IT.

Mindtree Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 1108.7, up 4.32% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.26% on the day, quoting at 11232.3. The Sensex is at 38195.44, up 0.33%. Mindtree Ltd has added around 20.03% in last one month.

Meanwhile, Nifty IT index of which Mindtree Ltd is a constituent, has added around 23.1% in last one month and is currently quoting at 17880.5, up 1.42% on the day. The volume in the stock stood at 22.22 lakh shares today, compared to the daily average of 11.87 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 1107.45, up 3.86% on the day. Mindtree Ltd is up 54.78% in last one year as compared to a 1.03% gain in NIFTY and a 16.1% gain in the Nifty IT index.

The PE of the stock is 23.28 based on TTM earnings ending June 20.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, July 30 2020. 13:00 IST
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