Shares of Larsen & Toubro Infotech Ltd rose 0.28 per cent to Rs 4921.0 in Friday’s commerce at 12:02 pm (IST). Throughout the session to this point the inventory has reached a excessive of Rs 4956.55 and a low of Rs 4900.5. The inventory had closed at Rs 4907.05 within the earlier session.

A complete of 12458 shares have been traded on NSE to this point, with a price of Rs 6.13 crore. It traded at a price-to-earnings a number of of 35.45 and a price-to-book ratio of 12.22.

A excessive P/E ratio signifies that buyers are prepared to pay the next worth per rupee of earnings delivered by the inventory as a result of higher future development expectations.

Worth-to-book worth signifies the underlying worth of an organization and displays the worth that buyers are prepared to pay even for no development within the enterprise.

The inventory gained 4.54 per cent prior to now one yr, whereas the 30-share index gained 8.73 per cent throughout the identical interval.

Larsen & Toubro Infotech Restricted belongs to IT Consulting & Software program – Mid Cap Trade.

Promoter/FII Holding

Promoters held 74.03 per cent stake within the firm as on 30-June-2022, whereas international buyers and home institutional buyers held 8.42 per cent and 5.09 per cent respectively.

main monetary

The agency reported consolidated internet gross sales of Rs 4666.9 crore for the quarter ended 30-June-2022, up 5.21 per cent from Rs 4435.6 crore within the earlier quarter and 30.21 per cent over Rs 3584.1 crore within the year-ago quarter.

Revenue for the most recent quarter stood at Rs 633.5 crore, up 27.64 per cent from the identical quarter a yr in the past.

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