Shares of LTIMindtree Ltd. rose by 0.64% to Rs 5792.00 at 12:57 PM (IST) on Wednesday, while the BSE Sensex jumped by 590.61 points to reach 77608.5. Yesterday, the stock closed at Rs 5754.90. Over the past year, it reached a high of Rs 6764.80 and a low of Rs 4518.35.
So far today, a total of 12,57,000 shares have been traded, making the total money involved Rs 1.82 crore. At the current price, LTIMindtree’s stock is valued at 36.75 times its earnings per share over the last year, which is Rs 157.12, and 7.30 times its book value. A higher price-to-earnings (P/E) ratio means investors think the company will grow, so they’re willing to pay more for the stock now. Price-to-book value helps investors understand the company’s basic worth even when it’s not growing.
The stock’s volatility, measured by its Beta value, is 0.5937, meaning it’s less volatile than the market overall.
As of September 30, 2024, company ownership is interesting: Promoters own 68.6%, Foreign Institutional Investors (FIIs) hold 7.39%, and Domestic Institutional Investors (DIIs) have 14.73%.
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