LTIMindtree stock price: LTIMindtree stock price fell 0.71% due to decline in Sensex.
According to data available on BSE, the total trading volume on the counter was 5,561 shares till 10:51 am (IST) with turnover of Rs 31.4 crore. The stock traded at a price-to-earnings (P/E) multiple of 36.19, with a price-to-book ratio of 8.49.
According to exchange data, the return on equity (ROE) was 27.36%. The stock hit an intraday high of 5724.7 won and a low of 5598.4 won, with its 52-week high of 6442.65 won and 52-week low of 4120.0 won.
The beta value, which measures volatility compared to the overall market, recorded 0.59.
technical indicators
The stock’s 200-DMA (daily moving average) on January 23 was Rs 5210.34, while its 50-DMA was Rs 5823.26. If a stock is trading above the 50-DMA and 200-DMA, this usually means the immediate trend is up. On the other hand, if the stock is trading below the 50-DMA and 200-DMA, it is considered to be in a bearish trend. If it’s trading between 50-DMA and 200-DMA, it suggests the stock could go either way.
The relative strength index (RSI) recorded 38.34. RSI oscillates between 0 and 100. Traditionally, a stock is considered overbought when its RSI value is above 70, and oversold when it is below 30. promoter holding
As of December 31, 2023, promoters hold 68.64% of the company’s shares, foreign institutional investors hold 8.65% and domestic institutional investors hold 12.85%.
