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Mindtree Ltd in demand

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Capital Market
Last Updated : Jan 03 2022 | 1:17 PM IST

Mindtree Ltd is quoting at Rs 4834.15, up 1.13% on the day as on 12:54 IST on the NSE. The stock is up 186.18% in last one year as compared to a 24.31% jump in NIFTY and a 55.93% jump in the Nifty IT index.

Mindtree Ltd is up for a third straight session today. The stock is quoting at Rs 4834.15, up 1.13% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 1.23% on the day, quoting at 17568.25. The Sensex is at 58978.23, up 1.24%. Mindtree Ltd has gained around 10.09% in last one month.

Meanwhile, Nifty IT index of which Mindtree Ltd is a constituent, has gained around 12.25% in last one month and is currently quoting at 38701, up 1.17% on the day. The volume in the stock stood at 3.3 lakh shares today, compared to the daily average of 6.15 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 4852.4, up 1% on the day. Mindtree Ltd is up 186.18% in last one year as compared to a 24.31% jump in NIFTY and a 55.93% jump in the Nifty IT index.

The PE of the stock is 56.84 based on TTM earnings ending September 21.

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First Published: Jan 03 2022 | 1:05 PM IST

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