LTM Ltd continued its downward trajectory, falling for the fifth straight session as of 13:19 IST on the NSE. The stock was trading at ₹3,990, down 0.04% on the day, according to reports from Business Standard. This latest decline adds to the stock's consistent weakness, reflecting sustained selling pressure in the market.
The stock's performance over the past year has significantly underperformed broader market indices. LTM Ltd tumbled 21.88% in the last one year, as reported by Business Standard. This compares unfavorably to the 3.4% slide in the NIFTY and the 22.35% fall in the Nifty IT index, highlighting the stock's sector-specific challenges. The stock has also underperformed BSE 100 by 19.74%, according to latest market data.
The stock has shown continued weakness in the short term, declining 8.19% in the last one month, according to Business Standard reports. This monthly performance contrasts with the Nifty IT index, which has eased around 0.14% in the same period and is currently quoting at 28,979.85, up 0.48% on the day.
Trading volume for LTM Ltd stood at 2.18 lakh shares today, significantly lower than the daily average of 3.89 lakh shares recorded in the last one month, as reported by Business Standard. The stock's PE ratio stands at 22.24 based on TTM earnings ending March 26. The benchmark May futures contract for the stock is quoting at ₹3,988.9, down 0.07% on the day.
