LTIMindtree Ltd. saw its shares go down by 0.08% to Rs 5833.00 at 10:43 AM (IST) on Tuesday. The stock opened the day lower. By then, around 2,589 shares had traded, making a total of Rs 1.51 crore exchanged.
Currently, the price-to-earnings (P/E) ratio is 37.77, and the price-to-book value is 7.30. The return on equity (ROE), which shows how much profit the company makes compared to its total investment, is 23.45%.
During the day, the stock reached a high of Rs 5879.00 and a low of Rs 5817.40. Over the past year, the highest price was Rs 6764.80, while the lowest was Rs 4518.35. The stock’s beta value is 0.5937, which means it is less volatile than the overall market.
Technical Insights
The 200-day moving average (200-DMA) is Rs 5622.83, and the 50-day moving average (50-DMA) is Rs 6052.31. When a stock is trading above both averages, it’s often seen as a good sign. If it’s below both, it can be a negative sign. Trading between the two suggests mixed signals.
The Relative Strength Index (RSI) is at 46.22. This index shows how a stock is performing; an RSI above 70 means the stock might be too expensive, and below 30 suggests it might be a good buy.
Ownership Details
As of December 31, 2024, company promoters own 68.57% of shares, while foreign investors hold 7.45% and domestic institutions own 14.82%.
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