L&T Technology Services Ltd gains ranking in fifth session

L&T Technology Services Ltd Sees Growth on NSE

L&T Technology Services Ltd is currently trading at Rs 5016.45 on the NSE, marking a 2.19% increase as of 12:44 IST. Over the past year, the stock has seen a significant rise of 28.75%, outperforming the NIFTY’s 24.82% increase and the Nifty IT’s 25.89% surge.

For the fifth consecutive session, L&T Technology Services Ltd is on an upward trend. The stock is currently priced at Rs 5016.45, reflecting a 2.19% rise on the NSE at 12:44 IST. Meanwhile, the NIFTY is up by approximately 0.45%, standing at 24117.85, with the Sensex at 79416.19, showing a 0.49% increase. In the last month alone, L&T Technology Services Ltd has grown by around 11.94%.

The Nifty IT index, which includes L&T Technology Services Ltd as a constituent, has also experienced growth of about 13.94% in the last month and is currently priced at 36157.5, showing a 2.45% increase for the day. The trading volume for the stock today is at 1.88 lakh shares, slightly lower than the daily average of 2.31 lakh shares over the past month.

The July futures contract for L&T Technology Services Ltd is currently valued at Rs 5035, up by 2.39% for the day. With a remarkable 28.75% increase over the past year, the stock has outperformed both the NIFTY and the Nifty IT index, which have seen spurts of 24.82% and 25.89% respectively.

The price-to-earnings (PE) ratio for the stock stands at 43.52 based on trailing twelve months (TTM) earnings ending March 24.

See also  Fast & Easy iPhone Call Recording Method

Powered by Capital Market – Live News

Connect With Us

If you want to stay updated on the latest market trends and developments, click here to connect with us on WhatsApp.