4140.6000 -9.80 (-0.24%)
NSE Jan 06, 2026 15:31 PM
Volume: 1.2M
 

4140.60
-0.24%
ICICI Securities Limited
On a TTM basis, digital witnessed average growth of 40% YoY ahead of LTI's growth of 21% YoY indicating growing digital capability of the company. Even on a CQGR basis, digital revenue (in dollar terms) grew at a CQGR of 9.7% vs. the company's growth of 4.1% in the last 11 quarters. Going forward, based on global spend in digital technologies, we expect Indian IT companies to witness at least 25% growth in digital revenues. LTI with its faster adoption, strong execution capabilities, could be a major beneficiary of rising digital proportion ensuring healthy profitability over the coming...
Larsen & Toubro Ltd. has an average target of 4598.83 from 6 brokers.
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