5341.5000 9.00 (0.17%)
NSE Sep 15, 2025 15:31 PM
Volume: 93,202
 

logo
LTIMindtree Ltd.
07 Nov 2017
5341.50
0.17%
HDFC Securities
Maintain BUY with TP of Rs 910, 13x Sep-19E EPS. L&T; Infotech (LTI) posted nearly in-line nos, with revenue at USD 271mn, +3.5% QoQ. Digital (32% of rev) growth has been the fastest in the last four quarters (15.2% QoQ in 2Q). Growth was predominantly secular across verticals and client categories. EBITDA% came in at 16.8%, (+5bps QoQ), as wage headwind of -180bps was offset by an improvement in utilisation and higher offshore mix.
LTIMindtree Ltd. is trading above all available SMAs
More from LTIMindtree Ltd.
Recommended