AgenciesShares of Larsen & Toubro Infotech Ltd. fell 2.09 per cent to Rs 5900.7 at 11:21AM hours (IST) on Monday. Earlier in the day, the stock saw a gap up start to the session.
As per data available on BSE, total traded quantity on the counter stood at 12,306 shares with a turnover of Rs 7.35 crore till 11:21AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 47.89, while the price-to-book value ratio stood at 9.7.
Return on equity (ROE) was at 26.8 per cent, according to exchange data. The stock hit an intraday high of Rs 6060.0 and a low of Rs 5881.55 during the session and quoted a 52-week high price of Rs 7595.25 and a 52-week low of Rs 3525.95.
The stock's beta value, which measures its volatility in relation to the broader market, stood at 0.59.
Technical Indicators
The 200-DMA (day moving average) of the stock stood at Rs 5961.36 on April 18, while the 50-DMA was at Rs 6098.87. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
The Relative Strength Index (RSI) of the stood at 41.44. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.
Promoter holding
As of 31-Mar-2022, promoters held 74.05 per cent stake in the company, while overseas investors held 10.08 per cent and domestic institutional investors had 7.48 per cent.
As per data available on BSE, total traded quantity on the counter stood at 12,306 shares with a turnover of Rs 7.35 crore till 11:21AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 47.89, while the price-to-book value ratio stood at 9.7.
Return on equity (ROE) was at 26.8 per cent, according to exchange data. The stock hit an intraday high of Rs 6060.0 and a low of Rs 5881.55 during the session and quoted a 52-week high price of Rs 7595.25 and a 52-week low of Rs 3525.95.
The stock's beta value, which measures its volatility in relation to the broader market, stood at 0.59.
Technical Indicators
The 200-DMA (day moving average) of the stock stood at Rs 5961.36 on April 18, while the 50-DMA was at Rs 6098.87. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
The Relative Strength Index (RSI) of the stood at 41.44. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.
Promoter holding
As of 31-Mar-2022, promoters held 74.05 per cent stake in the company, while overseas investors held 10.08 per cent and domestic institutional investors had 7.48 per cent.
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