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Larsen & Toubro Infotech Ltd extends upmove

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Capital Market

Larsen & Toubro Infotech Ltd is quoting at Rs 5290, up 0.32% on the day as on 12:49 IST on the NSE. The stock is up 114.03% in last one year as compared to a 48.43% spurt in NIFTY and a 92.1% spurt in the Nifty IT.

Larsen & Toubro Infotech Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 5290, up 0.32% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.56% on the day, quoting at 17025.6. The Sensex is at 57201.72, up 0.55%. Larsen & Toubro Infotech Ltd has risen around 12.49% in last one month.

 

Meanwhile, Nifty IT index of which Larsen & Toubro Infotech Ltd is a constituent, has risen around 11.1% in last one month and is currently quoting at 34109.2, up 0.33% on the day. The volume in the stock stood at 1.42 lakh shares today, compared to the daily average of 3.25 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 5313.4, up 0.43% on the day. Larsen & Toubro Infotech Ltd is up 114.03% in last one year as compared to a 48.43% spurt in NIFTY and a 92.1% spurt in the Nifty IT index.

The PE of the stock is 46.89 based on TTM earnings ending June 21.

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First Published: Aug 31 2021 | 1:00 PM IST

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