L&T Infotech shares decline 2.35% as Sensex slides

Shares of the Larsen & Toubro Infotech Ltd. traded at Rs 4533.2 on BSE at 01:55PM (IST) on Thursday, down 2.35 per cent from previous close.

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

Earlier, the stock saw a gap up opening in the morning.

A total of 13,860 lakh shares changed hands on the counter till 01:55PM (IST).

The stock of Larsen & Toubro Infotech Ltd. commands a market value of Rs 81389.36 crore.

The stock traded at a price-to-earning (P/E) multiple of 33.44, 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, 215 stocks traded in the green, while 286 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 foreign and domestic institutional investors owned 8.42 per cent and 8.1 per cent, respectively.