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Mindtree Ltd gains for third straight session

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Capital Market
Last Updated : Sep 03 2018 | 1:16 PM IST

The stock is quoting at Rs 1144, up 2.63% on the day as on 12:49 IST on the NSE. Mindtree Ltd is up 151.48% in last one year as compared to a 18.03% jump in NIFTY and a 52.78% jump in the Nifty IT index.

Mindtree Ltd is up for a third straight session today. The stock is quoting at Rs 1144, up 2.63% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.17% on the day, quoting at 11700. The Sensex is at 38710.68, up 0.17%. Mindtree Ltd has gained around 19.87% in last one month.

Meanwhile, Nifty IT index of which Mindtree Ltd is a constituent, has gained around 9.22% in last one month and is currently quoting at 15811.4, up 0.89% on the day. The volume in the stock stood at 27.65 lakh shares today, compared to the daily average of 13.19 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 1148.4, up 2.48% on the day. Mindtree Ltd is up 151.48% in last one year as compared to a 18.03% jump in NIFTY and a 52.78% jump in the Nifty IT index.

The PE of the stock is 27.71 based on TTM earnings ending June 18.

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First Published: Sep 03 2018 | 1:05 PM IST

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