Hot Pursuit     09-Dec-22
LTI Mindtree Ltd slips for fifth straight session
LTI Mindtree Ltd is quoting at Rs 4443.6, down 2.53% on the day as on 13:19 IST on the NSE. The stock tumbled 32.81% in last one year as compared to a 5.59% rally in NIFTY and a 18.67% fall in the Nifty FMCG index.

LTI Mindtree Ltd dropped for a fifth straight session today. The stock is quoting at Rs 4443.6, down 2.53% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.64% on the day, quoting at 18490.6. The Sensex is at 62131.96, down 0.7%.LTI Mindtree Ltd has eased around 8.61% in last one month.Meanwhile, Nifty FMCG index of which LTI Mindtree Ltd is a constituent, has increased around 2.54% in last one month and is currently quoting at 30115, down 2.94% on the day. The volume in the stock stood at 4.73 lakh shares today, compared to the daily average of 5.44 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 4467.5, down 2.81% on the day. LTI Mindtree Ltd tumbled 32.81% in last one year as compared to a 5.59% rally in NIFTY and a 18.67% fall in the Nifty FMCG index.

The PE of the stock is 56.04 based on TTM earnings ending September 22.

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