L&T Technology Services Ltd drops for fifth straight session – Business Standard

Capital Market  Last Updated at October 26, 2021 14:04 IST
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L&T Technology Services Ltd is quoting at Rs 4520.35, down 0.06% on the day as on 13:24 IST on the NSE. The stock jumped 157.64% in last one year as compared to a 52.82% rally in NIFTY and a 66.84% spurt in the Nifty IT index.
L&T Technology Services Ltd fell for a fifth straight session today. The stock is quoting at Rs 4520.35, down 0.06% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is up around 0.24% on the day, quoting at 18169.15. The Sensex is at 61037.78, up 0.12%.L&T Technology Services Ltd has eased around 4.69% in last one month.Meanwhile, Nifty IT index of which L&T Technology Services Ltd is a constituent, has eased around 2.66% in last one month and is currently quoting at 35005.4, up 0.2% on the day. The volume in the stock stood at 3.08 lakh shares today, compared to the daily average of 5.39 lakh shares in last one month.document.write(““);googletag.cmd.push(function(){googletag.defineOutOfPageSlot(‘/6516239/outofpage_1x1_desktop’,’div-gpt-ad-1490771277198-0′).addService(googletag.pubads());googletag.pubads().enableSyncRendering();googletag.enableServices();});

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The benchmark October futures contract for the stock is quoting at Rs 4509.95, up 0.1% on the day. L&T Technology Services Ltd jumped 157.64% in last one year as compared to a 52.82% rally in NIFTY and a 66.84% spurt in the Nifty IT index.
The PE of the stock is 58.54 based on TTM earnings ending September 21.
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