L&T Infotech shares decline 0.47% as Sensex climbs

Shares of the Larsen & Toubro Infotech Ltd. traded at Rs 4699.8 on BSE at 01:25PM (IST) on Wednesday, down 0.47 per cent from previous close.

The scrip quoted a 52-week low price of Rs 3733.25 and a high of Rs 7595.25.

Earlier, shares of the company saw a gap up opening in the morning.


A total of 3,433 lakh shares changed hands on the counter till 01:25PM (IST).

The stock of Larsen & Toubro Infotech Ltd. commands a market value of Rs 82180.06 crore.

The stock traded at a price-to-earning (P/E) multiple of 32.08, while the price-to-book value ratio stood at 12.22. Return on equity (ROE) was at 26.05 per cent, according to exchange data.

In the BSE500 pack, 261 stocks traded in the green, while 240 stocks were in the red.

Promotor Holding
Promoters held 74.03 per cent in the Larsen & Toubro Infotech Ltd. as of 30-Jun-2022 while overseas and domestic institutional investors owned 8.42 per cent and 8.1 per cent, respectively.