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Mindtree Ltd spurts 3.81%, up for third straight session

Capital Market 

Mindtree Ltd is quoting at Rs 744.4, up 3.81% on the day as on 12:49 IST on the NSE. The stock is down 14.55% in last one year as compared to a 11.04% gain in NIFTY and a 0.28% gain in the Nifty IT index.

Mindtree Ltd rose for a third straight session today. The stock is quoting at Rs 744.4, up 3.81% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.18% on the day, quoting at 11972.95. The Sensex is at 40608.69, down 0.16%. Mindtree Ltd has added around 4.84% in last one month.

Meanwhile, Nifty IT index of which Mindtree Ltd is a constituent, has added around 3.08% in last one month and is currently quoting at 14920.75, up 0.9% on the day. The volume in the stock stood at 24.66 lakh shares today, compared to the daily average of 3.4 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 743.65, up 3.32% on the day. Mindtree Ltd is down 14.55% in last one year as compared to a 11.04% gain in NIFTY and a 0.28% gain in the Nifty IT index.

The PE of the stock is 19.11 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: Wed, December 04 2019. 13:05 IST
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