L&T Technology Services Ltd spurts 1.03%, gains for fifth straight session

L&T Technology Services Ltd is up for a fifth straight session today. The stock is quoting at Rs 5431.4, up 1.03% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.11% on the day, quoting at 24726.7. The Sensex is at 80745.92, down 0.07%. L&T Technology Services Ltd has gained around 8.6% in last one month.

Meanwhile, Nifty IT index of which L&T Technology Services Ltd is a constituent, has gained around 4.15% in last one month and is currently quoting at 41572.8, down 0.35% on the day. The volume in the stock stood at 64087 shares today, compared to the daily average of 1.63 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 5446.35, up 1.07% on the day. L&T Technology Services Ltd is up 24.71% in last one year as compared to a 27.48% jump in NIFTY and a 34.05% jump in the Nifty IT index.

The PE of the stock is 44.74 based on TTM earnings ending June 24.