L&T Infotech shares gain 2.88% as Sensex rises

Shares of LTIMindtree Ltd traded 2.88 per cent up at Rs 4974.7 at 10:05AM (IST) on Thursday, even as BSE benchmark Sensex gained 279.22 points to 63378.87. The scrip had closed at Rs 4835.25 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 7595.25 and Rs 3733.25, respectively.

As per BSE data, total traded volume on the counter till 10:05AM (IST) stood at 10:05AM shares with turnover at Rs 3.37 crore.

At the current price, the stock trades at 34.15 times its trailing 12-month EPS of Rs 146.07 per share and 12.22 times its price-to-book value, BSE 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.

The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 0.59.

Shareholding Details


Promoters held 74.0 per cent stake in the company as of 30-Sep-2022, while FIIs owned 8.42 per cent and DIIs 8.05 per cent.

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