Larsen & Toubro Infotech Ltd soars 5.56%

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Larsen & Toubro Infotech Ltd is up for a third straight session in a row. The stock is quoting at Rs 4113.1, up 5.56% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.3% on the day, quoting at 15143.4. The Sensex is at 51223.21, up 0.39%. Larsen & Toubro Infotech Ltd has risen around 2.15% in last one month.

Meanwhile, Nifty IT index of which Larsen & Toubro Infotech Ltd is a constituent, has risen around 0.01% in last one month and is currently quoting at 25582.35, up 1.79% on the day. The volume in the stock stood at 7.52 lakh shares today, compared to the daily average of 1.5 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 4136.3, up 5.4% on the day. Larsen & Toubro Infotech Ltd is up 132.06% in last one year as compared to a 44.8% spurt in NIFTY and a 77.37% spurt in the Nifty IT index.

The PE of the stock is 39.23 based on TTM earnings ending December 20.

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