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Mindtree Ltd up for fifth session

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Capital Market

Mindtree Ltd is quoting at Rs 1017.6, up 2.07% on the day as on 12:49 IST on the NSE. The stock is up 12.57% in last one year as compared to a 12.83% spurt in NIFTY and a 7.75% spurt in the Nifty IT.

Mindtree Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 1017.6, up 2.07% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1% on the day, quoting at 12112.45. The Sensex is at 41281.78, up 0.95%. Mindtree Ltd has risen around 13.98% in last one month.

 

Meanwhile, Nifty IT index of which Mindtree Ltd is a constituent, has risen around 3.78% in last one month and is currently quoting at 16748.75, up 0.42% on the day. The volume in the stock stood at 7.29 lakh shares today, compared to the daily average of 7.33 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 1012.8, up 1.62% on the day. Mindtree Ltd is up 12.57% in last one year as compared to a 12.83% spurt in NIFTY and a 7.75% spurt in the Nifty IT index.

The PE of the stock is 26.33 based on TTM earnings ending December 19.

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First Published: Feb 19 2020 | 1:00 PM IST

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