Mindtree Ltd down for fifth straight session

12 May 2022 , 01:35 PM

Mindtree Ltd is down for a fifth straight session today. The stock is quoting at Rs 2931.55, down 3.67% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.76% on the day, quoting at 15882.2. The Sensex is at 53123.81, down 1.78%.Mindtree Ltd has lost around 28.48% in last one month.Meanwhile, Nifty IT index of which Mindtree Ltd is a constituent, has eased around 13.06% in last one month and is currently quoting at 30050.2, down 0.61% on the day. The volume in the stock stood at 8.17 lakh shares today, compared to the daily average of 11.33 lakh shares in last one month. The benchmark May futures contract for the stock is quoting at Rs 2948.05, down 3.53% on the day. Mindtree Ltd jumped 39.23% in last one year as compared to a 8.21% rally in NIFTY and a 16.73% spurt in the Nifty IT index.The PE of the stock is 30.34 based on TTM earnings ending March 22.Powered by Capital Market – Live News