LTIMindtree Share Price: Share price of LTIMindtree jumps as Sensex drops 240.47 points
Share price of LTIMindtree Ltd. gained 0.94 per cent to Rs 6505.8 at 11:36AM (IST) in Tuesday’s trade. The counter hit a high of Rs 6550.0 and low of Rs 6445.0 so far during the session. The stock had closed at Rs 6444.8 in the previous session.
The counter had a total traded volume of 11:36AM shares so far with a turnover of Rs 1.78 crore on BSE. The stock traded at a price-to-earnings multiple of 42.24 and a price-to-book ratio of 7.3.
A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay…
