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Mindtree Ltd spurts 0.24%, gains for fifth straight session

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Capital Market

The stock is quoting at Rs 1164.75, up 0.24% on the day as on 12:44 IST on the NSE. Mindtree Ltd is up 160.8% in last one year as compared to a 14.55% jump in NIFTY and a 54.23% jump in the Nifty IT.

Mindtree Ltd is up for a fifth straight session today. The stock is quoting at Rs 1164.75, up 0.24% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 1.09% on the day, quoting at 11462.4. The Sensex is at 38005.88, down 1%. Mindtree Ltd has gained around 18.5% in last one month.

 

Meanwhile, Nifty IT index of which Mindtree Ltd is a constituent, has gained around 8.41% in last one month and is currently quoting at 16104.75, up 0.17% on the day. The volume in the stock stood at 7.21 lakh shares today, compared to the daily average of 18.51 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 1171, up 0.46% on the day. Mindtree Ltd is up 160.8% in last one year as compared to a 14.55% jump in NIFTY and a 54.23% jump in the Nifty IT index.

The PE of the stock is 28.92 based on TTM earnings ending June 18.

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First Published: Sep 10 2018 | 1:01 PM IST

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