LTI Mindtree Outperforms IT Sector Amid Broader Market Rally and Positive Sentiment

LTI Mindtree, a prominent player in the IT software sector, has shown significant activity today, gaining 3.88% as of May 12, 2025. This performance has allowed the stock to outperform its sector by 1.21%. Over the past four days, LTI Mindtree has consistently gained, accumulating a total return of 5.37% during this period.
The stock opened with a notable gap up of 3.01% and reached an intraday high of Rs 4789, reflecting a 3.86% increase at its peak. In terms of moving averages, LTI Mindtree is currently positioned above its 5-day, 20-day, and 50-day moving averages, although it remains below the 100-day and 200-day moving averages.

In the broader market context, the Sensex has experienced a sharp rise, climbing 941.71 points to reach 81,745.51, a 2.88% increase. The IT software sector itself has gained 2.71%, contributing to the overall positive sentiment in the market. Despite recent gains, LTI Mindtree's performance over the past three months shows a decline of 16.01%, contrasting with the Sensex's increase of 7.41% during the same period.