Hot Pursuit     24-Aug-22
Larsen & Toubro Infotech Ltd slips for fifth straight session
Larsen & Toubro Infotech Ltd is quoting at Rs 4627.85, down 0.79% on the day as on 13:19 IST on the NSE. The stock tumbled 9.04% in last one year as compared to a 5.41% rally in NIFTY and a 15.5% fall in the Nifty FMCG index.

Larsen & Toubro Infotech Ltd dropped for a fifth straight session today. The stock is quoting at Rs 4627.85, down 0.79% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.24% on the day, quoting at 17534.8. The Sensex is at 58857.06, down 0.3%.Larsen & Toubro Infotech Ltd has gained around 2.82% in last one month.Meanwhile, Nifty FMCG index of which Larsen & Toubro Infotech Ltd is a constituent, has increased around 2.08% in last one month and is currently quoting at 28957.85, down 0.54% on the day. The volume in the stock stood at 1.42 lakh shares today, compared to the daily average of 4.12 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 4632.05, down 0.67% on the day. Larsen & Toubro Infotech Ltd tumbled 9.04% in last one year as compared to a 5.41% rally in NIFTY and a 15.5% fall in the Nifty FMCG index.

The PE of the stock is 35.81 based on TTM earnings ending June 22.

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