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Hot Pursuit
12-May-22
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Larsen & Toubro Infotech Ltd drops for fifth straight session
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Larsen & Toubro Infotech Ltd is quoting at Rs 4111.95, down 3.27% on the day as on 13:19 IST on the NSE. The stock jumped 14.27% in last one year as compared to a 8.21% rally in NIFTY and a 16.73% spurt in the Nifty IT index.
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Larsen & Toubro Infotech Ltd fell for a fifth straight session today. The stock is quoting at Rs 4111.95, down 3.27% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.76% on the day, quoting at 15882.2. The Sensex is at 53123.81, down 1.78%.Larsen & Toubro Infotech Ltd has eased around 31.91% in last one month.Meanwhile, Nifty IT index of which Larsen & Toubro Infotech Ltd is a constituent, has eased around 13.06% in last one month and is currently quoting at 30050.2, down 0.61% on the day. The volume in the stock stood at 4.55 lakh shares today, compared to the daily average of 7.55 lakh shares in last one month. The benchmark May futures contract for the stock is quoting at Rs 4139.4, down 3.01% on the day. Larsen & Toubro Infotech Ltd jumped 14.27% in last one year as compared to a 8.21% rally in NIFTY and a 16.73% spurt in the Nifty IT index. The PE of the stock is 32.96 based on TTM earnings ending March 22.
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