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L&T Infotech Shares Rise 2.12% as Sensex Slides

Larsen & Toubro Infotech Ltd’s shares traded at Rs 4790.05 on BSE (Bombay Stock Exchange) at 10:15 AM on Wednesday, marking 2.12 per cent up from its previous close. The stock quoted a 52-week low price of Rs 3733.25 and a high of Rs 7595.25.

Till 10:15 AM, a total of 8,781 lakh shares were traded on the counter. The stock of L&T Infotech Ltd. holds a market value of Rs 83452.89 crore. The stock traded at a price-to-earnings (P/E) multiple of 34.29, while the price-to-book value ratio stood at 12.22. Return on equity (ROE) was at 26.05%.

Larsen & Toubro Infotech Limited (LTI) is an Indian multinational information technology services and consulting company. Headquartered in Mumbai, it is a subsidiary of Larsen and Toubro, an Indian conglomerate.

Earlier this month, L&T reported that it had been ranked No.3 in the ‘Top 200 Environmental Firms’ list for 2022 released by Engineering News-Record (ENR), New York.

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