Maintain BUY on LTI with TP of Rs 1,400, 18x Dec-19E EPS (16x earlier). L&T; Infotech (LTI) posted strong revenue growth with secular performance across verticals/client bands. Revenue came at USD 294mn, 8.3% QoQ CC (5.9% QoQ adjusted for Syncordis consolidation and pass-through revenue from India business). Digital (33% of rev) grew 11.9/41.1% QoQ/YoY. Client additions were strong with 17 new logo wins (highest in the past seven qtrs). EBITDA% came at 17.1%, +26bps QoQ supplemented by better realisation, utilisation and SGA%.