L&T Technology Services Ltd. News and Updates

Name: Latest research reports of L&T Technology Services Ltd. authored by Motilal Oswal and published by - Trendlyne research reports.
Item: L&T Technology Services Ltd.
Rating: 5
Author: Motilal Oswal

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L&T Technology Services Ltd.

17 May 2021

4525.20

1.14%

L&T; Technology Services starts Covid isolation centre for staff in Mysuru

Business Standard

L&T Technology Services Ltd (LTTS) on Sunday said it has set up a COVID isolation centre in Mysuru. LTTS has also opened a similar facility in Bengaluru. The centre in Mysuru is fully operational and available to take care of employees and their families who exhibit mild symptoms or are suspected to be COVID-19 positive, a statement said. The facility is equipped with 20 beds and 5 doctors on rotation as well as support staff round the clock on duty. Called the LTTS Isolation Centre, the facility is equipped to provide essential care facilities while operating under the purview and guidelines set by the Indian government, ICMR and WHO, it added. The initiative includes services such as 24x7 ambulance service, 24x7 nursing, doctor and paramedic support and OPD for confirmed asymptomatic patients. The company has partnered Allied Core Healthcare Services for the initiative. The centre will stock oxygen cylinders and O2 concentrators for use in the facility. The centre will treat .

L&T Technology Services Ltd. has gained 10.06% in the last 1 Week

L&T Technology Services Ltd.

03 May 2021

4525.20

1.14%

Upward revisions likely on the guidance front

Buy: L&T Technology Services Ltd.

Motilal Oswal

LTTS reported 3.8% QoQ CC growth in 4QFY21, missing our estimate by 150bp. While segments like Plant Engineering (+9.9% QoQ, large deal ramp up) and Transportation (+6.6% QoQ) did well, Telecom and Hi-Tech and Medical Devices were flat QoQ. EBIT margin improved 140bp QoQ, benefiting from better utilization and offshore mix. The company continues to do well on the deal front, adding six large deals (over USD10m), with two deals with a TCV of over USD25m. The management expressed its confidence on the deal pipeline, which has a...

L&T Technology Services Ltd. is trading above its 50 day SMA of 4411.5

L&T Technology Services Ltd.

01 Apr 2021

4525.20

1.14%

Amit Chadha takes charge as LT Technology Services CEO

Moneycontrol

Chadha joined LTTS in 2009 and has been a core member of LTTS' executive management team, closely involved in the company's listing on stock exchanges in 2016.

L&T Technology Services Ltd. is trading above its 50 day SMA of 4411.5

Amit Chadha takes charge as MD and CEO of L&T; Technology Services

Business Standard | 01 Apr 2021

L&T Technology Services Ltd.

08 Mar 2021

4525.20

1.14%

Initiating Coverage:L&T Technology

L&T Technology Services Ltd.

Axis Direct

We initiate coverage on L&T; Technologies Ltd (LTTS) with a BUY rating and Target Price of Rs 3,200, implying an upside of 22% from the current levels.

L&T Technology Services Ltd. has gained 10.06% in the last 1 Week

L&T Technology Services Ltd.

02 Mar 2021

4525.20

1.14%

Post Conference Notes - Sustained Demand Momentum!

Buy: L&T Technology Services Ltd.

Prabhudas Lilladhar

L&T Technology Services Ltd. is trading below its 100 day SMA of 4735.3

L&T Technology Services Ltd.

21 Jan 2021

4525.20

1.14%

Q3FY21 Result Update - Valuation premium to sustain - BUY

Buy: L&T Technology Services Ltd.

Recommendation Target

Prabhudas Lilladhar

151bps QoQ at 15.2% in Q2 slightly higher than our estimates of 14.7% by 52bps. Management expects margins to further improve in Q4 led by margin levers (utilization, offshore mix, pyramid, attrition) and higher growth in Telecom & Hi-tech segment. Guidance came in line with our estimates of 6.5% (Ple: 6% decline) revenue decline for FY21E. We had released a detailed report in December on ER&D; sector, where we have mention how ER&D; spends will pick up in coming quarters. link Management mentioned that ER&D; spends remains strong across all...