Mindtree Ltd up for third straight session

24 Mar 2022 , 01:05 PM

Mindtree Ltd gained for a third straight session today. The stock is quoting at Rs 4154.05, up 1.25% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is down around 0.47% on the day, quoting at 17164.45. The Sensex is at 57410.8, down 0.48%. Mindtree Ltd has gained around 9.78% in last one month.

Meanwhile, Nifty IT index of which Mindtree Ltd is a constituent, has gained around 8.3% in last one month and is currently quoting at 36082, up 0.48% on the day. The volume in the stock stood at 4.39 lakh shares today, compared to the daily average of 6.72 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 4154.75, up 1.12% on the day. Mindtree Ltd is up 110.93% in last one year as compared to a 19.82% jump in NIFTY and a 43.66% jump in the Nifty IT index.

The PE of the stock is 45.18 based on TTM earnings ending December 21.

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