LTI Mindtree Ltd was quoted at Rs 4,527.25, up 3.63% on the NSE. The stock is down 24.97% in 2022, while Nifty gained 4.98% and Nifty FMCG Index gained 12.24%.

• Ashoka Buildcon JV Bags Rs 1,041-Crore BMC Flyover Project; Shares End 2.30% Higher
• WPIL Shares End 7.75% Higher on Order Win
• Biocon Launches Diabetes, Obesity Drug-Device in Netherlands; Shares Trade Flat
• Bharat Electronics Shares Trade Higher on Rs 776 Crore Orders 
• Granules India Shares Slump Despite Securing EIR from USFDA 

LTI Mindtree Ltd rose for a third consecutive session on January 24, 2023. The stock was quoted at Rs 4,527.25, up 3.63%. The benchmark Nifty was up about 0.11% on the day at 18,138.1. The Sensex rose 0.2% to 61,062.13. LTI Mindtree Ltd gained about 4.1% last month.

Meanwhile, the Nifty FMCG index, of which LTI Mindtree Ltd is a constituent, has gained around 7.3% in the previous month and is currently quoting at 300.86, up 1.24% on the day. The volume in the stock stood at 6.51 lakh shares on January 24, compared to the daily average of 3.74 lakh shares in the previous month.

In the January futures contract, the stock’s benchmark is at Rs 4534.1, up 3.73% on the day. LTI Mindtree Ltd is down 24.97% in 2022, compared to a 4.98% jump in NIiftyand a 12.24% jump in the Nifty FMCG index.

Based on TTM earnings, the PE of the stock is 39.25 ending December 2022.