LTIMindtree stock down by 2% today

8 Dec 2022 , 12:54 PM

On Today’s trade, shares of LTIMindtree, the newly combined company of Larsen and Toubro Infotech (LTI) and Mindtree, were down 2% at Rs 4,588.95 on the BSE. Since listing its additional shares under its new name on December 5, the stock of the Larsen & Toubro (L&T) Group has decreased for four days in a row, dropping by 9%. With effect from Monday, December 5, 2022, about 120 million equity shares of Rs 1 each that were issued following the merger of LTI and Mindtree were listed and allowed for trade on the exchange.

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