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Mindtree Ltd spurts 1.37%, rises for third straight session

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Capital Market
Last Updated : Jul 31 2019 | 1:16 PM IST

Mindtree Ltd is quoting at Rs 721.5, up 1.37% on the day as on 12:54 IST on the NSE. The stock is down 24.44% in last one year as compared to a 2.43% fall in NIFTY and a 5.38% fall in the Nifty IT index.

Mindtree Ltd rose for a third straight session today. The stock is quoting at Rs 721.5, up 1.37% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is down around 0.13% on the day, quoting at 11070.85. The Sensex is at 37310.15, down 0.23%. Mindtree Ltd has dropped around 20.16% in last one month.

Meanwhile, Nifty IT index of which Mindtree Ltd is a constituent, has dropped around 2.81% in last one month and is currently quoting at 15501.65, down 0.21% on the day. The volume in the stock stood at 12.29 lakh shares today, compared to the daily average of 23.19 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 724.3, up 1.55% on the day. Mindtree Ltd is down 24.44% in last one year as compared to a 2.43% fall in NIFTY and a 5.38% fall in the Nifty IT index.

The PE of the stock is 17.02 based on TTM earnings ending June 19.

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First Published: Jul 31 2019 | 1:05 PM IST

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