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Mindtree Ltd soars 1.3%, rises for third straight session

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Capital Market

Mindtree Ltd is quoting at Rs 810.55, up 1.3% on the day as on 12:49 IST on the NSE. The stock is down 5.8% in last one year as compared to a 12.87% gain in NIFTY and a 8.82% gain in the Nifty IT index.

Mindtree Ltd rose for a third straight session today. The stock is quoting at Rs 810.55, up 1.3% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.1% on the day, quoting at 12181.1. The Sensex is at 41304.02, up 0.12%. Mindtree Ltd has added around 14.93% in last one month.

 

Meanwhile, Nifty IT index of which Mindtree Ltd is a constituent, has added around 5.85% in last one month and is currently quoting at 15652.4, up 0.44% on the day. The volume in the stock stood at 5.5 lakh shares today, compared to the daily average of 9.03 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 809.4, up 1.31% on the day. Mindtree Ltd is down 5.8% in last one year as compared to a 12.87% gain in NIFTY and a 8.82% gain in the Nifty IT index.

The PE of the stock is 21.31 based on TTM earnings ending September 19.

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First Published: Jan 01 2020 | 1:05 PM IST

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