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Larsen & Toubro Infotech Ltd fell for a fifth straight session today. The stock is quoting at Rs 5847.4, down 3.5% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 1.08% on the day, quoting at 17483.5. The Sensex is at 58445.79, down 0.88%.Larsen & Toubro Infotech Ltd has eased around 6.77% in last one month.Meanwhile, Nifty IT index of which Larsen & Toubro Infotech Ltd is a constituent, has eased around 4.77% in last one month and is currently quoting at 34895.9, down 1.68% on the day. The volume in the stock stood at 2.78 lakh shares today, compared to the daily average of 3.07 lakh shares in last one month. The benchmark April futures contract for the stock is quoting at Rs 5935.55, down 2.17% on the day. Larsen & Toubro Infotech Ltd jumped 42.33% in last one year as compared to a 20.54% rally in NIFTY and a 32.72% spurt in the Nifty IT index. The PE of the stock is 49.97 based on TTM earnings ending December 21.
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