Share price of LTIMindtree falls as Sensex gains 402.61 points

Share price of LTIMindtree Ltd. dropped 0.1 per cent to Rs 4995.8 at 12:25PM (IST) in Monday's trade. The scrip hit a high of Rs 5050.0 and low of Rs 4985.0 so far during the session. The stock had closed at Rs 5000.65 in the previous session.

The counter had a total traded volume of 12:25PM shares so far with a turnover of Rs 2.86 crore on BSE. The stock traded at a price-to-earnings multiple of 37.55 and a price-to-book ratio of 8.49.

A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.


The price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

LTIMindtree Ltd. belongs to the IT Consulting & Software - Mid Cap industry.

Promotor/FII Holding
Promoters held 68.68 per cent stake in the company as of 31-Mar-2023, while FIIs and domestic institutional investors ownership stood at 8.41 per cent and 11.61 per cent, respectively.

Key Financials
The firm reported consolidated sales of Rs 8757.4 crore for the quarter ended 31-Mar-2023, down 0.16 per cent from the previous quarter's Rs 8771.8 crore and down 97.43 per cent from the year-ago quarter's Rs 4435.6 crore.

Its profit for the latest quarter stood at Rs 1113.7 crore, up 74.84 per cent from the same quarter a year ago.