5047.8000 13.90 (0.28%)
NSE May 16, 2025 15:31 PM
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LTIMindtree Ltd.
03 May 2019
5047.80
0.28%
Emkay
LTI posted broad-based and strong 20.9% yoy CC growth in FY19 - most likely industry leading too. Despite the structural slowdown in IT spending by the Top client, LTI expects to post top-quartile growth and stable NPM (in the narrow band of 15%) in FY20. Ex-Top client, the outlook for the BFSI vertical continued to remain strong, with two large deal wins (>USD50mn+) in FY19. This comes as a key positive after indications of weak demand in the BFSI vertical by Cognizant post its Q1CY19 results on May 02, 2019. USD100mn+), fruitful client mining efforts (5 USD50mn+ clients vs. 4 in FY18), and healthy addition of marquee Fortune-500 clients (66 now vs. 59 in FY18)....
Number of FII/FPI investors increased from 548 to 562 in Mar 2025 qtr.
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