LTIMindtree share price down 1.03 per cent
A total of 4,294 shares changed hands on the counter till 01:23PM (IST).
Shares of Ltd. traded 1.03 per cent up at Rs 4711.8 at around 01:23PM (IST) on Friday. The stock had closed at Rs 4761.0 in the previous session. Equity benchmark traded 224.78 points higher at 74110.38 around the same time. The scrip has declined 5.72 per cent in the last one year till date, while the 30-share index has gained 18.35 per cent during the same period.
The stock's 52-week high price stood at Rs 6442.65 and the 52-week low price at Rs 4565.0.
Trading volume on the counter stood at 4,294 shares, while it quoted a price-to-earnings ratio of 30.65, an EPS value of 154.72 and a price-to-book value of 7.3. In the Nifty50 pack, 32 stocks traded in the green, while 18 stocks were in the red.
Promoter/FII Holding
Promoters held 68.6 per cent stake in the company as of 31-Mar-2024, while overseas investor and mutual funds' ownership stood at 7.86 per cent and 6.22 per cent, respectively.
Key Financials
For the quarter ended 31-Mar-2024, the company reported consolidated sales of Rs 9100.5 crore, down 1.47 per cent from the previous quarter's Rs 9236.1 crore and down 3.92 per cent from the year-ago quarter's Rs 8757.4 crore. The company reported net profit of Rs 1099.9 crore for the latest quarter.
Technical Indicators
The MACD signalled a bullish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect "buy" or "sell" opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.
The stock's 52-week high price stood at Rs 6442.65 and the 52-week low price at Rs 4565.0.
Trading volume on the counter stood at 4,294 shares, while it quoted a price-to-earnings ratio of 30.65, an EPS value of 154.72 and a price-to-book value of 7.3. In the Nifty50 pack, 32 stocks traded in the green, while 18 stocks were in the red.
Promoter/FII Holding
Promoters held 68.6 per cent stake in the company as of 31-Mar-2024, while overseas investor and mutual funds' ownership stood at 7.86 per cent and 6.22 per cent, respectively.
Key Financials
For the quarter ended 31-Mar-2024, the company reported consolidated sales of Rs 9100.5 crore, down 1.47 per cent from the previous quarter's Rs 9236.1 crore and down 3.92 per cent from the year-ago quarter's Rs 8757.4 crore. The company reported net profit of Rs 1099.9 crore for the latest quarter.
Technical Indicators
The MACD signalled a bullish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect "buy" or "sell" opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.
Source: Stocks-Markets-Economic Times
