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Mindtree Ltd jumps around 11%

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Capital Market

Mindtree Ltd is quoting at Rs 866.35, up 11.02% on the day as on 12:54 IST on the NSE. The stock is down 11.71% in last one year as compared to a 20.42% fall in NIFTY and a 20.92% fall in the Nifty IT index.

Mindtree Ltd rose for a third straight session today. The stock is quoting at Rs 866.35, up 11.02% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 2.13% on the day, quoting at 9349.5. The Sensex is at 32006.1, up 2.17%. Mindtree Ltd has added around 2.36% in last one month.

 

Meanwhile, Nifty IT index of which Mindtree Ltd is a constituent, has added around 7.24% in last one month and is currently quoting at 12816.2, up 3.08% on the day. The volume in the stock stood at 43.51 lakh shares today, compared to the daily average of 6.91 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 861.6, up 13.18% on the day. Mindtree Ltd is down 11.71% in last one year as compared to a 20.42% fall in NIFTY and a 20.92% fall in the Nifty IT index.

The PE of the stock is 20.62 based on TTM earnings ending December 19.

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First Published: Apr 27 2020 | 1:05 PM IST

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