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Mindtree Ltd gains for third straight session

Capital Market 

Mindtree Ltd is quoting at Rs 858.5, up 2.21% on the day as on 12:49 IST on the NSE. The stock is up 0.47% in last one year as compared to a 13.33% jump in NIFTY and a 11.07% jump in the Nifty IT index.

Mindtree Ltd is up for a third straight session today. The stock is quoting at Rs 858.5, up 2.21% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.07% on the day, quoting at 12338.2. The Sensex is at 41868.65, up 0.02%. Mindtree Ltd has gained around 12.81% in last one month.

Meanwhile, Nifty IT index of which Mindtree Ltd is a constituent, has gained around 6.08% in last one month and is currently quoting at 16225.9, up 0.34% on the day. The volume in the stock stood at 12.02 lakh shares today, compared to the daily average of 8.98 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 858, up 2.37% on the day. Mindtree Ltd is up 0.47% in last one year as compared to a 13.33% jump in NIFTY and a 11.07% jump in the Nifty IT index.

The PE of the stock is 22.39 based on TTM earnings ending September 19.

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

First Published: Tue, January 14 2020. 13:05 IST
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