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Mindtree Ltd rises for third straight session

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Mindtree Ltd is quoting at Rs 908.35, up 3.27% on the day as on 12:54 IST on the NSE. The stock is down 7.32% in last one year as compared to a 24.14% slide in NIFTY and a 15.73% slide in the Nifty IT index.

Mindtree Ltd is up for a third straight session today. The stock is quoting at Rs 908.35, up 3.27% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 1.69% on the day, quoting at 8972.75. The Sensex is at 30516.82, up 1.62%. Mindtree Ltd has gained around 16% in last one month.

Meanwhile, Nifty IT index of which Mindtree Ltd is a constituent, has gained around 4.74% in last one month and is currently quoting at 13314.4, up 1.07% on the day. The volume in the stock stood at 16.15 lakh shares today, compared to the daily average of 12.66 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 908, up 3.09% on the day. Mindtree Ltd is down 7.32% in last one year as compared to a 24.14% slide in NIFTY and a 15.73% slide in the Nifty IT index.

The PE of the stock is 22.95 based on TTM earnings ending March 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: Tue, May 19 2020. 13:05 IST
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