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Larsen & Toubro Infotech Ltd down for fifth straight session

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Capital Market
Last Updated : Nov 21 2022 | 2:16 PM IST

Larsen & Toubro Infotech Ltd is quoting at Rs 4799, down 1.98% on the day as on 13:19 IST on the NSE. The stock tumbled 29.73% in last one year as compared to a 4.15% rally in NIFTY and a 17.44% fall in the Nifty FMCG index.

Larsen & Toubro Infotech Ltd is down for a fifth straight session today. The stock is quoting at Rs 4799, down 1.98% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.92% on the day, quoting at 18138.9. The Sensex is at 61093.31, down 0.92%.Larsen & Toubro Infotech Ltd has added around 1.28% in last one month.Meanwhile, Nifty FMCG index of which Larsen & Toubro Infotech Ltd is a constituent, has increased around 2.65% in last one month and is currently quoting at 29669.25, down 1.27% on the day. The volume in the stock stood at 1.72 lakh shares today, compared to the daily average of 3.55 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 4797.6, down 1.92% on the day. Larsen & Toubro Infotech Ltd tumbled 29.73% in last one year as compared to a 4.15% rally in NIFTY and a 17.44% fall in the Nifty FMCG index.

The PE of the stock is 35.66 based on TTM earnings ending September 22.

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First Published: Nov 21 2022 | 1:35 PM IST

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