5020.0000 4.60 (0.09%)
NSE May 21, 2025 09:45 AM
Volume: 35,394
 

5020.00
0.09%
HDFC Securities
Expect revenue/EPS CAGR of 11/9% over FY17-19E, and maintain BUY with a TP of Rs 890, 13x FY19E EPS. L&T; Infotech (LTI) posted in-line revenue, but lower margins on increased lateral hires and lower utilisation. Revenue at USD 259mn, 2% QoQ (1.5% CC QoQ and 11.8% CC YoY) driven by strong growth in Digital (4.5% QoQ in Analytics and 6.3% QoQ in Enterprise Integration and Mobility) and IMS (12.5% QoQ driven by cloud).
Geojit BNP Paribas downgraded LTIMindtree Ltd. to Hold with a price target of 4960.0 on 06 May, 2025.
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