Share price of LTIMindtree as Nifty
The return on equity (ROE) for the stock stood at 23.45 per cent. Traded volume on the counter stood at 10:05AM shares and turnover at Rs 0.40 crore around that time. The stock of LTIMindtree Ltd. quoted a 52-week high price of Rs 6764.80 and 52-week low prices of Rs 4518.35, respectively.
The stock’s Beta value, which measures its volatility in relation to the broader market, stood at 0.5937.
Promotor/FII Holding
Promoters held 68.6 per cent stake in the company as of 30-Sep-2024, while FIIs held 7.39 per cent and domestic institutional investors had 5.38 per cent. Key Financials
The company reported consolidated sales of Rs 9731.8000 crore for the quarter ended 30-Sep-2024, 3.86 per cent from previous quarter’s Rs 9369.7000 crore and 7.55 per cent from the year-ago quarter’s Rs 9048.6000 crore. Net after tax for the latest quarter stood at Rs 1251.0 crore, 7.68 per cent from the same quarter a year ago. Technicals
The MACD signalled a bearish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices.
It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on topof the MACD to reflect “buy” or “sell” opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.
