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Mindtree Ltd rises for third straight session

Capital Market 

Mindtree Ltd is quoting at Rs 691.7, up 1.45% on the day as on 12:49 IST on the NSE. The stock is down 39.72% in last one year as compared to a 3.25% slide in NIFTY and a 2.68% slide in the Nifty IT index.

Mindtree Ltd is up for a third straight session today. The stock is quoting at Rs 691.7, up 1.45% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.83% on the day, quoting at 10912.35. The Sensex is at 36807.19, down 0.85%. Mindtree Ltd has slipped around 1.5% in last one month.

Meanwhile, Nifty IT index of which Mindtree Ltd is a constituent, has slipped around 1.21% in last one month and is currently quoting at 15743.15, down 0.9% on the day. The volume in the stock stood at 4.03 lakh shares today, compared to the daily average of 6.12 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 693.05, up 1.35% on the day. Mindtree Ltd is down 39.72% in last one year as compared to a 3.25% slide in NIFTY and a 2.68% slide in the Nifty IT index.

The PE of the stock is 16.29 based on TTM earnings ending June 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, September 17 2019. 13:05 IST
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