LTIMindtree declines 1.09% as Sensex climbs

Shares of LTIMindtree Ltd. traded at Rs 4745.9 on BSE at 01:53PM (IST) on Tuesday, down 1.09 per cent from previous close.

The stock quoted a 52-week low price of Rs 3733.25 and a high of Rs 6180.5.

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

A total of 11,300 lakh shares changed hands on the counter till 01:53PM (IST).

The stock of LTIMindtree Ltd. commanded a market value of Rs 140255.78 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 40.54, 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, 309 stocks traded in the green, while 192 stocks were in the red.

The stock's beta value, which measures volatility in relation to the broader market, stood at 0.59.

Promotor/FII Holding
Promoters held 68.69 per cent in LTIMindtree Ltd. as of 31-Dec-2022 while overseas and domestic institutional investors owned 9.21 per cent and 5.99 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 4568.36 on April 11, while the 50-DMA was at 4674.58. If a stock trades below 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 as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.