Digital solutions (37% of revenue) maintained the strong growth momentum and grew by 12%/40% QoQ/YoY. Q2FY19 is the fifth quarter of 40%+ YoY growth in the last six quarters. LTI had third consecutive quarter of net-new TCV of US50mn+ large deal win. We factor Q2FY19 beat and increase FX rate to Rs70 vs. Rs68 earlier for H2FY19E and FY20E. We increase FY19/20E EPS by 10.2%/4.4%. We now forecast FY18-20E revenue (US$)/EPS CAGR of 16.8%/20.8%. We increase our TP to Rs1,889 (vs. Rs1,809)based on 20x FY20E and upgrade LTI to ACCUMULATE from HOLD. Key Highlights and Investment Rationale...