The counter opened at Rs 5009.95 and touched an intraday high and low of Rs 5009.95 and Rs 4908.0, respectively, in the session so far. Shares of the company of LTIMindtree Ltd. quoted a 52-week high of Rs 5360.65 and a 52-week low of Rs 3834.0.
As per BSE, the total market cap of the LTIMindtree Ltd. stood at Rs 147260.58 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 8757.4 crore for the quarter ended 31-Mar-2023, down 0.16 per cent from previous quarter's Rs 8771.8 crore and down 97.43 per cent from the year-ago quarter's Rs 4435.6 crore.
The net profit for latest quarter stood at Rs 1113.7 crore, up 74.84 per cent from the same quarter a year ago.
As of 31-Mar-2023, domestic institutional investors held 6.82 per cent stake in the company, while foreign institutional investors held 8.41 per cent and the promoters 68.68 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 37.41 and a price-to-book ratio of 8.49. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. 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.
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