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Mindtree Ltd jumps around 2%

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Capital Market
Last Updated : Feb 17 2020 | 1:50 PM IST

Mindtree Ltd is quoting at Rs 979.8, up 2.07% on the day as on 12:54 IST on the NSE. The stock is up 12.8% in last one year as compared to a 13.37% gain in NIFTY and a 6.05% gain in the Nifty IT index.

Mindtree Ltd is up for a third straight session in a row. The stock is quoting at Rs 979.8, up 2.07% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is down around 0.41% on the day, quoting at 12063.5. The Sensex is at 41119.58, down 0.33%. Mindtree Ltd has added around 9.75% in last one month.

Meanwhile, Nifty IT index of which Mindtree Ltd is a constituent, has added around 2.47% in last one month and is currently quoting at 16642.75, down 0.21% on the day. The volume in the stock stood at 10.06 lakh shares today, compared to the daily average of 6.82 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 976.85, up 1.85% on the day. Mindtree Ltd is up 12.8% in last one year as compared to a 13.37% gain in NIFTY and a 6.05% gain in the Nifty IT index.

The PE of the stock is 25.34 based on TTM earnings ending December 19.

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First Published: Feb 17 2020 | 1:05 PM IST

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