Share price of LTIMindtree falls as Nifty strengthens
A total of 5,420 shares changed hands on the counter till 01:55PM (IST).
Shares of Ltd. slipped 1.39 per cent to Rs 5492.45 in Monday's trade as of 01:55PM (IST).The stock hit a high price of Rs 5640.4 and low of Rs 5492.45 during the session.
The return on equity (ROE) for the stock stood at 23.45 per cent. Traded volume on the counter stood at 01:55PM shares and turnover at Rs 3.0 crore around that time.
The stock of LTIMindtree Ltd. quoted a 52-week high and 52-week low prices of Rs 6442.65 and Rs 4518.35, respectively.
The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 0.59.
Promotor/FII Holding
Promoters held 68.6 per cent stake in the company as of 31-Mar-2024, while overseas investors held 7.86 per cent and domestic institutional investors had 13.39 per cent.
Key Financials
The company reported consolidated sales of Rs 9100.5 crore for the quarter ended 31-Mar-2024, down 1.47 per cent from previous quarter's Rs 9236.1 crore and down 3.92 per cent from the year-ago quarter's Rs 8757.4 crore.
Net profit after tax for the latest quarter stood at Rs 1099.9 crore, down 1.24 per cent from the same quarter a year ago.
Source: Stocks-Markets-Economic Times
