Share price of LTIMindtree falls as Nifty strengthens

Shares of LTIMindtree Ltd. slipped 0.18 per cent to Rs 4674.4 in Tuesday's trade as of 01:22PM (IST).

The stock hit a high price of Rs 4714.05 and low of Rs 4646.2 during the session.

The return on equity (ROE) for the stock stood at 26.05 per cent. Traded volume on the counter stood at 01:22PM shares and turnover at Rs 4.1 crore around that time.

The stock of LTIMindtree Ltd. quoted a 52-week high and 52-week low prices of Rs 6429.4 and Rs 3733.25, 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 68.69 per cent stake in the company as of 31-Dec-2022, while foreign investors held 9.21 per cent and domestic institutional investors had 10.39 per cent.

Key Financials
The company reported consolidated sales of Rs 8771.8 crore for the quarter ended 31-Dec-2022, up 4.56 per cent from previous quarter's Rs 8388.9 crore and up 24.48 per cent from the year-ago quarter's Rs 7046.8 crore.

Net profit after tax for the latest quarter stood at Rs 1000.5 crore, down 4.68 per cent from the same quarter a year ago.