3656.3000 13.70 (0.38%)
NSE Jun 06, 2025 15:31 PM
Volume: 1.2M
 

3656.30
0.38%

Larsen

JM Financial
Our conversations with the L&T; Technology Services' (LTTS) management indicate ramp-up in the recent deal wins are on track and deal pipeline is healthy. It hasn't seen any impact so far of the on-going global trade conflicts on the clients' R&D; spend and has been getting billingrate hikes selectively in contract renewals. This should help offset the margin impact of annual wage revision in 2QFY19; a 2% QTD INR depreciation is an additional lever. We believe our current 21% FY19 USD revenue growth forecast should be achievable and there...
Larsen & Toubro Ltd. has an average target of 4232.33 from 6 brokers.
More from Larsen & Toubro Ltd.
Recommended