LTIMindtree Share Price: Share price of LTIMindtree jumps as Sensex gains 531.1 points
The share price of LTIMindtree Ltd. gained 0.56 per cent to Rs 6448.4 at 01:07PM (IST) in Monday’s trade. The scrip has hit a high of Rs 6485.0 and low of Rs 6366.45 so far during the session. The stock had closed at Rs 6412.0 in the previous session.
The counter has had a total traded volume of 7862 shares so far with a value of Rs 5.05 crore on the NSE. It traded at a price-to-earnings multiple of 41.92 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 reflects the price investors are willing to pay even for no…
