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    LTIMindtree shares 2.12% as Sensex rises

    Synopsis

    A total of 7,501 shares changed hands on the counter till 01:03PM (IST)

    stock-market-124-gettyGetty Images
    Shares of LTIMindtree Ltd. traded 2.12 per cent at Rs 5874.95 at 01:03PM (IST) on Wednesday, even as BSE benchmark Sensex 283.88 points to 76783.51. The scrip had closed at Rs 5752.55 in the previous session.

    The stock quoted a 52-week high and 52-week low of Rs 6764.80 and Rs 4518.35, respectively.

    As per BSE data, total traded volume on the counter till 01:03PM (IST) stood at 01:03PM shares with turnover at Rs 4.34 crore.

    At the current price, the stock trades at 37.23 times its trailing 12-month EPS of Rs 157.12 per share and 7.30 times its price-to-book value, the exchange data showed.

    A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
    Growfast

      The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 0.5937.

      Shareholding Details
      Promoters held 68.6 per cent stake in the company as of 30-Sep-2024, while FIIs owned 7.39 per cent and DIIs 14.73 per cent.


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