LTIMindtree Share Price History & Returns (2016 To 2024)
Show Table of Contents
Table of Contents
- 1: LTIMindtree Share Highlights
- 1.1: 52-Week High Low
- 1.2: All Time High
- 2: Short Info About LTIMindtree
- 3: LTIMindtree Recent Performance
- 4: LTIMindtree Share Price Chart From 2016 to 2024
- 5: LTIMindtree Share Price History Table From 2016 to 2024
- 6: Analyzing the Impact of Investing in LTIMindtree
- 6.1: LTIMindtree Share Returns In Last 5 Years
- 6.2: LTIMindtree Share VS FD (Normal) VS FD (Compounding)
LTIMindtree Share Highlights
As of Thu 21 Nov 2024, LTIMindtree Share price is ₹5,931.04 which is ₹643.91 below 52-week high of ₹6,574.95 and ₹1,417.50 above 52-week low of ₹4,513.54
52-Week High Low
- LTIMindtree 52-Week High is ₹6,574.95 occured on Thu 19 Sep 2024
- LTIMindtree 52-Week Low is ₹4,513.54 occured on Tue 04 Jun 2024
All Time High
- The all-time high or the highest price that LTIMindtree shares have ever touched was ₹7,588.79 and this occurred on Tue 04 Jan 2022.
- The highest closing price at which LTIMindtree shares have ever closed was ₹7,561.75 recorded on Tue 04 Jan 2022.
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Short Info About LTIMindtree
LTIMindtree: How the Merger of Two IT Giants Created a New Force in the Industry
A successful business conglomerate understands that with the changing world, the demand for the products also changes, and it never shies away from exploring different industries. L&T, a construction giant, operates in the IT industry through LTIMindtree Ltd.
1996: L&T Information Technology Limited was incorporated.
2016: It was listed on the Indian stock market.
2017: The company’s name was changed to LTI.
2022: The company’s name was changed to LTIMindtree Ltd. after the merger with Mindtree.
LTIMindtree Ltd. is one of India’s leading IT services and consulting companies, with a presence in various industries and geographies. It is an Indian MNC information technology services and consulting company. In July 2017 LTIMindtree replaced HDFC from the Nifty 50 index. Various other indices have it as a constituent, such as Nifty IT, S&P BSE 100, etc.
LTIMindtree deals in cloud infrastructure, data analytics, enterprise applications, etc. The company has also received several awards for excellence in service delivery, innovation, quality, and sustainability. It has a presence in over 30+ countries.
4 out of 7 times, it has given more than 50% return on a yearly basis. Let us dive into the historical share price of LTIMindtree Ltd. to see the value creation done for its investors.
LTIMindtree Recent Performance
Over the past 21 trading days, the value of LTIMindtree's stock has decreased by ₹463.41 (-7.25%). On 17 Oct 2024, its one share was worth ₹6394.45 and by 21 Nov 2024, the value dropped to ₹5931.04. During this period it created a highest high of ₹6425.00 and lowest low of ₹5572.64.
Below Image represents line chart of daily close price of LTIMindtree, helping you visualize how the price has changed day by day.
LTIMindtree Share Price Chart From 2016 to 2024
LTIMindtree Share Price History Table From 2016 to 2024
| Year | LTIMindtree | YOY Chg% | ↑High - ↓Low |
|---|---|---|---|
| 2016 | ₹678.04 | - | ↑ ₹714 ↓ ₹593 |
| 2017 | ₹1114.14 | 64.3% | ↑ ₹1118 ↓ ₹651 |
| 2018 | ₹1721.63 | 54.5% | ↑ ₹1985 ↓ ₹1075 |
| 2019 | ₹1744.93 | 1.3% | ↑ ₹1892 ↓ ₹1433 |
| 2020 | ₹3650.37 | 109.1% | ↑ ₹3690 ↓ ₹1205 |
| 2021 | ₹7328.15 | 100.7% | ↑ ₹7562 ↓ ₹3518 |
| 2022 | ₹4364.25 | -40.5% | ↑ ₹7595 ↓ ₹3733 |
| 2023 | ₹6294.95 | 44.2% | ↑ ₹6356 ↓ ₹4121 |
| 2024 | ₹5931.04 | -5.8% | ↑ ₹5946 ↓ ₹5848 |
Analyzing the Impact of Investing in LTIMindtree
LTIMindtree Shares price in the year 2016 was ₹678.04. If you had invested ₹10,000 in LTIMindtree Shares in 2016, in 8 years, your investment would have grown to ₹87,473 by the end of 2024. This represents a positive return of 774.7% from 2016 to 2024, with a compound annual growth rate (CAGR) of 31.1%.
Also Read: Vodafone Idea Year Wise Share Price History From IPO to 2024
LTIMindtree Share Returns In Last 5 Years
- Its highest share price in the last 5 years was: ₹7,595.25 and lowest was: ₹1,205
- LTIMindtree Shares price in 2019 was ₹1,744.93
- By 2024, its share price rose to ₹5,931.04
- It gave a positive return of over 239% with a CAGR of 27.7% over the last 5 years
- If you had invested ₹10,000 in LTIMindtree in 2019 then in 5 years, your investment would have grown to ₹33,990 by 2024, which is 3.39 times of your initial investment.
LTIMindtree Share VS FD (Normal) VS FD (Compounding)
You might wonder which option is better: shares, fixed deposits (FDs) or compounding FDs. Let’s compare them and see how they differ.
- Shares: Units of ownership in a company can benefit from its profits or losses.
- FDs: Deposits you make with a bank or a financial institution for a fixed time and at a fixed interest rate.
- Compounding FDs: Similar to FDs but with one difference: the interest is reinvested into the principal amount instead of being paid out.
If you invested ₹10,000 rupees each in these 3 options in :
| Year | LTIMindtree Investment | FD Normal Investment | FD Compond Investment |
|---|---|---|---|
| 2016 | ₹10,000 | ₹10,000 | ₹10,000 |
Then today, your investment would have become this much in each option: | |||
| 2024 | ₹87,218.78 | ₹14,800 | ₹15,938.48 |
[Click/Touch on line to show data]
For more insights into LTIMindtree, explore these additional resources:-
Reference:
- LTIMindtree LTIMindtree – About company
- Moneycontrol LTI and Mindtree merger
- Economic Times LTIMindtree company history
- Wikipedia LTIMindtree – Wiki
